Author Archives: Scott Cendrowski, writer
  • Parsing China's conflicting economic data

    Is the world's second-largest economy crashing? Or is it stable and growing? Recent data doesn't offer a straight answer.

    FORTUNE -- You can get whiplash from reading the economic news coming out of China these days. One month the skeptics hold up weak industrial output and exclaim, "Crash ahead!" The next month, the bulls are back celebrating things like China's 7.7% GDP growth last year.

    The latest sign of China's economic to-and-fro MORE

    - Feb 21, 2014 12:41 PM ET
  • Hershey makes its way into China

    In buying Shanghai Golden Monkey Food, the American confectioner paid $584 million for a piece of the Chinese candy market.

    By Scott Cendrowski, writer

    FORTUNE -- For proof that the Chinese market is difficult for outsiders, a place where even a booming economy and a love for top foreign brands isn't enough to guarantee success, look to Hershey's (HSY) recent $584 million deal to buy candy maker Shanghai Golden Monkey Food MORE

    Dec 20, 2013 11:25 AM ET
  • Why homebuilders stocks are still a buy

    After rising for more than a year, they still offer value.

    - Sep 16, 2013 10:23 AM ET
  • Quant Trading Comes to Main Street

    A new company offers automated trading for anyone with a computer. Is that a good thing?

    FORTUNE--Automated trading has always been the preserve of the Wall Street elite. Banks and hedge funds used supercomputers armed with powerful algorithms programmed by PhD brainiacs to trade hundreds of stocks and currencies, making boatloads of money in a matter of seconds. Now, the same technology is coming to Main Street.

    A Manhattan startup called EquaMetrics MORE

    - Jun 18, 2013 5:00 AM ET
  • Economists are bullish on China's new leadership

    Economists discuss China's new leadership, and how it will affect the world's second-largest economy.

    FORTUNE -- How will China overcome its own cliff? That was the question for a group of Chinese economists Monday who gathered at the New York Stock Exchange to offer their forecast for the world's second-largest economy. The annual conference sponsored by the National Committee on U.S.-China relations had a twist this year. For the first time MORE

    - Jan 7, 2013 12:36 PM ET
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  • Don Yacktman: A fund manager's faith produces results

    Don Yacktman has led two of the world's fastest-growing stock funds while helping his daughter recover from a devastating stroke.

    FORTUNE -- The County Line barbecue joint in Austin is buzzing at lunchtime -- you can smell the charred red meat half a mile away. Way in the back corner, Don Yacktman is enjoying his usual: a plate of lean brisket, peppered turkey breast, potato salad, and baked beans. He's surrounded MORE

    - Dec 13, 2012 5:00 AM ET
  • Too early to call AIG bailout a success

    Four years later, the government is selling its stake in AIG. But the long-term consequences of a bailout the size of Singapore's GDP are hard to assess.

    FORTUNE -- The U.S. Treasury is finally ridding itself of AIG stock, four long years after the government's bailout escalated to $182 billion, after AIG continued paying bonuses when it shouldn't have, and after enraged taxpayers lobbed death threats at executives.

    Yes, the bailout is over. MORE

    - Dec 11, 2012 11:19 AM ET
  • Don't believe the hype about special dividends

    Most companies aren't rushing to beat the fiscal cliff with special payouts -- they regularly pay these dividends.

    FORTUNE -- In the run-up to the fiscal cliff, special dividends are being called Corporate America's answer to higher taxes. Companies are rushing, analysts say, to reward shareholders with billions in special payouts before individuals' dividend tax rates are raised in 2013. Costco (COST) just announced a massive special dividend, as did Wynn MORE

    - Dec 6, 2012 11:28 AM ET
  • Bruce Berkowitz: The return of a star fund manager

    Bruce Berkowitz and his Fairholme Fund have made a comeback - relying on the same stocks that cost his fund so dearly in 2011.

    FORTUNE -- Only a handful of mutual fund managers have ever had the sort of epic run that Bruce Berkowitz (and his investors) enjoyed. In the first decade of this century, his 13.2% annual returns obliterated the S&P 500 (SPX), which averaged 1% yearly losses. He was MORE

    - Nov 26, 2012 5:00 AM ET
  • Jefferies' flight to safety: Is this the new Wall Street?

    The independent investment bank sought the security of Leucadia instead of going on its own.

    FORTUNE -- If you think Wall Street doesn't hear the calls to reduce risk, look at Jefferies.

    The investment bank, which announced its proposed sale to Leucadia National on Monday, is one of the biggest banking success stories. The rare conservative i-bank on Wall Street, Jefferies flew through the credit crisis of 2008-09 and last year survived misleading analyst claims (and later rumors) MORE

    - Nov 14, 2012 9:26 AM ET
About This Author
Scott Cendrowski
Scott Cendrowski
Writer, Fortune

Scott Cendrowski is a writer at Fortune based in Beijing, where he covers business in China. He moved there in late 2013 from New York, where he wrote about Wall Street and investing. Before joining the magazine in 2008, he was a Pulliam Fellow at The Arizona Republic and an intern for Bloomberg News. A Detroit native, he has a B.A. in public policy from Michigan State University.

Follow Scott on Twitter @scendrowski

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