First Niagara Financial Group Inc (FNFG)

Clint Carlson opened the doors to his Dallas-based Carlson Capital in 1993, after spending years cutting his teeth as the head of risk arbitrage for the investment arm of the Texas-based Bass Brothers...

Though the broader market has recouped nearly all of the losses it suffered earlier in the year, most financial stocks are trading deep in the red currently.

Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of September.

The U.S stock market opened mixed on Friday amid lower-than-expected consumer spending data for September.

The trading session on Wednesday morning was marked by a slight decline of the major indices, but a number of stocks registered significant gains, such as the small-cap Abengoa SA (ADR) (NASDAQ:ABGB), ...

While many banks have seen their stock prices rise precipitously since the market bottomed out in March 2009, First Niagara Financial Group Inc. (NASDAQ:FNFG) has gotten crushed.

Today, let's look at Barrow, Hanley, Mewhinney & Strauss, founded in 1979, and one of the biggest value-focused institutional investment companies around.

To many market players, hedge funds are assumed to be bloated, old financial vehicles of a period lost to current times.

Over the past 12 months, shares of First Niagara Financial Group Inc. (NASDAQ:FNFG) have handily outperformed the S&P 500, but only narrowly outperformed the KBW Bank Index, a composite of 24 bank stocks...