Carl Icahn has generated one of the best long-term investment track records in history, but he has also made a lot of powerful enemies over the years. Now the prominent short-selling firm, Hindenburg, is targeting Icahn and his company. Here's why we are keeping IEP in our model portfolio.
In light of the past week’s extraordinary market events, we’re releasing this “state of the markets” briefing.
In today's special edition of Something You Don't Know, you'll find an important briefing from credit analyst and author Martin Fridson, who leads Porter & Co.’s Distressed Investing team.
Norfolk Southern is the latest poster child for the pitfalls of financial engineering. Years of reckless cost cutting and debt-fueled buybacks, at the expense of infrastructure upgrades, have caused an ecological disaster.
Every once in a while, a financial panic or deep recession provides the rare chance to buy quality merchandise at fire-sale prices. The time isn't now, but it's coming.
Last week, Qatar signed a deal to supply Germany with liquefied natural gas equivalent to around 6% of total pre-invasion German demand. And that was just a side dish compared to a deal sealed the previous week.
Cheap money is grounding flights all over America – and that’s just the beginning.
Homebuilders have reported fewer new construction starts every month since March. That’s the longest stretch of declines since the housing crisis of 2007. And homebuyers have even begun walking away from their deposits – cancellations are above 15% for the second consecutive month.