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By Greg Roumeliotis (Reuters) – Blackstone Group LP , the world's largest alternative asset manager, on Thursday reported lower-than-expected third-quarter earnings, but said it was well positioned to profit from market jitters and put more of its $42.3 billion in undrawn investor capital to work. As markets rallied … Read entire story.
The euro crisis is a crisis of Europe, not of European countries. It is not a conflict between Germany and Spain (and I use these two countries to represent every European country on one side or the other of the boom) about who should be deemed irresponsible, and so should …
Among the companies whose shares are expected to see active trade in Friday’s session are Oracle, Smith & Wesson, and Family Dollar.
For the most part, economic data has not been stellar. Those who are bearish on this economy continue to point out how we are overvalued on every metric. Unfortunately for those who continue to fight this market have been bitten pretty hard. We had a decent rebound after the past …