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...funds aren't nearly the size they once were - so they're taking on fresh investors. A number of portfolio managers, especially the value-conscious sort, are also seeing cheap stocks all over the place and want extra money to buy in. One of the reasons Longleaf Partners reopened earlier this year was that its managers had identified some $1.5 billion worth of securities they wanted to buy. (Read a brief history...
Tickets to today’s event were distributed by private invitation and through a lottery organized by the Institute of Politics. According to an e-mail sent by the Office of the President earlier this month, tickets not claimed by 3:45 p.m. this afternoon will be distributed to the general public...
Israeli officials are waiting to hear if the Jewish hostages were killed when commandos stormed the building, which is in a crowded Mumbai residential neighborhood, or whether they had been slain earlier by their captors, presumed to be Muslim militants...
...Earlier this month, Ernst & Young took drugmakers to task for failing to meet changing market dynamics, such as an increasingly cost-averse customers. The industry faces unprecedented challenges related to patent expirations, pricing and regulatory pressures, shifting demographics, and globalization, yet most drug companies - particularly in Europe - have yet to adapt, Ernst & Young said...
...hand. The day before, two of the three hostage sites in the city had been secured: the Oberoi Hotel and Nariman House, the site of the Jewish hospitality center, were finally wrested from terrorist hands. The siege of the Taj dragged on into the night, however, despite assurances earlier on Friday from authorities with the National Security Guard, an elite Army unit, that the agony of the ornate and historic hotel was nearing an end. As most of the city slept, the Taj suffered at least six more massive blasts into the early hours of Saturday. But by day, unconfirmed...