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Jim Chanos Unveils Lastest Short As Fund Manager Bets On Further Market Declines Jim Chanos has a new short target in his sights. Earlier this week, the hedge fund manager disclosed that he is betting against "legacy" data centers that face growing competition from the trio of technology giants, which have previously been their biggest customers. […] Read More DE Shaw Ordered To Pay Record $52m Defamation Award To Daniel MichalowToday, a FINRA arbitration panel awarded the largest defamation award to an individual in recent history to Daniel Michalow in the amount of $52,125,000. This dispute between D. E. Shaw, one of the largest and most successful hedge funds in the world, and its former partner Daniel Michalow, received significant press attention over the past […] Read More Acuity Brands, Inc Illuminates An Attractive OpportunityAcuity Brands Wobbles After Strong Q3 Results Acuity Brands (NYSE:AYI) has been in a downtrend for the last two quarters for no other reason than fear of slowing growth, tightening margins, and earnings weakness but those fears were overblown. The move downward was driven in large part by institutions that were selling heavily in the […] Read More Paychex Continues To Provide Steady And Predictable ResultsPaychex (NASDAQ:PAYX) is an American provider of human resources, payroll, and outsourcing services for small and medium-sized businesses. The company is based out of Rochester, New York, and has payroll clients across North America and Europe. Highlights: Services revenue increased by 11% for the year to $1129 billion. Net income grew by 11% to $394 […] Read More Why I'm Buying Pfizer And You Should TooPfizer Inc. (NYSE:PFE) has a bright future ahead of it. Detractors of the company point to the fact that COVID-19 has reached its peak, and therefore the company will experience reduced demand for one of its best-selling vaccines. However, it is also becoming apparent to me that the virus will remain an endemic disease, much […] Read More Activist Engine Capital Beat Exxon, Now it Hunts Smaller Game With SciPlayArnaud Adjler and his Engine Capital said in a June 22 US Securities & Exchange Commission 13D filing that it sent a letter to SciPlay Corp.'s (NASDAQ:SCPL) three independent directors asking them to reject an intellectual property agreement with Light & Wonder Inc. (NASDAQ:LNW), charging that Chief Executive Officer Barry Cottle has a potential conflict of interest with […] Read More As 97% Of Surveyed Hotels Report Staffing Shortages, AHLA Foundation Expands Recruitment CampaignWASHINGTON (JUNE 30, 2022) – Nearly all hotels are experiencing staffing shortages, and half report being severely understaffed, according to a new member survey conducted by the American Hotel & Lodging Association (AHLA). Ninety-seven percent (97%) of survey respondents indicated they are experiencing a staffing shortage, 49% severely so. The most critical staffing need is housekeeping, with 58% […] Read More 
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