13 August, 2014 by The TZ Newswire Staff Comments Off on Bill Ackman On Why Using Debt To Buyback Stock Is Great And Much More: Full Q2 Investor Letter
Bill Ackman On Why Using Debt To Buyback Stock Is Great And Much More: Full Q2 Investor Letter
Now that everyone is finally focusing on the strategy of bloating any available company with massive leverage in order to use the proceeds to either buyback stock or engage in “synergy-creating” M&A (leading to countless pink slips), which is affectionately known as “activism“, here is Bill Ackman’s latest, Q2, letter with his take on this topic of how massive leverage which is great for shareholders now, but a disaster waiting to happen for employees and bondholders in the future as soon as rates rise, is the greatest thing since sliced bread.
13 August, 2014 by The TZ Newswire Staff Comments Off on Midday Movers: AOL, US Steel, Tata Motors and more
Midday Movers: AOL, US Steel, Tata Motors and more
Take a look at some of Wednesday’s midday movers:
13 August, 2014 by The TZ Newswire Staff Comments Off on 4 companies that make hot takeover targets: Pros
4 companies that make hot takeover targets: Pros
The best bet for companies to achieve growth is consolidation, the “Fast Money” pros say.
13 August, 2014 by The TZ Newswire Staff Comments Off on Counterfeit coffee: You’re drinking sticks and dirt
Counterfeit coffee: You’re drinking sticks and dirt
Some unwanted ingredients are now being added to it and most consumers are none the wiser, The Fiscal Times reports.
13 August, 2014 by The TZ Newswire Staff Comments Off on Short sellers betting against biotech
Short sellers betting against biotech
The bets against smaller biotech firms are usually stock specific, but the industry offers unique opportunities for short sellers.
13 August, 2014 by The TZ Newswire Staff Comments Off on Stocks Extend Gains, GrubHub Jumps, Parsley Reverses
Stocks Extend Gains, GrubHub Jumps, Parsley Reverses
Stocks pushed to fresh session highs near Wednesday’s midpoint as investors shrugged off lackluster retail sales data. Thanks to strength in solar, biotechs and online retail, the Nasdaq rallied 0.9% to its best levels since July 31. The S&P 500 climbed 0.7%, and the Dow Jones industrial average rose 0.6%. Volume was running mixed in the stock market today. NYSE trade was tracking about 3% higher, while Nasdaq volume ran around 3% lower.
13 August, 2014 by The TZ Newswire Staff Comments Off on Market Catalyst? East Ukraine Rebel Leader Strelkov "Gravely Injured" According To A Russian Media Report; Promptly Denied As Fake
Market Catalyst? East Ukraine Rebel Leader Strelkov "Gravely Injured" According To A Russian Media Report; Promptly Denied As Fake
Moments after the tragic news that Brazil’s presidential candidate Eduardo Campos died in a plane crash, Russian Itar-Tass reported, citing press agency Novorossya, that another prominent public figure, this time the leader of the Donetsk rebels and the minister of defense of the Donetsk People’s Republic has been “seriously injured.”