Amazon.com Inc. (NSDQ:AMZN)had started the 2016 holiday shopping season with the launch of its exclusive TV program The Grand Tour, featuring the popular trio of Top Gear hosts, which was accompanied by a one-day discount on its Prime membership program. The opening episode of the programbecame the biggestshow premiere on Amazon’s streaming service, with new Prime memberships during the day....More>>>
Buffett sold a large portion of his stake in Munich Re (HAM:MUV2) in 2015 citing a terrible outlook for the reinsurance business. A year and a half later, it’s clear he would have made continued to profit on the stock if he had held it, but it is unclear how long that will last and whether his vision is still to come true.
The CEO of Berkshire Hathaway (BRK.A)(BRK.B) held more than....More>>>
Sears is soaring today, and there is, thankfully, an obvious reason (I hate when there isn’t one). In this case, it’s the news that Bruce Berkowitz’s Fairholme Capital Management bought 286,000 shares of the stock from March 23 to March 27, following CEO Eddie Lampert’s purchase of more than 500,000 last week.
That’s sent shares of....More>>>
March 15, 2017: Here are four stocks trading with relatively heavy volume among 56 equities making new 52-week lows in Wednesday’s session. On the NYSE, advancers led decliners by more than 8 to 1 and on the Nasdaq advancers also decliners by nearly 3 to 1.
Frontier Communications Inc. (NASDAQ: FTR) posted a new 52-week low of $2.31 on Wednesday, down about 4.1% compared with Tuesday’s....More>>>
BuzzFeed’s editor in chief says his organization is “proud” of its decision to publish unverified memos alleging that Russian operatives have compromising personal and financial information about President-elect Donald Trump.
“We thought that it was important, when you have a blanket claim like he was compromised by Russian intelligence, to share the details,”....More>>>
Record stock markets can bring on initial public offerings (IPOs) and plenty of hype. Like most new things, it can be easy to get caught up in it all and IPOs are no exception. Now may be as good a time as ever to learn some basics of IPOs to avoid getting burned by the sizzle.
Some of the companies that speculators think could file in 2017 appear to have lofty valuations, if you ask some....More>>>
Closed-end funds (CEFs) are often completely ignored by investors. Mutual funds and exchange-traded funds (ETFs) get all the love. That’s a shame — especially if you’re looking high income. CEFs have some inherent advantages when it comes to getting a high yield.
Source: 401(K) 2012 via Flickr (Modified)
CEFs trade throughout the day on exchanges just like ETFs....More>>>
You might be wondering if David’s Tea (NASDAQ: DTEA) is good value after its epic earnings miss. Though the valuation has never been this compelling from a numbers perspective, the numbers in this case do not tell the whole story.
I last wrote about David’s Tea on March 9th, in an article titled “Is the worst over?”. The company had put the botched IPO behind....More>>>
Energy prices drop and hundreds of companies find the ground under them gone. Those companies proceed over the financial cliff and many will never be seen again. Others will be unrecognizable to the market. The investors are cursing one loss after another and swearing to never look at an energy stock again. Well at least for a month anyway. Maybe a week?
Before that loss cycle gets repeated,....More>>>
Brazilian President Michel Temer was cited in a plea bargain agreement of executives caught in the massive Petrobras ‘Car Wash’ investigation. Could he resign? (Photo by EVARISTO SA/AFP/Getty Images)
Surprise! There’s a political crisis going on in Brazil. The drama queens are running around like chickens with their heads cut off. It’s his fault! No, it’s....More>>>