PPM Blog

We haven’t learned any lessons from the ethanol debacle. Read More

Europe’s problems are well-documented, although there is some sentiment that disaster can be averted. However, the dangers are real enough that any exposure to small- and mid-sized European banks should be reconsidered. Read More

Social network giant pulls trigger on long-awaited IPO, pricing its shares at $38 in a $16 billion deal — the largest debut ever for a technology firm. Read More

–Jen says call is driven by political stalemate in Greece –Greece exit would be major blow to global markets in short term –Euro to dip toward $1.20, but downside limited by Fed outlook –Sees stronger euro in longer run on [...]

SYDNEY (MarketWatch) — Trading losses at J.P. Morgan & Chase Co. have surpassed the bank’s initial $2 billion estimate by at least $1 billion, according to report on the New York Times website Wednesday, citing people familiar with the matter. [...]

Former Web powerhouse is the largest holding for the hedge fund, but questions remain about how it can turn Yahoo around now that it has de facto control of the board. Read More

The monthslong Canadian Pacific Railway Ltd. proxy fight, which culminates Thursday at the railroad’s annual meeting in Calgary, is being called a corporate culture shift in Canada. It’s also been quite nasty, which isn’t very Canadian. Read More

Among the companies whose shares are making notable moves in Wednesday’s session are Pan American Silver Corp. (PAAS), Centerra Gold Inc. (CG.T), Ivanhoe Mines Ltd. (IVN) and Inmet Mining Corp. (IMN.T). Read More

Larry Robbins of Glenview Capital likes hospital stocks such as Tenet Healthcare, even if the Obama Administration’s health-care bill is struck down. Read More

Value investor Meryl Witmer touts Gildan Activewear and Viacom. Read More