When 3G and Warren Buffett’s Berkshire Hathaway (BRK.B) got together to merge Kraft with Heinz to form Kraft Heinz (KHC), they argued that they could cut expenses to create a more efficient business. But if today’s earnings–which appeared, at least on the surface, to be pretty good–demonstrated anything, it’s that Kraft Heinz might be running out of synergies to juice....More>>>
This Top Pick — an auto parts firm involved in seating and electrical systems — scores better than about 99% of the nearly 5,000 companies in our proprietary Quadrix ranking system, explains Richard Moroney, editor of Dow Theory Forecasts.
At nine times trailing earnings, Lear (LEA) has a P/E ratio that is by far the lowest on our Focus List, among the lowest 9% in our universe,....More>>>
Reviews for Samsung’s latest, greatest, and hopefully non-exploding Galaxy S8 are starting to hit the web, and there’s universal praise among the tech press. After years of shamelessly copying Apple’s (NASDAQ:AAPL) designs (and getting sued for it), Samsung has truly come up with an innovative and unique design that looks....More>>>
General Electric (NYSE:GE) has been a solid stock to own, up and to the right. Pushing through to new highs. But at a $280 billion market cap, has it become too big to grow? Certainly, activist investor Nelson Peltz and his Trian Partners don’t think so. Peltz’s presentation put General Electric’s share value at $40-$45 a share, suggesting another 25%-40% of upside.
Note: This commentary has been updated to include today’s release of the July data for Real Personal Income Less Transfer Receipts.
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which it bases its decisions. This committee statement is about as close as....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins