Wall Street Weekahead: Main Street leans toward Sanders, but Wall Street says Trump
Vermont Senator Bernie Sanders may be surging in the polls ahead of Super Tuesday, but some on Wall Street have made their own conclusions on...
Citron’s Andrew Left closes Wayfair short bet after long wait
This week’s sharp stock sell-off helped activist short-seller Andrew Left profitably close a long-held bet against online retailer Wayfair on Friday....
Corona beer maker says U.S. sales remain strong despite virus outbreak
Corona beer maker Constellation Brands Inc said on Friday sales of its Corona Extra beer remained strong in the United States in the four weeks...
Central banks may mount a coronavirus rescue. It may not be enough
Cratering markets are pushing global central banks to the point they all warned against and worried about, of an evolving global economic shock hitting at...
Activist investor Robbins shutting hedge fund to pursue other things
Activist investor Clifton S. Robbins told clients on Friday that he is shuttering his Blue Harbour Group not because investors want their money back or...
S&P 500 drops for seventh day, posts biggest weekly fall since 2008 crisis
The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial...
Sanofi to pay $11.9 million to resolve U.S. drug kickback probe
Sanofi SA has agreed to pay nearly $11.9 million to resolve allegations that it used a charity that helps Medicare patients cover out-of-pocket drug costs...
As stocks plunge on coronavirus, hedge funds can brag: ‘we’re down less!’
This week’s stock market plunge on coronavirus worries has given hedge fund managers a rare opportunity to brag that they are performing better than traditional...
Oil prices sink to lowest in over a year, biggest weekly drop since 2016
Oil prices slumped for a sixth day in a row on Friday to their lowest in more than a year, causing futures to drop by...
Wall Street losses broaden with no clarity on coronavirus impact
Wall Street’s main indexes tumbled for the seventh straight day and were on track for their biggest weekly dip since the 2008 global financial crisis...