Following the resignation of Yahoo Chief Executive Scott Thompson under the ‘Resume-gate’ pressure applied by Dan Loeb, investors see a share buyback in short order and then a more difficult value-creation process ending in the sale of its Asian assets & an eventual merger, possibly by former suitor Microsoft. Read More
Joel Greenblatt of Gotham Asset Management literally wrote the book on value investing. And on Halftime he revealed 5 stocks he considers undervalued. Read More
The author writes, "Super-managers...are so sure of their will and skill to succeed that they can’t see what they don’t know, and refuse to accept that some forces are beyond their control." Read More
Wounded cellphone maker Nokia has turned on one of its former allies in the patent protection battlefield by filing lawsuits against rival smartphone maker HTC as it steps up its efforts to raise funds. Read More