Eminence Capital

The Department of Justice (DOJ) made a bold assertion in a court filing on Friday: state cannabis legalization has bolstered tourism. This claim forms part of the DOJ’s strategy to seek dismissal of a lawsuit brought by leading cannabis companies challenging federal prohibition against state-...

In response to a lawsuit against U.S. Attorney General Merrick Garland challenging federal marijuana prohibition in state markets, the Justice Department (DOJ) plans to request dismissal. The lawsuit argues that continued prohibition harms businesses and public safety, while denying them financial...

As the cannabis industry continues to blossom, it becomes increasingly important to spotlight those at the forefront of the green revolution. In this evolving landscape, visionaries are emerging, shaping the industry, societal perceptions and legal frameworks. Here are the stories and...

Cannabis reform has moved one step closer to reality at the federal level on Wednesday, with the Senate Banking Committee approving the Secure and Fair Enforcement Regulation (SAFER) Banking Act. "It's all about applying pressure to get things done." That's according to Emily...

Institutional investment managers with more than $100 million in assets under management and relevant long stakes in U.S. listed equities are required to disclose their long positions once per quarter via 13F filings. 13Fs for the fourth quarter of 2015 were due February 16, 2016, but many...

Ricky Sandler, founder, CEO and CIO of Eminence Capital, was on Wall Street Week on Sunday and shared some comments on investing in movie theater stocks and how the whole theater business has an impact. Regal Cinemas And The Decline Of Movie Theaters According to the expert, Eminence is short...

Ricky Sandler, founder of Eminence Capital, was on Wall Street Week on Sunday, and talked about investing in the gaming industry. Zynga And Mobile Gaming The hedge fund manager first went into Zynga Inc (NASDAQ: ZNGA), which he said “was sort of a hot IPO a few years ago.” He added...

On Sunday, Jos. A. Bank (NASDAQ: JOSB) rejected yet another takeover offer by rival Men's Wearhouse (NYSE: MW) despite a previous offer to “sweeten” the deal. Last Thursday, Men's Wearhouse said it could raise its offer to $1.61 billion, or $57.50 a share, “if additional value was discovered...

Major indices reversed Monday's losses and posted strong gains following a better than expected retail sales report and a luke-warm start to earnings season. Related: Stocks Higher, But Dollar Indecisive After Retail Sales Release Philidalphia's Fed chief Charles Plosser said that he wants QE...

Investors and traders were in clear selling mode today ahead of a very busy week of earnings. The Dow suffered a triple digit point loss while the S&P 500 and Nasdaq suffered losses of more than one percent. There were no key economic data releases today. Related: Earnings Expectations For...