Hedge Fund News From HedgeCo.Net


Two More Hedge Funds Scoop Up Stakes in J.C. Penney

Dealbook – The hedge funds Glenview Capital Management and Hayman Capital Management have swooped in on J.C. Penney shares, joining a list of hedge funds that have disclosed bullish views on the struggling retailer.

Glenview said it has a 9.1 percent stake in the retailer, while J. Kyle Bass, the outspoken Texas hedge fund manager, said that his fund, Hayman Capital, has accumulated a 5.2 percent stake. The stakes were disclosed in filings with the Securities and Exchange Commission.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>