Latest News

David Tepper Dethroned as King of Hedge Fund Pay

Bloomberg’s Stephanie Ruhle and Cory Johnson examine the list of 2014’s top-paid hedge fund managers as the total amount of pay fell across the industry. They speak on “Market Makers.” (Source: Bloomberg)

Xinhua Says China's Bull Market Is Not Over

The Chinese stock market’s decline on Tuesday wasn’t the end of the bull market and could instead help the market enter the "slow bull" mode advocated by regulators, the official Xinhua News Agency says. Bloomberg's Christine Hah has more on "First Up." (Source: Bloomberg)

Gainers

MNK
+5.27
+4.58%
Mallinckrodt PLC
EL
+3.36
+4.02%
Estee Lauder Cos Inc/The
MIC
+3.25
+3.96%
Macquarie Infrastructure Co LLC
RIG
+0.57
+3.10%
Transocean Ltd

Losers

PBYI
-14.54
-7.53%
Puma Biotechnology Inc
FEYE
-2.79
-6.44%
FireEye Inc
MGM
-1.13
-5.31%
MGM Resorts International
WLK
-3.88
-5.22%
Westlake Chemical Corp

Not a Lot of Growth Currently in the Market: Wilbanks

Wilbanks, Smith & Thomas Asset Management CIO Wayne Wilbanks discusses today’s selloff in the markets, the U.S. economy and where he sees opportunity. He speaks to Bloomberg’s Angie Lau on “First Up.” (Source: Bloomberg)

Street Smart

Career Advice From Four-Star Army Gen. Ann Dunwoody

U.S. Army Gen. Ann Dunwoody (Ret.), author of "A Higher Standard," discusses her life and career and the military lessons that apply to the business world. She speaks with Bloomberg's Alix Steel on "Street Smart." (Source: Bloomberg)

Consolidation in Tech Is Overdue and Healthy: IDT CEO

Integrated Device Technology CEO Greg Waters and Bloomberg Intelligence's Anand Srinivasan discuss the reports that Microsoft may be evaluating a bid for Salesforce.com. They speak with Bloomberg's Alix Steel on "Street Smart." (Source: Bloomberg)

Groupon's Sales Forecast Misses Analysts' Estimates

Groupon posted revenue in the first quarter and forecast second-quarter sales that trailed analysts’ estimates, citing “significant headwinds from foreign exchange rates.” Bloomberg's Cory Johnson takes a look at the numbers on "Street Smart." (Source: Bloomberg)

Newell Rubbermaid's Currency Challenge `Massive': CEO

Michael Polk, chief executive officer of Newell Rubbermaid Inc., talks about the company's first-quarter results and the impact of currency markets on Newell's earnings. Polk speaks with Alix Steel on Bloomberg Television's "Street Smart." (Source: Bloomberg)