A hedge fund that has a large stake in Tribune Publishing Co. Tipico 0.31% According to people familiar with the matter, the Chicago Tribune and the New York Daily News are seeking to buy the newspaper chain behind the headlines. Alden Global Capital LLC, which is already the Tribune’s largest …
Read More »Asian markets are mostly higher, but stocks in China are falling amid Alibaba anti-trust checks.
Asian stocks were mostly higher on Thursday after mixed gains on Wall Street following mixed economics reports. Benchmarks rose in Tokyo, Hong Kong and Sydney. China’s market regulator says it has launched an anti-monopoly probe into e-commerce giant Alibaba Group 9988, after shares in Shanghai fell. -8.13% Baba, + 0.14%, …
Read More »Tech giants risk a 2001-style valuation collapse, says colored sockgen strategist
Albert Edwards, a London-based provocative strategist for the French bank society Génrale, has been predicting for decades that the US and Western Europe will follow Japan into an era of deflation and ultrallo bond yields, which he calls the “Ice Age”. Even though some of his warnings about the stock …
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