While Macy’s and other prominent retailers struggle, discount and grocery chains are expanding, despite growing pressure from Amazon.
David Einhorn saw his firm take a 20 percent loss last year. But a handful of shorts — Athenahealth, Netflix, Pioneer Natural Resources and Tesla — delivered big in January.
As the strategy has evolved, some activist managers are concerned about straying from its purpose.
The controversial real estate developer doesn’t appear to have dimmed his presidential hopes by repeatedly insulting Mexicans.
Chinese loan data for July falls; Bank of England Governor Carney hit with barrage of questions on the end of loose policy.
JP Morgan Chase’s unit is selling Holyoke Mall’s $215 million mortgage.