Iglesias Was Upset When Red Sox Signed Drew – RealGM Wiretap
Jose Iglesias was supposed to contend for the shortstop job in Boston this
season adidas nmd runner
, but will likely be stuck in the minor leagues for another
year after the Red Sox signed Stephen Drew.
"He was upset," Dustin Pedroia told WEEI of Iglesias.
Pedroia said he wasn't going to let the young infielder sulk.
"I basically told him, from my situation, I felt like I was ready in 2006 to
start the season in Boston, play second base and go play," Pedroia added. "But
we ended up signing Mark Loretta. It ended up being a great thing for me."
asically told him, from my situation, I felt like I was ready in 2006 to start
the season in Boston, play second base and go play,” Pedroia continued. “But we
ended up signing Mark Loretta. It ended up being a great thing for
Read more at:
Braves Havent Ruled Out Michael Bourn – RealGM Wiretap
The Braves haven't ruled out re-signing Michael Bourn.
Atlanta added B.J. Upton to their outfield this offseason and Bourn remains
on the market.
"Nothing's changed," Frank Wren told David O'Brien of the Atlanta
Journal-Constitution. "If we got a call and there was a deal to be made, we’d be
open to it."
Chase Utley Likely To Remain With Phillies – RealGM Wiretap
Chase Utley will likely remain with the Philadelphia Phillies for the rest of
the season, according to Ruben Amaro, Jr.
tubular france , who has cleared waivers, must be acquired before
the Aug. 31 deadline to be eligible to play in the postseason. He has a full
no-trade clause in his contract.
"As I told you before, it is very likely he'll be here in Philadelphia
through the end of the year, and then we'll see what happens after that," Amaro
told 94WIP in Philadelphia.
Hedge Funds Eye A Profit From European Bank Research Retreat | A Finance
Article As Europe's big investment banks and brokerages scale back their
research efforts, particularly towards small and mid-sized companies, some hedge
funds and other specialist players spy an opportunity. If the major players
aren't ferreting out investment ideas among Europe's thousands of non blue-chip
companies, figuring the effort is too costly and time-consuming at a time of
cutbacks and rationalization, other participants see a chance to capitalize on
the resultant gap in the market. The hope? That less analysis and information
flow has left the best investment ideas undiscovered, even in an era of data
overload via everything from specialist investor websites to social media. "If
it's shrinking, that research is going to be replaced by independent research
firms and hedge funds, which are doing their own deep dive and explicitly
investing behind their ideas," said Soren Aandahl, head of research at activist
investor Glaucus. Data underlines the scale of research cutbacks among the big
banks. Four in every 10 European stocks tracked by analysts have seen a drop in
coverage over the last two years adidas superstar
2 france , twice the number of firms recording a rise, Thomson
Reuters figures show. And calculations by Reuters based on year-end statements
show Europe's 30 largest banks by stock market value cut staff by 80,000 in 2013
alone – not all equity analysts of course but certainly that category was far
from immune. This has led to fewer eyes looking at some of the 9,000 listed
companies in Europe, especially those with a smaller market capitalisation. Some
clients have noticed the difference. "For many of the European mid-cap companies
we cover, the breadth, depth and quality of the sell-side research (from banks
and brokers) has declined," said Moni Sternbach, head of European mid-cap
investing at $6.5 billion hedge fund firm Cheyne Capital. LUCRATIVE IDEA Yet
finding the right investment idea among overlooked small companies can still
prove lucrative, as evidenced by events around Spanish wireless networks
provider Gowex, a thinly analyzed company whose shares fell 60 percent after a
firm called Gotham City Research issued a detailed report questioning its
accounts. Gowex subsequently filed for bankruptcy. Gotham City had said in its
original report that it stood to benefit from a drop in Gowex shares, presumably
by taking a "short" position by borrowing stock it then sold in the expectation
of being able to buy it back cheaper. U.S.-based Gotham may also have been
taking advantage of Europe having been hit harder in equity research than other
regions, given a steep fall in commissions paid to banks by fund managers and a
subsequent focusing by banks on the large companies that are more likely to
offer them other business. That same pressure on resources has also seen the
quality of research fall, some fund managers say adidas stan smith
france , with some companies often only covered by a brief note
when they release their results. But there can be risks in being too original.
Even if an investor discovers a great bet, the rest of the market may be too
slow to agree. "Lower coverage means it may take longer for your expected price
action to crystallize and hence increase your risks and carrying cost," said
Aquico Wen, owner of fund firm Victoire, referring to the cost of having money
tied up in a position. NOTHING NEW In the case of Alent, a performance materials
company that was demerged in 2012 from Cookson, now renamed Vesuvius, activist
fund manager GO Investment Partners advised the firm to split, expecting the
market to applaud the move, only for the firm's stock to drift sideways. "There
was no-one to take it up," said Steve Brown, chief executive of GO. "These
analysts carry on following Croda or Elementis (other comparable companies)
because they've done it for t.