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How 3 stocks decimated David Einhorn's investment performance

2016-01-23 16:43:37| Semiconductors - Topix.net

His performance was so bad that it prompted one of his kids to give him some brutal investment advice : "Dad, why don't you just short your longs and long your shorts?" Greenlight's portfolio had very few winners. To make matters worse, the fund's worst-performing investments - Consol Energy , Micron Technology , and SunEdison - Consol fell more than 77% over the course of 2015, while Micron fell more than 59% and SunEdison dropped 74%.

Tags: david performance investment stocks

 

Leaky lifeboat: Weak US corporate profits offer no rescue to sinking stocks

2016-01-22 11:18:33| IT Services - Topix.net

NEW YORK: Investors who hoped U.S. corporate earnings could dig stocks out of their deep hole may find themselves sorely disappointed. Thanks to rapidly dimming forecasts for energy, materials, finance and technology sectors, year-over-year profit declines for Standard & Poor's 500 companies are now expected until the second quarter of 2016 at the earliest, according to data from Thomson Reuters Proprietary Research.

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Asia stocks continue global recovery

2016-01-22 02:28:24| BBC News | Business | UK Edition

Markets in Asia have opened higher, picking up on a rebound in oil prices and a strong lead from the US and Europe

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US stocks rise as energy stocks rally following big slump

2016-01-22 02:07:34| Energy - Topix.net

U.S. stocks are closing higher, led by a rebound in oil and gas companies as energy prices recovered from a steep drop the day before. Many of the top gainers in the Standard & Poor's 500 index Thursday were energy companies.

Tags: big energy rise stocks

 

US stocks rise as energy stocks rally following big slump

2016-01-22 01:58:04| Oil & Gas - Topix.net

U.S. stocks are closing higher, led by a rebound in oil and gas companies as energy prices recovered from a steep drop the day before. Many of the top gainers in the Standard & Poor's 500 index Thursday were energy companies.

Tags: big energy rise stocks

 

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