Foreign investors wary of India as it fights worst crisis since 1991
Aug 16, 2013 at 07:36 | Source:
New York: Foreign investors seem to be increasingly wary about investing in India as the Reserve Bank of India battles to stem the rupees plunge and stop capital outflows that are pushing India toward its biggest crisis in more than two decades.On We...
Berkshire Hathaway adds to GM, Wells Fargo stakes
Aug 15, 2013 at 22:02 | Source:
NEW YORK (MarketWatch) — Berkshire Hathaway Inc. bought additional shares of General Motors Co. and Wells Fargo & Co. during the second quarter and cut most of its stakes in Kraft Foods Group Inc. and Mondelez International Inc. Berkshire (NYSE:...
The $1,000 stock club: Exclusive but growing
Aug 15, 2013 at 18:02 | Source:
With stock splits becoming less commonplace and share prices reaching record levels, several stocks are getting closer to that rarified level of $1,000 a share. The trend reflects a big shift in how companies view exposure to retail investors. There...
US ketchup maker Heinz to axe 600 jobs in North America
Aug 14, 2013 at 16:22 | Source:
The world's largest ketchup maker HJ Heinz Co said yesterday that it will eliminate 600 positions in the US and Canada as part of the company's drive to reduce costs under its new ownership. More than half the reduction, or about 350 positions, will...
Bond Links: Fallen angel takes flight
Aug 08, 2013 at 20:31 | Source:
ETF Trends: This fallen angel has wings. The ANGL ETF, which holds junk bonds that were rated investment grade when issued, was up nearly 49% last Friday. Barron s: Goldman Sachs economist says the Fed will begin to taper in September. Learn Bonds: ...
3 dividend stocks to dump now
Aug 08, 2013 at 19:17 | Source:
As Wall Street continues to eye tighter central bank policy in the medium term, it’s important for investors to be proactive about their portfolios and avoid stocks that could be shaken up by Federal Reserve actions in the next few months. And one...
Amazon's Jeffrey Bezos places a bet on traditional media
Aug 06, 2013 at 23:27 | Source:
In a top-secret move, a new-media mogul takes over an old-media institution. Is it vanity, philanthropy - or good business sense? Jeffrey Bezos, the founder of Amazon, knows how to keep a secret. Monday's announcement about his purchase of the W...
Washington Post sale ends Buffett's stake in paper
Aug 06, 2013 at 22:00 | Source:
OMAHA, Neb. (AP) — Warren Buffett's company's longtime stake in the Washington Post newspaper will end when the publication is sold to Amazon.com founder Jeff Bezos. Buffett's Berkshire Hathaway conglomerate holds 1,727,765 ...
Bezos buying Washington Post for $250 million
Aug 06, 2013 at 03:26 | Source:
WASHINGTON (MarketWatch) — Amazon founder Jeff Bezos is buying the Washington Post for $250 million, continuing a wave of transactions involving famous media brands that have struggled to compete in the digital age. Bloomberg Jeff Bezos. Bezos, ac...
Monday’s movers: Tyson Foods, Fossil
Aug 05, 2013 at 22:07 | Source:
NEW YORK (MarketWatch) — Shares of Tyson Foods Inc. jumped, while Fossil Group Inc. stock dipped on Monday. After the Moto X smartphone was revealed last week, Qualcomm stock created buzz on Wall Street. Gainers Tyson Foods Inc. (NYSE:TSN) share...
Stock futures flat with ISM, Fed speakers in focus
Aug 05, 2013 at 18:07 | Source:
LONDON (MarketWatch) — U.S. stock-index futures signaled a flat open for Wall Street on Monday, after closing at record levels last week, as investors awaited the ISM nonmanufacturing report. A string of Federal Reserve policy makers are due to sp...
Berkshire, Tyson are Monday’s stocks to watch
Aug 04, 2013 at 15:41 | Source:
NEW YORK (MarketWatch) — Billionaire investor Warren Buffett’s conglomerate Berkshire Hathaway Inc. and food producer Tyson Foods Inc. are among the stocks that will attract investors’ attention on Monday. After the market closed on Friday, Be...
Berkshire Hathaway's Earnings Climb 46%
Aug 04, 2013 at 12:00 | Source:
Wall Street Journal
Warren Buffett's Berkshire Hathaway Inc. reported a 46% increase in second-quarter earnings late Friday, sending Class B shares of the company higher in after-hours trading. MarketWatch's Laura Mandaro reports. (Photo: AP). Berkshire ...
Berkshire 2Q earnings rise on utility and railroad boost
Aug 03, 2013 at 20:52 | Source:
Warren Buffett's Berkshire Hathaway Inc beat analysts' estimates as second-quarter profit earnings rose at its utility business and railroad. Net income was up to $4.54 billion, or $2,763 a share, from $3.11 billion, or $1,882, a year earlier, gaini...
Berkshire shares climb on earnings after hours
Aug 03, 2013 at 03:37 | Source:
SAN FRANCISCO (MarketWatch) — Warren Buffett’s Berkshire Hathaway Inc. reported a 46% increase in second-quarter earnings late Friday, sending Class B shares of the company higher in after-hours trading. Reuters Warren Buffett’s Berkshire Hath...
Posco warns of weaker steel prices, mulls cost cut in 2014
Jul 25, 2013 at 14:55 | Source:
Seoul: Posco on Thursday forecast flat second-half profits and warned steel prices would fall further this year due to the economic slowdown in top consumer China, signalling the slump in the steel market was likely to linger longer.China's cooling e...
Why Warren Buffett's Berkshire Hathaway pulled out of India
Jul 24, 2013 at 13:27 | Source:
India has long been viewed as a value investor's dream: rapid growth, 1.2 billion people pining for a taste of globalisation, and underdeveloped industries ripe for turnarounds. So it surprised few when the genre's guru, Warren Buffett, placed a bet ...
Quant giant Cliff Asness's dividend stock picks
Jul 24, 2013 at 01:27 | Source:
Cliff Asness' AQR Capital is one of the biggest quantitative hedge funds in the world. In May, Cliff Asness's AQR Capital Management filed its 13F for the first quarter of 2013 with the SEC. While the information on the specific number of shares it ...
Warren Buffett's long-term stock picks
Jul 24, 2013 at 01:27 | Source:
At Insider Monkey, we track quarterly 13F filings from hundreds of hedge funds and other notable investors—including, of course, Warren Buffett's Berkshire Hathaway (NYSE:BRK.A) . We've found that the information in these filings can be useful i...