Congressional Democrats assist billionaire hedge-fund manager in Wall Street feud by Josh Kaib and Will Swaim of Watchdog.org / Franklin Center
Two years ago, billionaire hedge-fund manager William Ackman announced boldly — from a stage in a Manhattan conference center — that his Pershing Square Capital Management had taken a $1 billion short position on publicly traded Herbalife Ltd. (NYSE:HLF), the Los Angeles-based maker of nutrition products.
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Notes from Karin Klein, Beta Deborah Quazzo, Gary S. Pinkus, Carol E. Reiley and Shelley Zalis presentation at the 2019 SALT Conference called “How Machine Learning Will Drive The Future... Read More
Warren Buffett was sending mixed messages Tuesday. While expressing dissatisfaction with the “excessive” The Coca-Cola Company (NYSE:KO) executive compensation program, Buffett chose to sit on his hands when it came... Read More
Dow Jones Index Injected With EPO And Growth Hormones Again by Wim Grommen
It is becoming more and more meaningless to compare the performance of the Dow 30 from one period to... Read More
Continued from part one….
After a brief discussion on the level of the market -- all three traders agreed that the market was overvalued and expensive -- the panel then... Read More
The biggest player of the pharmaceutical industry, GlaxoSmithKline plc (NYSE:GSK), makes the biggest settlement of healthcare fraud in US trial history. This brings an end to a long-running case against the... Read More
Analysts continue to weigh in on the Johnson-Crapo proposal for Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) reform... Read More
Every production phase or civilization or other human invention goes through a so called transformation process. Transitions are social transformation processes that cover at least one generation. In this... Read More
Every morning we put out a report with the latest on global stock markets, company news, and global economic news.
Morning Market Update
Market Levels
US: Dow Futures: 12477.00 (-0.30%), S&P... Read More
The US Treasury Department overnight published a new list of both Russian individuals and firms sanctioned for their involvement in the Ukrainian-Russian conflict.
Source: Pixabay
More Russian companies added to the... Read More
Visium Asset Management LP, the $8 billion New York-based healthcare hedge fund spin-off from Balyasny Asset Management operated by Dr. Jacob Gottlieb, is being investigated, according to a letter to investors... Read More
