Calling Italy's banks among the 10 weakest globally, Moody’s has cut its outlook on the European nation’s financial institutions to negative, from stable. The outlook shift follows a change in Italy's sovereign outlook to negative after Italians rejected constitutional reforms in a referendum earlier this month, causing political uncertainty.
Whitney Tilson's latest letter to investors, which was reviewed by ValueWalk, can be found below.
The Kase Fund was up 5.4% in October vs. 4.6% for the S&P 500 and... read more
Key corporate executives such as JPMorgan Chase & Co. (NYSE:JPM)'s Jamie Dimon are not legally required to tell the public or shareholders if they have taken ill. But how... read more
Hedge funds that performed positively during a rough third quarter of 2015 were relative value strategies and CTAs, posting slight gains, while equity and event driven strategies, positive in the... read more
20 Years of Data in EBRI/ICI Database Permit Novel Analysis
WASHINGTON—The asset allocations of 401(k) retirement plan savers in their 20s at the end of 2015 differed significantly from the... read more
WASHINGTON DC – Wal-Mart Stores, Inc. (NYSE:WMT) workers walked off the job at three Washington DC area stores today, calling on Walmart to end its illegal retaliation against workers calling... read more
SocGen is out with a lengthy report titled Global Economic Outlook: Looking under the hood of recovery. In the report there is an interesting tidbit on black swan risks.... read more
Market observers who want to keep track of the activist investor game now have a handy scorecard that tracks their success and failure in an entertaining and informative fashion.
Most... read more
Highfields Capital is preparing to wind down its portfolio and become a family office. Founder Jonathon Jacobson made the announcement in the firm's latest letter to investors, which was... read more
FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that traders at Knight Capital Group Inc. (NYSE:KCG) are making calls for jobs elsewhere as the stock hits new lows and the... read more
Japan reported a 2.3% contraction in its economy during the fourth quarter. This comes as the third contraction in the last four quarters, a worrisome sign for its... read more
