By Kerrisdale Capital Management:
Following the release of our first and second reports on Unilife (UNIS), proponents of the long thesis have continued to defend the extreme valuation of the business. In contrast, our research...
The Dolan Company (NYSE: DM), a leading provider of professional services
and business information to the legal, financial and real estate sectors
in the United States, today announced that it has adopted a shareholder
The Australian dollar traded lower versus the greenback as Australian business’ reported a 2.9 percent operating loss in the third quarter while inventories increased by 1.1 percent suggesting the overall economic climate appears to have slowed.
American Apparel Inc. dropped in U.S. trading after saying it received a subpoena from the U.S. attorney’s office over changing accounting firms and that operating losses may result in its breach of a debt covenant.
A healthy 14 per cent jump in passenger traffic during the April-January period of this fiscal has helped the ailing national carrier Air India bring down its operating losses by around Rs 1,300 crore, according to a senior airline source.