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Goldman Says Surging Chinese Stocks May Advance Another 20%

(Bloomberg) — Goldman Sachs Group Inc. upgraded its call on Chinese stocks to overweight, as it joined a camp of optimists that are touting the positive impact of Beijing’s stimulus blitz. Most Read from Bloomberg Gauges tracking the nation’s equities may rise another 15%-20% if authorities deliver on policy measures, …

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Activist Starboard Value Takes $1 Billion Stake in Pfizer

(Bloomberg) — Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer Inc. and is seeking to spur a turnaround of the struggling pharmaceuticals giant, according to a person familiar with the matter. Most Read from Bloomberg Starboard has approached former Pfizer executives Ian Read and …

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