Craig Hodges, who runs one of the best-performing U.S. mutual funds, is preparing for the next leg of America’s almost five-year-old bull market.
New York Times Co. shares rose to an almost four-month high today amid speculation Carlos Slim, the Mexican billionaire who already owns about 7 percent of the newspaper publisher, increased his stake.
Vulcan Materials Co. may be betting it can squeeze $1 billion more out of a takeover bid that’s already the most expensive for a U.S. building material company.
Men’s Wearhouse Inc. agreed to buy smaller rival Jos. A. Bank Clothiers Inc. for about $1.8 billion in cash, ending a five-month takeover battle between the two menswear retailers.
Grupo Aeromexico SAB got pushed around by low-cost airlines in 2012 and much of 2013. Now Mexico’s largest carrier is proving that bigger is better.
Nobody saw it coming.
"We're disappointed to see Patrik go, he's been a great leader, he's got great vision, and he was very instrumental in the successful turnaround of the Timberland brand."
- Craig Hodges on Oct 23, 2014
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