Hedge fund titan Paul Singer scores big win after NRG Energy surges 25% in single day

Activist investor Paul Singer’s bid to overhaul power producer NRG Energy paid off handsomely on Wednesday as investors sent the stock price soaring. Shares of NRG surged about 25 percent to about $20.45 after the company announced a transformation plan that, if...

One of Wall Street’s favorite ways to time the stock market may not work at all

One of Wall Street’s favorite indicators of fear is actually of little use when trying to look into what the future holds for stocks, according to one analysis. Traders often cite the CBOE Volatility Index as a reliable indicator of what’s ahead. The VIX...