Xiaomi Profits On A Tear: Report


Xiaomi Inc., China’s biggest mobile phone seller by shipments, almost doubled its profit in 2013, the Wall Street Journal reported, citing a confidential document it had seen. The document was presented to banks by Xiaomi, when it raised $1 billion recently to invest in Internet television, the paper said Wednesday. Xiaomi’s net profit last year rose…

Xiaomi Profits On A Tear: Report

Gates Capital Management Reduces Risk After Rare Down Year [Exclusive]

Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have produced a 12.6% annualised return over the past 26 years. The funds added 7.7% overall in the second half of 2022, outperforming the 3.4% return for Read More

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