Ken Griffin says he’s less likely to move Citadel to NYC after Amazon’s ‘heartbreaking’ exit

Billionaire hedge fund manager Ken Griffin said Amazon’s decision to pull out of New York City “dramatically” reduced his interest in moving Citadel’s headquarters, according to a Bloomberg report. […]Billionaire hedge fund manager Ken Griffin said Amazon’s decision to pull out of New York City “dramatically” reduced his interest in moving Citadel’s headquarters, according to a Bloomberg report.Read More

Shale oil drillers gave stock shareholders what they wanted, then investors punished them anyway

Oil companies drilling in shale basins like the Bakken have cut back on spending to increase return to shareholders as oil prices are pressured, but investors are punishing the stocks anyway, since it is leading to lower production-growth forecasts. […]Oil companies drilling in shale basins like the Bakken have cut back on spending to increase return to shareholders as oil prices are pressured, but investors are punishing the stocks anyway, since it is leading to lower production-growth forecasts.Read More