NEW YORK (Reuters) - A highly anticipated hedge-fund conference on Wednesday where managers are invited to share their "best ideas" with investors fell flat on that score.
NEW YORK (Reuters) - Jeffrey Gundlach, one of the world's most widely watched credit investors, recommended betting against computer company Apple Inc, retailer Nordstrom Inc and the main U.S. stock index, the Standard & Poor's 500.
Flash-sale websites such as Gilt Groupe and Ru La La were hailed as disruptors in the ecommerce space, but recently there’s been a bit of a disruption in their success story, prompting some to wonder if flash-sale sites are more of a marketing gimmick than a sustainable business model... Read More
April’s weak same-store sales may be due to several seasonal factors, but analysts warn the reports could be a wake-up call for investors to be more selective on the heels of the sector's recent rally... Read More