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Hedge Fund and Insider Trading News: Israel Englander, Starboard Value, Elliott Management, Empower Clinics Inc (EPWCF), Walt Disney Co (DIS), and More

Hedge Fund and Insider Trading News: Israel Englander, Starboard Value, Elliott Management, Empower Clinics Inc (EPWCF), Walt Disney Co (DIS), and More
insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.

Brit dents Fairfax results as combined ratio soars to 112 6% in 2020

07-07-2016 Prem Watsa s Fairfax Financial Holdings, the property and casualty re/insurance conglomerate which includes OdysseyRe, Allied World and Brit, posted a fall in net profit for fiscal year 2020, driven by $1.3 billion combined catastrophe and COVID-19 losses and 112.6 percent combined ratio of its subsidiary Brit. Brit s chief executive Matthew Wilson, however, pointed to rate increases and withdrawal of capacity in the market from certain classes as cause for optimism going into 2021. The rest of this article is locked. Please login to continue reading.   If you don t have a login, you will need to purchase a subscription to gain access to this article, and all the other content. Please use this link and follow the steps. 

Are These Canadian Stocks Due for a Short Squeeze?

AMC Entertainment, or BlackBerry that Reddit’s army of WallStreetBets short-squeezing investors has been going after. If there’s a battered, heavily shorted stock out there, they’ll probably be interested in giving it a second look, especially if there’s a chance to squeeze out an infamous, big-league short-seller. Indeed, short-selling comes with its fair share of risks. For many beginners, such risks can be difficult to fathom. When you go long a stock, the worst thing that could happen is losing your entire invested principal. The lowest that a stock can go is zero. When you go short a stock, however, your downside risks are unbounded. And you could be on the hook for well more than you initially invested if a stock you’re short skyrockets into the stratosphere without a moment’s notice, giving you no time to cover your position.

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