David Einhorn’s Greenlight Capital has cut its stakes in high-flying technology companies Apple, Twitter and Micron, according to new SEC filings covering positions through the end of the second quarter. The billionaire’s hedge fund reduced […]
Samsung’s second quarter earnings showed the slowest quarterly profit growth in more than a year, partly because of sluggish smartphone sales. Revenue from the mobile division was down 22 percent year-on-year in the three months […]
Financial companies like Citigroup and Morgan Stanley generate 35 percent and 12 percent of their sales from Brazil, Russia, India and China, according to Goldman Sachs. The bank’s cautious note came as the Turkish lira […]
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