The Dutch conglomerate Koninklijke Philips NV (ADR) (NYSE:PHG) (AMS:PHIA) is splitting off its lighting business in a bold move to enhance its higher-margin healthcare and consumer divisions. Juiced by the... Read More

Even before the Greek stock market started tanking this week (it’s down another 7.35% today), it was one of the cheapest markets on the planet by nearly every fundamental... Read More

  Kleinheinz Capital Management, a fund with close to $1.8 billion in assets under management, had a positive in June with a gain of 1.34% (and a negative 1.35% year... Read More

Global Return Asset Management performance update for the month of August 2019. Q2 hedge fund letters, conference, scoops etc Dear Friends and Partners, In August we generated a net return of 3.3%,... Read More

Reports from the SEC and FINRA on cybersecurity in the finance industry show varied levels of preparedness and the potential for big, unforced errors Two reports on cybersecurity in the... Read More

Despite a recent slump in the markets, the U.S. economy is still putting up strong numbers. Unemployment is at its lowest point since the 1960s, and the U.S. manufacturing... Read More

Source: Pixabay You must have heard about huge pre-orders and bookings for Harry Potter books in the good old magical times. Fans were desperate to get their hands on their... Read More

“Fund Flow Insights – Alert, Best Equity Inflows Since 2004,” a research note by the Citi Global Strategy Team, says the year gone by was notable for some high... Read More

Earlier, we reported that Bill Ackman's Pershing Square was suing Allergan, Inc. (NYSE:AGN) for its rejection of a bid by Valeant Pharmaceuticals Intl Inc (NYSE:VRX) (TSE:VRX) to buy the company. Below... Read More

Sahm Adrangi is the managing partner of Kerrisdale Capital Management, a New York-based, fundamentally-oriented investment manager that manages $265 million and focuses on long-term value investments and event-driven special... Read More