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Bloomberg Markets Magazine Names Glenview Capital Top 2013 Hedge Fund
Wednesday, January 8, 2014 - 7:18am | 614Bloomberg Markets Magazine February edition reported that only 16 large hedge funds – those with more than $1 billion in assets – surpassed the Standard & Poor’s 500 index for the first 10 months of 2013. The S&P gained 25.3 percent, with dividends reinvested. Of the 16 hedge funds that...
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Signs Pointing Toward Another Santa Claus Rally In 2013
Monday, December 23, 2013 - 11:14am | 709There has been debate this year, as always, about whether a ‘Santa Claus rally’ would happen. In fact, the seasonal anomaly in which abnormally positive returns take place in the market during the month of December has happened 80 percent of the time over the past 20 years. This year, some...
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Looming Lawsuit & Zuckerberg Stock Sale Cause Drop In Facebook Shares
Thursday, December 19, 2013 - 10:36am | 547Two recent news stories about Facebook (NASDAQ: FB) continued to unfold Thursday as company shares slid up to 5.3 percent in premarket trading. Closing price Wednesday was $55.57 per share. The first story, reported by Reuters late Wednesday, was that CEO Mark Zuckerberg and a number of banks...
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New York Snub Limits University Of Phoenix Growth
Tuesday, January 19, 2010 - 6:14pm | 259Apollo Group Inc. (Nasdaq: APOL) owns the for-profit University of Phoenix, which operates in 29 of the 30 most populous states. Apollo describes University of Phoenix as "the nation’s largest regionally accredited private university." However, despite years of trying the university has failed to...