RCS Capital Corp
Luxor Capital files 13D for Searchlight Minerals
Luxor Capital Group increased its stake in Searchlight Minerals Corp. (SRCH). The fund now owns over 20% of SRCH’s outstanding shares.
Luxor Capital Group amends 13D in RCS Capital Corporation
According to Luxor Capital Group’s latest 13D filings, the fund increased its stake in RCS Capital Corp. (RCAP) by more than 2.1 million shares.
Point72 increases its position in Walter Investment Management
Walter Investment Management is a fee-based services provider to the residential mortgage industry.
Point72 Asset Management increases its position in RCS Capital
In November, RCS Capital terminated a $700 million deal to acquire Cole Capital from ARCP. The companies announced the deal prior to ARCP’s disclosure of accounting errors.
Point72 Asset Management begins position in Jones Energy
Jones Energy is an independent oil and gas company engaged in the exploration, development, production, and acquisition of oil and natural gas properties.
ARCP’s Cole Capital acquisition ended due to accounting issue
In November, RCS Capital terminated a $700 million deal to acquire Cole Capital from ARCP.
Overview of ARCP’s private capital management business
ARCP owns aggregate equity investments of $3.9 million in publicly registered, non-traded REITs.
Luxor Capital ups position in Altisource Asset Management
Altisource Asset Management’s primary business is to provide asset management and certain corporate governance services to institutional investors.
Luxor Capital raises stake in Altisource Portfolio Solutions
Altisource Portfolio Solutions and its subsidiaries are a premier marketplace and transaction solutions provider for the real estate, mortgage, and consumer debt industries.
Luxor Capital adds to position in BJ’s Restaurants
In 3Q14, BJ’s total revenues increased 9.7% to $206.5 million and net income rose 77.7% to $6.5 million.
Luxor Capital ups stake in RCS Capital
RCAP, which has a ~$1.24 billion market cap, is an investment firm that focuses on the retail investor.
Luxor Capital adds new position in Orbitz Worldwide
Orbitz net revenue rose 10% year-over-year to $248.1 million in 2Q14 as a result of higher hotel, vacation package, car, and air transaction volume.
Christian Leone’s Luxor Capital adds a new position in Yahoo
Recently, Yahoo shares went higher after third quarter earnings and revenue beat analyst estimates. Third quarter profit rose to $6.77 billion.
Luxor starts new position in Melco Crown Entertainment
Melco’s net revenue for the second quarter of 2014 was $1.19 billion, down approximately 7% year-over-year.
Luxor Capital’s new positions in 2Q14
As of the end of 2Q14, Luxor Capital’s U.S. long portfolio was worth $5 billion, slightly down from $5.07 billion in 1Q14.