His hedge fund Baupost Group has meanwhile sold News Corp. and Oracle.
The group just seems right for rotation and appreciation.
Much reviled -- and still rejected by investors -- the oil giant now offers the potential for higher reward than rivals such as Exxon.
Count on oil and natural gas prices to remain under price pressure in the foreseeable future.
US markets set to open unchanged as the Federal Reserve is to begin its 2-day policy meeting.
Here's how to find some winners, as oil companies turn their focus to the Gulf of Mexico.
Elan is upgraded to 'market perform,' and Affymax is downgraded to 'neutral.'
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