Hedge fund billionaire Daniel Loeb has been in the news recently for targeting Sotheby’s CEO William Ruprecht, who has grown revenue steadily during his thirteen year tenure. However, according to an email published at The Gallerist, that’s not the only art company he has been pressuring recently.
The bond market in the United States, whether sovereign or corporate, isn't worth getting into. Yields have collapsed under pressure of quantitative easing, and fixed income investors are left... read more
A 13D filing by Bruce Berkowitz and Fairholme Capital yesterday reveals their withdrawal from the deal to finance $400 million to embattled retailer Sears Holdings Corp (NASDAQ:SHLD) announced earlier... read more
Australian Housing Bubble manageable? Maybe says one of the largest banks
On the back of currency flexibility, Australia would post 2.6% in 2017 and 3.2% in 2018, surpassing Netherlands' 25-year... read more
Pace - Stock Analysis by Bargain Value
The last stock from our list is Pace (PIC), the company from the “Technology Hardware & Equipment” industry. It is involved mainly in telecommunication... read more
Once one of the hottest hedge fund long positions, many managers have thrown in the towel on GM - amid woes related to safety issues - but do not... read more
Healthcare reform was mainly intended to benefit people who don’t have a health care plan under their employer, and who don’t qualify for other forms of assistance, so most... read more
Symons Capital Management On Their New Small-Cap Value Fund
This is part one of a multi-part interview with Michael Czajka Chief Executive Officer of Symons Capital Management. The interview is... read more
Even though economic growth was weak last quarter (and negative in the US), Rothschild Wealth Management is bullish on global economic growth and believes that developed economies should continue... read more
Louis Bacon court fight gets heated: The high profile if vicious fight between Moore Capital Management founder Louis Bacon and clothing entrepreneur Peter Nygard has taken a dramatic turn... read more
California Urges Complicated Coal Divestment By Tom Gray, Lauren Kline & Frank Nash - FactSet
Earlier this year, California's Insurance Commissioner Dave Jones requested that insurance companies in the state... read more