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Education Department Called Biggest Cyber Risk Since OPM

Education Department Called Biggest Cyber Risk Since OPM

Education Department Called Biggest Cyber Risk Since OPM by Giuseppe Macri House lawmakers accused senior Education Department officials Tuesday of incompetence and engaging in ethics violations instead of addressing vital cybersecurity flaws — issues they claim have put the personal and […]

Valeant Pharmaceuticals Intl Inc Down As House Attacks Drug Hikes

Valeant Pharmaceuticals Intl Inc Down As House Attacks Drug Hikes

Ahead of Congressional drug pricing hearing later this week, Democratic Members of Oversight Committee posted a public letter detailing their concerns over Valeant Pharmaceuticalst’s pricing strategy (the committee used many internal documents from the company). Basically, Valeant Pharmaceuticals was accused of setting revenue goals and […]

Negative Rates for a Negative Economy

Negative Rates for a Negative Economy

posted by STEPHEN AUST, MARKETCYCLE WEALTH MANAGEMENT     I was surprised when Japan lowered their interest rates to negative territory on January 29, 2016.  I don’t think that anyone saw this coming because, not only did they publicly state […]

Bruce Berkowitz On Sears Holdings Corp (SHLD) Asset Value

Bruce Berkowitz On Sears Holdings Corp (SHLD) Asset Value

Bruce Berkowitz on Sears Holdings Corp (SHLD) asset value From Bruce’s letter: Sears Holdings Corporation Sears Holdings Corporation (“Sears”) common stock, warrants, and bonds comprise 13.2% of Fund assets. Our ongoing valuation work reinforces our longstanding belief that Sears is worth […]

Tajikistan Banking Crisis

Tajikistan: Poverty Fears Rise As Economy Slides

Tajikistan: Poverty Fears Rise As Economy Slides Prices for basic goods are creeping up in Tajikistan, and Russia’s economic woes are forcing Tajik labor migrants to return home. That spells trouble for hundreds of thousands of Tajiks who are struggling […]