Major Tesla shareholders trimmed stakes last quarter: filings

Two major Tesla Inc shareholders cut their stakes in the electric automaker during the second quarter, before Chief Executive Elon Musk announced he would try to take the company private earlier this month.

Ackman's Pershing Square trimmed ADP stake in second-quarter: filing

William Ackman's Pershing Square Capital Management trimmed its stake in Automatic Data Processing by selling 3.7 million common shares in the second quarter, a regulatory filing on Tuesday showed.

Berkshire boosts Goldman, Teva stakes; buys more Apple

Warren Buffett's Berkshire Hathaway Inc boosted its investments in Goldman Sachs Group Inc and Israel's Teva Pharmaceutical Industries Ltd during the second quarter and confirmed it has expanded its already huge bet on iPhone maker Apple Inc .

Activist Starboard Value halves its stake in Newell: filing

Hedge fund Starboard Value said on Tuesday that it sold half of its stake in consumer products company Newell Brands, whose chief executive officer it sought to replace, about four months after ending its proxy contest.

U.S. hedge funds bet on retail, tech in second-quarter as economy sizzled

Prominent hedge fund managers appeared to make big second-quarter bets that the U.S. economy would continue to expand despite increasing concerns about a broadening trade dispute between the United States and China, regulatory filings showed Tuesday.

Keeping Tesla shares may not be an option for some big funds

Elon Musk wants to take Tesla Inc private, but some of his big investors may not be able to follow.

Major Tesla owner Fidelity trimmed stake last quarter: SEC filing

Major Tesla Inc shareholder, Fidelity Investments, cut its stake in the electric automaker by 21 percent during the second quarter, before Chief Executive Elon Musk announced his plan to take the company private earlier this month.

Citigroup shakes up consumer bank and card chief leaves

Citigroup Inc restructured its consumer bank on Monday, elevating one executive and triggering the departure of another, as the third-biggest U.S. bank moved to improve results.

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