Author: Michael Ide

Fairholme Scores Minor Win In Fannie Mae Case

Fairholme Scores Minor Win In Fannie Mae Case

Fairholme Funds won an intermediate but potentially important victory in its lawsuit against the US government over Fannie Mae and Freddie Mac. Judge Sweeney has ruled that Fairholme will be able to file protected materials found during discovery in the […]

UK Clawback Rules Make SEC Proposal Look Tame

UK Clawback Rules Make SEC Proposal Look Tame

Earlier this month the SEC proposed new compensation clawback rules that would force executives to pay back performance-based bonuses if a financial restatement showed that they hadn’t really been earned. This might seem like a no-brainer (since the bonus was […]

BTIG Initiates PayPal Holdings Inc Coverage As A Buy

BTIG Initiates PayPal Holdings Inc Coverage As A Buy

BTIG analyst Mark Palmer has initiated coverage of PayPal with a Buy recommendation and a $48 price target following the online payment processing company’s recent spin-off from eBay. PayPal officially started trading on its own yesterday with typical tech IPO […]