Brazil’s troubled OGX firm skips key interest payment

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Brazil’s troubled OGX firm skips key interest payment (via AFP)

Brazilian magnate Eike Batista’s troubled oil firm OGX said it was foregoing a $44.5 million interest payment due Tuesday as it scrambled to avoid debt default. The company said in a note sent to the market that it opted not to pay because it “is in…

Top value fund managers are ready for the small cap bear market to be done

InvestorsDuring the bull market, small caps haven't been performing well, but some believe that could be about to change. Breach Inlet Founder and Portfolio Manager Chris Colvin and Gradient Investments President Michael Binger both expect small caps to take off. Q1 2020 hedge fund letters, conferences and more However, not everyone is convinced. BTIG strategist Read More