BiglariHoldings

What Was Wall St. Thinking (Last Week Ed.)?

The boneheaded move of the week was committed by financial journalists, who collectively decided to blame Netflix's recent price hike for its reduction in subscriber targets -- a bad call indeed. Other head-scratchers included the end of boastful Fidelity Magellan chief Harry Lange's tenure, Cracker Barrel's attempts to evade Biglari Holdings, and Restoration Hardware's IPO.

What to Watch Next Week on Wall St.

Next week is going to be as eventful as ever on Wall Street. Watch for angry activist investors, gaming unveilings, and big brands being humbled by the numbers they have to report. Here are some of the items that will help shape the week.

Activist Investor Biglari Targets Cracker Barrel

Cracker Barrel is ubiquitous on the American landscape, with each roadside location featuring a restaurant and a gift shop. Now, one activist investor, with a proven track record in the restaurant business, is accusing management of hiding something.