Best Buy Co., Inc. (NYSE:BBY) has announced that its price matching guarantee will extend beyond special offers. The big box store has promised to match prices from brick and mortar stores as well as nineteen online retailers. The development has been received well on the market. This moves comes after a turbulent period in which the company lost two of its directors.
Barclays analysts Dennis Jose, Joao Toniato, Hajime Kitano and Barry Knapp take a look at the global equity scenario and prefer to look beyond the U.S. for opportunities. Specifically, they... Read More
A Securities and Exchange Commission judge said on Wednesday that she will restart administrative proceedings against hedge fund billionaire Steven Cohen following prosecutors' withdrawing their request for a two-year... Read More
Actively managed hedge funds have a performance problem, fund manager Seth Klarman noted in a letter to investors first reported by Andrew Ross Sorkin in The New York Times.... Read More
The internal pension fund manager at Intel Corporation breached its fiduciary responsibility by investing in “risky and high-cost” hedge funds, a former Intel employee is charging in a lawsuit. The... Read More
Archer Daniels Midland Company (NYSE:ADM) received a Neutral rating from Citi following its Graincorp Ltd (ASX:GNC) (OTCMKTS:GRCLF) dea'sl rejection by the Australian government. David Driscoll of Citi doesn’t believe ADM would... Read More
With low volatility, some investors think this market environment is like a calm before the storm. This is a significant issue among investors to whom Bernstein speaks. What is... Read More
After reporting a positive performance for January, Crispin Odey’s Odey International Fund resumed its downward trend in February losing 3.1%. After this loss year-to-date the fund is down 1.1%... Read More
Analysts Brad Hintz, Luke Montgomery and Anojja Shah of Bernstein Research examine the outlook for capital market banks in general, and Morgan Stanley (NYSE:MS), Goldman Sachs Group Inc (NYSE:GS)... Read More
Apparently J.C. Penney Company, Inc. (NYSE:JCP) is not the only one in the retail sector that is facing heat. It seems to be an all around difficult time for... Read More
The Royal Bank of Scotland Group plc (NYSE:RBS) (LON:RBS) plans to shut down its riskier investment-banking businesses, according to a report published by Financial Times. Royal Bank of Scotland Group... Read More
