Casablanca Capital

On Sunday morning, Donald Drapkin, Casablanca Capital founder and co-chief investment officer, appeared on Wall Street Week. The investor went over a few issues, including activist investing and why Hillary Clinton is wrong about it. He assured activist investing is committed with job creation and...

Donald Drapkin, Casablanca Capital Founder and Co-Chief Investment Officer, appeared on Wall Street Week on Sunday morning. Among other issues, the investor went into what he’s doing with Cliffs Natural Resources Inc (NYSE: CLF). Shares of Cliffs Natural Resources were down more...

U.S. markets rose sharply after the U.S. government reported that 248,000 jobs were created in September, bringing the unemployment rate to 5.9 percent, the lowest it has been since July 2008. In addition to the jobs report, data from the U.S. government showed the trade deficit narrowing in...

U.S. stocks fell as the Dow dipped below the 17,000 marks as geopolitical concerns become a main focus. In a televised statement, President Obama said the United States will expand on sanctions meant to hurt Russia's energy, defense and financial sectors. The move follows Russia's...

U.S. stocks rose as investors felt that earnings season is positive enough so far to reverse weakness the markets have seen in recent weeks. "Investors were braced for poor results, and at least so far, the numbers have been better than feared. We'll have a little more information to act on...

U.S. stocks took a breather on Wednesday with major indices little changed after one of the largest four-day bull runs in recent history. The House has authorized a one year extension to the government's borrowing authority until March 16, 2015. The Senate gave the final seal of approval this...

U.S. stocks reversed its multi-day losing streak as investors found enough positives in Tuesday's earnings to end the Dow's five day losing streak. The FOMC began its first day of a two-day meeting. The Wall Street Journal's Jon Hilsenrath believes that the central bank will reduce...

On Tuesday, Casablanca Capital disclosed that it had amassed a 5.2 percent stake in Cliffs Natural Resources (NYSE: CLF). Casablanca Capital will assume an activist role in pushing the mining company to implement major changes to the company in hopes of improving shareholder value. Cliffs Natural...