Yahoo! Finance News – US Federal Reserve, Groupon, Greenlight Capital, Wendy’s Co., Keep on, or Enough Already? Fed Officials Spar Over QE3
Little over a week after U.S. Federal Reserve policymakers overwhelmingly endorsed a plan to keep buying bonds to spur economic growth and hiring, they are airing their differences over their super-easy policy.
Groupon: Back From the Dead?
Groupon shares jumped 10% Thursday on a positive earnings surprise that came after three consecutive quarters of disappointment — but the list of converts on Wall Street remains thin.
Greenlight Capital Exits ‘Profitable’ MBIA Short
Greenlight Capital’s David Einhorn told his investors that the hedge fund closed its longstanding “short” position in bond insurer MBIA Inc. in the first quarter. Einhorn, in an investor letter …
McDonald’s, Wendy’s Battle for Value-Centric Customers
McDonald’s Corp. and Wendy’s Co. are struggling to attract cost-conscious consumers who are demanding better deals than even these low-price fast-food chains offer. McDonald’s and Wendy’s are struggling …