Renegade bank analyst Mike Mayo at new firm, makes bold bullish call on Citi

Citigroup’s stock price should double in the next five years after shaving the most risk off its books than any other large bank in the last few years, according to a new research report by veteran banking analyst Mike Mayo. Citi, his top stock pick, should show...

Blackstone’s Invitation Homes to buy Starwood Waypoint, creating a $11B single-family rental company

Invitation Homes said on Thursday it would buy Starwood Waypoint Homes in an all-stock deal that would create a $11 billion U.S. single-family rental company. Under the deal, each Starwood Waypoint Homes share will be converted into 1.614 Invitation Homes shares,...