“Spin-offs are an interesting place to look because there’s a natural constituency of sellers and there’s not a natural constituency of buyers” – Seth Klarman Spin-offs always attract value... Read More

Bank earnings rose sharply in the fourth quarter, the 17th straight quarterly year-over-year increase and showing strong a string of profitability since 2009. Banks' fourth quarter net up staggering $40.3... Read More

If you believe everything you hear on the Internet, some might say you get what you deserve.  The same could be true of an Internet rumor being spread that... Read More

In 2016, Michael J. Mauboussin completed his 30th year on Wall Street. The analyst, who was working at Credit Suisse at the time, decided to celebrate by reflecting on... Read More

Howard Marks is the founder of Oaktree Capital and a highly regarded value investor. Known for his regular memos, which cover everything from bitcoin to the current level of... Read More

Natixis SA (EPA:KN) (OTCMKTS:NTXFY) believe the most worrying development in the French economy is the long-run decline in corporate profitability. An extrapolation of the trend leads fairly rapidly to an unsustainable low... Read More

As weather phenomena turn the seasons upside down to various degrees -- with an outlook for a cold 2016 winter in the east and colder weather in the south... Read More

Every morning the Street of Walls team puts out an update on market levels, today’s top stories, and active M&A deals. Today’s Top Stories: Overall M&A: Annualized using the run rate through July... Read More

Carson Block, who shot into fame after challenging the accounting practices of a number of Chinese companies, launched a hedge fund investment firm with $100 million from one investor. Block,... Read More

Shares of expansion-minded Markit Ltd continued to race higher Tuesday in the wake of an acquisition by U.S.-based IHS Inc., which agreed to acquire the data and business research provider... Read More