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Distressed Investors See 'Exceptional Bargains' In Troubled US Commercial Real Estate Sector
Wednesday, July 10, 2024 - 6:53pm | 519Distressed investors are viewing the U.S. commercial real estate industry as a utopia of great deals after the COVID-19 pandemic work-from-home shift caused office values to plummet last year. Private equity firms are putting this sector in their crosshairs as they set aside 64% of dry powder...
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Oaktree's Co-Chairman On FAANG Stocks: Valuations Are High But Coming Down
Tuesday, August 1, 2017 - 3:24pm | 372Oaktree's co-chairman Howard Marks penned a blog post last week that caught investors' attention. In the letter, the billionaire investor had some harsh things to say about the FAANG stocks — an acronym which groups together some of the most notable technology and internet companies,...
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Gannett's Colossal 50% Year-To-Date Fall: Why Tronc Is Responsible
Tuesday, November 1, 2016 - 10:34am | 361Gannett Co Inc (NYSE: GCI) shares have suffered a sharp drop of over 50 percent since the company made its unsolicited bid on the formerly-known-as Tribune Publishing for $12.25 a share on April 25. However, the stock recovered after Gannett announced that it was terminating its discussions with...
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Wunderlich Upgrades NGL Energy Partners To Buy On Future Catalysts
Monday, June 13, 2016 - 2:08pm | 239Wunderlich has upgraded NGL Energy Partners LP (NYSE: NGL) to Buy from Hold, on a potentially sizable distribution step-up in FY18 and reasonable valuation. "NGL's Refined Products business should continue to outperform given increasing motor fuels demand and relatively low prices, while a...