McDonald's to stop serving Heinz ketchup
Oct 27, 2013 at 17:32 | Source:
McDonald's has said it is to stop serving Heinz ketchup in its stores after 40 years. The world's biggest fast-food chain said it would drop the ketchup after Bernardo Hees, the former head of rival Burger King, took over as Heinz's ch...
McDonald’s ending relationship with Heinz
Oct 26, 2013 at 12:22 | Source:
The Hindu BusinessLine
McDonald’s has said that it is dropping ketchup king Heinz as a supplier of the key hamburger condiment, citing management changes at Heinz that put the company closer to rival Burger King.McDonald’s had yesterday said it was ending a rel...
Berkshire replaces Apple as top stock in Tiger 21 survey
Oct 24, 2013 at 07:12 | Source:
Warren Buffett's firm Berkshire Hathaway Inc has gained over Apple Inc as it took the top spot as preferred stock among millionaires in the US and Canada. According to a Bloomberg report, Berkshire had replaced Apple as the top stock pick among mill...
Buffett says he passed on buying Washington Post
Oct 24, 2013 at 05:24 | Source:
Omaha, Nebraska: Investor Warren Buffett says he didn't buy the Washington Post because he didn't want it to be a burden on his company or family.His Berkshire Hathaway Inc. conglomerate has purchased dozens of other newspapers since 2011. And Berksh...
Exclusive world of private jets flies high to Las Vegas
Oct 23, 2013 at 13:02 | Source:
PARIS: The exclusive world of business jets associated with film stars and royalty is showing signs of being on the up as a vital tool for companies and executives. The Las Vegas business jet show opens in Las Vegas on Tuesday for three days until T...
Google shares break $1,000 barrier as mobile ads boost revenue
Oct 20, 2013 at 10:35 | Source:
Google Inc shares jumped past $1,000 on Friday as investors bet on the Internet company's continued dominance of the mobile and video advertising businesses despite aggressive competition from Facebook Inc and Yahoo Inc.Shares of the world's No 1 sea...
Google stock may be latest to hit $1,000 but it's definitely not the last
Oct 19, 2013 at 12:18 | Source:
New York: With its surge on Friday, Google Inc became the latest member, though not likely the last, of a tiny fraternity of companies that boast $1,000 share prices.In a market where stock splits have become rarer, there may be more of this to come ...
As stock splits wane, more may follow Google to $1,000
Oct 19, 2013 at 04:37 | Source:
NEW YORK: With its surge on Friday, Google Inc became the latest member, though not likely the last, of a tiny fraternity of companies that boast $1,000 share prices. In a market where stock splits have become rarer, there may be more of this to com...
5 banks Buffett is betting on for 2014
Oct 18, 2013 at 23:17 | Source:
As we begin to ponder what sectors will rule the markets in 2014, technology, health care and industrials are areas that many pundits point to. If you ask Warren Buffett, though, he'll provide a decidedly different answer. On CNBC earlier this week,...
The bull and bear cases right now
Oct 16, 2013 at 22:27 | Source:
Peter Boockvar lays out the bull and bear cases for stocks right now. • Six good reasons to fire your broker. • The U.S. default has actually already begun. • World stock-market capitalization is nearly back to pre-crisis levels. Individual st...
Stock futures rise on hopes for budget deal
Oct 16, 2013 at 19:47 | Source:
NEW YORK (MarketWatch) — U.S. stock futures rose on Wednesday as Senate leaders rushed to seal a budget deal after a last-ditch measure by House Republicans fell apart and as yields on Treasury bills coming due in a day jumped on investor concern ...
U.K. stocks break winning streak; Burberry slides
Oct 16, 2013 at 15:47 | Source:
LONDON (MarketWatch) — After four days in positive territory, U.K. stocks declined on Wednesday as investors worried the political deadlock in the U.S. could bring the global economy to its knees. Stocks also stayed lower after data showed the U.K...
Is another market crash around the corner?
Oct 15, 2013 at 19:47 | Source:
CHAPEL HILL, N.C. (MarketWatch) — A 1987-magnitude stock market crash could happen at any time. Keep that in mind this week as commentators note the 26th anniversary of that crash, the worst in U.S. stock market history. If another crash of that m...
4 stocks Warren Buffett and smart money love
Oct 11, 2013 at 05:52 | Source:
By now you probably know the story. Hedge fund activity is worth paying attention to if you know where to look. By tracking a little over 500 of the best money managers in existence today, we at Insider Monkey focus on the elite due to the market-be...
Buffett vs. Twitter: Two smart #investing styles
Oct 08, 2013 at 20:27 | Source:
SAN FRANCISCO (MarketWatch) — Today let’s talk about two big investment strategies in the news. They are beckoning, like personal ads on Craigslist. There is the hot young thing in Twitter Inc. (PRE-IPO:TWTR) , which filed for its initial public...
Buffett’s crisis-lending haul reaches $10 billion
Oct 07, 2013 at 20:07 | Source:
Billionaire Warren Buffett tossed lifelines to a handful of blue-chip companies during the financial crisis. Five years later the payoff on those deals is becoming clear: $10 billion and counting. Buffett approached that figure after he collected an...
Treasury warns of dire consequences of default
Oct 04, 2013 at 00:17 | Source:
WASHINGTON (MarketWatch) — The Treasury Department warned Thursday that a failure to raise the debt ceiling could lead to a financial crisis and recession even more damaging than the financial crisis of 2008. Reuters U.S. Treasury Secretary Jack L...
Bank stocks fall, but Warren Buffett does OK
Sep 30, 2013 at 20:42 | Source:
Financial stocks fell Monday morning as investors waited to see how the government’s budget battle plays out, while predictions on the upcoming earnings season were just “meh.” The third quarter, which ends today, is shaping up as pretty disap...
Warren Buffett's small-cap gems
Sep 25, 2013 at 21:32 | Source:
Every now and then, however, there are diamonds in the rough, and one such opportunity currently exists in a specific subset of the hedge-fund industry. At Insider Monkey, our empirical research has discovered that it is possible to beat the broader...