Posted by Todd Shriber at 11:45AM on July 14th
As part of a broader trend of hedge funds investing in non-traditional assets, Boston-based Baupost Group is investing in a massive quarry in Canada, but finding some controversy along the way. The proposed limestone quarry faces a potentially lengthy approval…
Posted by Max Magee at 8:52AM on November 13th
Though typically described as a value investor, Seth Klarman’s strategy – and his remarkable track record – are difficult to define.
Klarman has been in the news recently for his participation in commercial lender CIT Group’s (OTC: CITGQ) unsuccessful attempt to…
Posted by Max Magee at 11:29AM on June 10th
Shuffle Master (NADSAQ: SHFL) earnings drove casino equipment stocks on Wednesday.
Shares of Las Vegas-based Shuffle Master are up by more than 20% today after the company beat estimates with a 50% jump in second-quarter profit. In the three months ended April…
Posted by Max Magee at 11:19AM on April 22nd
WMS Industries (WMS) earnings gave the slot machine industry a boost on Wednesday.
WMS reported profits of $24.4 million, or 43 cents per share, in its third fiscal quarter. Earnings were up 30% from the same period last year, when the company…
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