UPDATE: Morgan Stanley Upgrades American International Group (AIG) to Overweight, PT to $72; 'Strong New CEO, Attractive Valution'

Paulson's 13F Shows New Stake in Brookdale (BKD), Dish (DISH), Maintains SPDR Gold (GLD), Increases NXPI (NXPI) (More...)

Paulson and Co released its 13F for the quarter ending March 31, 2017. Below is a summary.

New Stakes
Amazon.com Inc (NASDAQ: AMZN) new 5,500 share position
Arconic (NYSE: ARNC) new 983,300 share position
Ares Capital Corporation (NASDAQ: ARCC) new 1 share position
ATLASSIAN (NASDAQ: TEAM) new 157,415 share position
BROOKDALE SENIOR LIVING, Inc. (NYSE: BKD) new 5,041,500 share position
Concert Pharma (NASDAQ: CNCE) new 70,229 share position
CRISPR Therapeutics (NASDAQ: CRSP) new 50,500 share position
DISH Network Corp.... More

Carl Icahn Liquidates Nuance (NUAN), Allergan (AGN); Adds Modestly to Herbalife (HLF) and Navistar (NAV) - 13F

Carl Icahn released its 13F for the quarter ended March 31, 2017. Below is a summary:

Raised Stakes
HERBALIFE LTD. (NYSE: HLF) raised from 22,500,000 shares to 22,872,324 shares
ICAHN ENT DEP UTS (NASDAQ: IEP) raised from 129,999,050 shares to 140,524,155 shares
NAVISTAR INTERNATIONAL (NYSE:... More

Omega Advisors' 13F Shows New Stakes Tri Pointe Homes (TPH), WPX Energy (WPX), Decrease in Harbinger (HRG), Pandora (P) (More ...)

Leon G. Cooperman's Omega Advisors filed its 13F for the quarter ending March 31, 2017. Below is a summary.

New Stakes
Alcoa Inc (NYSE: AA) new 200,000 share position
ALLY FINANCIAL, Inc. (NYSE: ALLY) new 790,000 share position
AMC NETWORKS-A (NASDAQ: AMCX) new 832,485 share position
Athene Holding (NYSE: ATH) new 150,000 share position
CHENIERE ENERGY, Inc. (NYSE: LNG) new 50,000 share position
Cliffs Natural Resources (NYSE: CLF) new 1,000,000 share position
COUSINS PROPERTIES, Inc. (NYSE: CUZ) new 500,000... More

AIG lures industry veteran Duperreault as CEO with sweet package

By Suzanne Barlyn

NEW YORK (Reuters) - American International Group Inc (NYSE: AIG) on Monday named an insurance industry veteran as its new chief executive officer, luring him from the firm he started with a lucrative financial package that includes buying a big piece of his company.

In hiring Brian Duperreault, who is 70, AIG is giving into the demands of billionaire investor Carl Icahn, AIG's fourth largest shareholder, who has been pushing for changes at the insurer.

Duperreault's appointment caps more than two months of uncertainty for shareholders after... More

AIG (AIG) volatility low into company hosted investor meeting

AIG (NYSE: AIG) May and June call option implied volatility is at 16 compared to its 52-week range of 14 to 33 into company hosted investor meeting today.

AIG (AIG) Appoints Brian Duperreault as CEO

American International Group, Inc. (NYSE: AIG) announced today the appointment of Brian Duperreault as President, Chief Executive Officer and Director effective May 14, 2017. Mr. Duperreault has resigned as Chairman and Chief Executive Officer of Hamilton Insurance Group (Hamilton). Peter D. Hancock resigned as President, Chief Executive Officer and Director concurrent with Mr. Duperreaults appointment.

Douglas M. Steenland, AIG's Chairman of the Board, said: Brian is uniquely qualified to lead AIG at this important time. Brian has spent his entire career in insurance. He worked for AIG for 21 years at the... More

Baupost Group 13F Shows New Stakes in Qualcomm (QCOM), Qorvo (QRVO), Express Scripts (ESRX) (More...)

Seth Klarman's Baupost Group, L.L.C. hedge fund released its 13F for the quarter ended March 31, 2017. Below is a summary:

New Stakes
Colony NorthStar, Inc. (NYSE: CLNS) new 47,905,461 share position
Express Scripts (NASDAQ: ESRX) new 1,228,619 share position
Qorvo (NASDAQ: QRVO) new 7,185,514 share position
QUALCOMM Inc. (NASDAQ: QCOM) new 5,216,000 share position

Raised Stakes
Cascade Corp. (NASDAQ: CASC) raised from 4,166,666 shares to 8,721,079 shares
Forward Pharma... More