Shares of Herbalife (NYSE: HLF ) plunged on Wednesday after it was reported that hedge fund manager Bill Ackman had bet against the company’s stock . Following that report, on Thursday, Ackman appeared at a special Ira Sohn investment event and laid out his thesis as to why he had sold short share…
Headlines this week revealed a new nomination but an old hat at the Treasury, a new direction for an old-line grocer, and same-old, same-old at the ECB-- for now, anyway.
Morningstar markets editor Jeremy Glaser highlights some must-dos in 2013 for banks, Blackberry devices, frazzled investors, and corporate America's balance sheets.