Sanford Bernstein

7 results

A scene from The Big Short (2015)
Is there a bubble in passive investing?

Michael Burry, the hero of The Big Short movie who became famous for his prescient bets against the US housing bubble, says financial markets are now (...)

Nestle products. Photograph: Bryan O’Brien/Irish Times
Food giant Nestle reports better-than-expected revenue growth

Nestle, the world’s biggest food maker, reported first-quarter revenue growth that exceeded analyst estimates as price increases offset weak sales of (...)

Quindell founder Rob Terry
Stocktake: Quindell collapse vindicates short sellers

AIM-listed insurer Quindell’s share price collapse marks another victory for short-selling outfit Gotham City Research – and a reminder how careless i(...)

Bill Gross, former co-founder and co-chief investment officer of Pacific Investment Management Company (PIMCO), speaks in Chicago earlier this year. Gross’ abrupt departure from Pimco, the giant bond firm that he co-founded more than four decades ago, was preceded by months of clashes between the star investor and the firm’s executive committee that got progressively worse, according to sources familiar with the situation. Photograph: Jim Young/REUTERS
New Pimco chiefs seek to calm investors

Pacific Investment Management Co (PIMCO), seeking to calm investors after the surprise departure of co-founder and former chief investment officer Bil(...)

Starbucks takeaway cups at a Starbucks in central London, as the coffee shop chain announced it is moving its European headquarters from the Netherlands to the UK following a row over tax avoidance. Photograph: Nick Ansell/PA Wire
Starbucks moves European head office to London after tax row

Starbucks, the world’s biggest coffee chain, will move its European head office to London from Amsterdam, increasing the amount of tax it pays (...)

Bugatti Veyron. Total loss: €1.70bn. Loss per car: €4,617,547
Industry’s worst flops cost €20bn
  • Motors
  • December 11, 2013, 01:00

You probably don’t want to admit how much money you’ve lost on cars over the years. Neither does the car industry, but the amounts its biggest mistake(...)

Following an agreed sale of its stake in Verizon Wireless, Vodafone could make an offer for Ono, the Spanish cable operator, or Swisscom’s Fastweb in Italy, some analysts believe. Photograph: PA Wire
Size of windfall payout in doubt as Vodafone eyes new targets

Vodafone shareholders may not be in line for the huge cash windfall that had been predicted following the sale of its stake in Verizon Wireless.As the(...)