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Soros' Holdings Increase, Takes Stake In Ford

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boomerbust (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Tue Nov-17-09 09:17 AM
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Soros' Holdings Increase, Takes Stake In Ford
Source: Reuters

BOSTON (Reuters) - Billionaire investor George Soros' hedge fund reported holdings of $6.2 billion during the third quarter, an increase of $2 billion, after taking a stake in automaker Ford and boosting his holdings in communications services stocks.

According to a regulatory filing on Monday Soros Fund Management took a 7.3 million stake in Ford Motor Co during the third quarter that is valued at $53 million.

Soros also raised his holdings of AT&T to 4.2 million shares at the end of the third quarter, from 791,000, while he raised his stake in Verizon to 4.6 million shares, from 594,853 in the second quarter.



Read more: http://news.moneycentral.msn.com/ticker/article.aspx?Fe...
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   9:00 AM this morning  boomerbust   Nov-17-09 10:06 AM   #1 
 
boomerbust (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Tue Nov-17-09 10:06 AM
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1. 9:00 AM this morning
Ford shares trading at $9 a share. 52 week low $1.01 a share.
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