Neiman Marcus is in advanced talks to sell to a consortium of Ares Management LLC and a Canadian pension plan for about $6 billion. Michael J. De La Merced of Dealbook... Read More

Chris McIntyre's McIntyre Partnerships seems to be holding up relatively well in the current market. The firm returned 1% in the first quarter and lost just 5.7% in the... Read More

American International Group Inc (NYSE:AIG) released its earnings numbers for the three months through March on Monday afternoon after the bell rang in New York. The company showed earnings... Read More

Jamie Dimon, top executive at JP Morgan (NYSE:JPM) caused a stir last month when he declared “I’ll make you a bet he (Warren Buffet) pays his top 20 or 30 people... Read More

Monitoring Morningstar fund flows, a Credit Suisse research piece notes increasing volatility where, on a year over year basis, healthcare has benefited while value might be found in industrials,... Read More

During January, the Roubaix Composite generated a net return of +7.51% relative to a total return of +4.24% for the HFRI Equity Hedge (Total) Index and +9.75% for the... Read More

Och-Ziff Capital Management Group LLC (NYSE:OZM) said in a Form 8K filing dated March 14 that it will restate certain financial statements following a periodic review by SEC staff. The... Read More

The proposed move to reconsider Supplementary Leverage Ratio (SLR) would largely benefit large banks, points out Rafferty Capital Markets, LLC. Richard X. Bove of Rafferty notes that the proposal would... Read More

“EM turmoil,”  “Fragile Five,” “current account deficits,”  “global imbalances,” are some of the terms that have become more commonplace in our daily lexicon during the past few days of... Read More

China is in the midst of a property bubble fueled by a shadow banking system and local political corruption. The meeting of crises will, according to some of the... Read More