Oct 14, 2018 | Investments
Another week, another hedge fund closure. Tourbillon Capital Partners, announced that it is closing his main fund after losses, acknowledging what many knew already – that the hedge fund model is broken. Tourbillion plans to return the more than $1 billion to...
Oct 7, 2018 | Investments
General Electric Co. (GE), whose performance, both from a profit and stock price standpoint, has been dismal over the past decade, announced that its new boss could receive $21.3 million in annual compensation and earn shares worth more than $200 million — but...
Sep 30, 2018 | Investments
Corporate results are one of the key indicators of economic growth. But, after consecutive quarters of near-record profit growth, companies are starting to lower expectations. With third-quarter earnings coming up in the next few weeks, US companies are cutting their...
Sep 23, 2018 | Investments
There are stocks that are listed and trade on the main exchanges and then, there are Pink Sheets stocks or Penny stocks. These are speculative stocks that should legitimately represent a share of ownership in a company that is not yet list on public exchange. Pink...
Sep 9, 2018 | Investments
By now, almost everyone has heard the latest in a series of weird behaviors from Tesla’s CEO, Elon Musk. Earlier this week, he went on a video podcast to discuss technology and ended up taking a “hit” i.e. smoked a joint violating very publicly the rules that he...
Aug 26, 2018 | Investments
The worst kept secret in retailing is that Sears is going under and will eventually be relegated to the history books. Earlier this week, Sears Holdings Corp. provided a list of 46 unprofitable stores, across 28 states, that it will close in November. The number...
