Hedge fund manager David Einhorn escalates battle with GM with UnlockGMValue.com site

David Einhorn’s Greenlight Capital cranked up the pressure on General Motors on Thursday by launching a website that encourages shareholders to vote for the hedge fund’s proposal. GM rejected Greenlight’s plan in March to appoint three directors to...

Wall Street loves Facebook and raises price targets after earnings — research wrap

Analysts reiterated their optimism over Facebook’s future after the social network reported first-quarter results, even as the shares opened down 1 percent Thursday in response to the earnings.Nearly 90 percent of Wall Street analysts have buy or overweight...