UK state-rescued Lloyds Banking swings into profit

UK state-rescued Lloyds Banking swings into profit (via AFP)

Lloyds Banking Group swung into profit during the first nine months of the year, the British state-rescued bank said on Tuesday as it looks to return to the private sector. LBG reported net profit of £256 million ($412 million, 299 million euros) in…

Short-Seller Spruce Point Highlights Its Latest Canadian Consumer Short: Saputo

InvestReputed short-seller Spruce Point Capital Management released its latest short report this week. The firm is shorting Canadian dairy and grocery manufacturer Saputo. Spruce Point chief Ben Axler believes the company is entering a phase of declining growth and highlights the financial stress and growing challenges he sees it facing, not only in Canada but Read More


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