Fisher Capital Management Warning-Investors Take Warning: Storm Clouds Gathering

NEW YORK (TheStreet) -- Fast food chain McDonald's (MCD_) reported comparable-sales growth of 3.1% in May. U.S. and Europe comparable sales were up 2.4% and 2.3%, respectively. Same-store sales rose 4.3% in the Asia/Pacific, Middle East and African countries.



For example, Barclay's Capital Management, a UK-based institutional investment firm, owns over 400 million shares of Microsoft - that's 4 percent of the $240 billion company.

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Westfield been recently looking get distressed assets since late last year but doesn't have struck any deal despite sharp falls in property prices across the globe.

Third Point Reinsurance (TPRE) is a casualty and speciality property reinsurer will offer 22.2 million share at a cost range of $12.50 to $14.50 at a time intention of raising $300 million. If successful Third Point Reinsurance would have a market value of $1.4 billion dollars. The company was founded in 2011 and is founded on in Bermuda. Over the past year they've recorded $397 million in sales. Morgan Stanley, Credit Suisse, Bank of America Merrill Lynch and JP Morgan are underwriting the deal.

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Red Bank, N.J.-based home builder Hovnanian Enterprises(HOV_) reported a much wider loss for its fiscal second quarter as. last year as gross margins deteriorated and contract backlog repudiated.

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