{"id":8615,"date":"2008-09-16T00:00:00","date_gmt":"2008-09-16T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"harbinger-says-its-not-dumping-times-media-general","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/harbinger-says-its-not-dumping-times-media-general.html","title":{"rendered":"Harbinger says it&#8217;s not dumping Times, Media General"},"content":{"rendered":"<p>Reuters &#8211; Hedge fund Harbinger Capital Partners  said it is not pulling out of high-profile investments like The  New York Times Co. and Media General Inc.,  seeking to quell market rumors after their share prices dropped  sharply on Monday.       <\/p>\n<p> Philip Falcone, who runs the hedge fund, told Reuters that  investors would be mistaken if they thought selling by  Harbinger was behind the double-digit percentage declines in  stocks it holds, including the Times, Media General Inc., Cablevision Systems Corp, Cleveland-Cliffs Inc. and Calpine Corp.<a href=\"http:\/\/reuters.socialpicks.com\/stock\/r\/CPN\"><br \/><\/a><\/p>\n<p> &quot;People are speculating as to what we&#8217;re doing and why  we&#8217;re doing it, but the reality is different from what they  think,&quot; Falcone, Harbinger&#8217;s senior managing director, said in  a phone interview.<\/p>\n<p> He said that while their main fund&#8217;s composition has  changed since its most recent 13 F regulatory filing with the  U.S. Securities and Exchange Commission on August 13, Harbinger  remained bullish on its investments.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/ousiv\/idUSN1529603920080915\" target=\"_self\">Read Complete Article<\/a>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Hedge fund Harbinger Capital Partners said it is not pulling out of high-profile investments like The New York Times Co. and Media General Inc., seeking to quell market rumors after their share prices dropped sharply on Monday. Philip [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[769,2293,1801,1860,1132,2680,117,2294,2681,107,20,2683,2536,887,1337,2682,886,699],"class_list":["post-8615","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-ashe","tag-city-government","tag-coalminer","tag-computer-screen","tag-executive-suite","tag-good-management","tag-investment-arm","tag-james-dolan","tag-maguire-properties-inc","tag-mistrust","tag-new-marketplace","tag-nrg-energy","tag-palm-beach-county","tag-roller-coaster","tag-south-korean","tag-station-operator","tag-takeover","tag-volatility"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8615"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8615\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}