Every night in 1995, I would deposit money overnight in a different currency… Sounds strange, I realize. But back then, as the vice president of a global mutual fund, one of my jobs was to execute our fund's trades. Once our U.S. trading day was done, we wanted our money to work for us overnight as well. We might put our money into French francs, German marks, or....More>>>
Stocks made gains on Wednesday, despite upward moves in oil prices and interest rates. TheDow Jones Industrial Average (DJINDICES:^DJI)and theS&P 500 (SNPINDEX:^GSPC)both added nearly a percentage point.
Today’s stock market
Index Percentage Change Point Change
Dow 0.75% 182.33
S&P 500 0.97% 25.87
Data source: Yahoo! Finance.
Crude oil surged....More>>>
US based but China focused small cap biopharmaceutical stockCASI Pharmaceuticals (NASDAQ: CASI) is up around 78% over the last three trading days on no apparent news on the newswires as the following chart illustrates:
CASI Pharmaceuticals is a U.S. based, late-stage small cap biopharmaceutical company focused on the acquisition, development and commercialization of innovative therapeutics....More>>>
Today, I will show you how to take our very best investment ideas and make them 10 times better… That's right. Using this simple strategy, I believe every individual investor managing less than $10 million can earn 50% a year in safe stocks. Returns at this level can transform your retirement… or even build generational wealth. But this doesn't mean you....More>>>
After struggling through deregulation, high oil prices, and a lengthy recession, airline stocks have rebounded in synchronization with the US stock market, with better global economies, and generally as a leading US economic indicator. A simple comparison of the six largest US airlines gives an encouraging picture of the recovery.
Of course, investors should be aware that airlines legendarily....More>>>
The $26 billion all-stock deal between Sprint (NYSE:S) and T-Mobile (NASDAQ:TMUS) puts T-Mobile firmly in charge — an idea that was untenable just six months ago. But with even greater scale and resources at its disposal, the new company is certain to shake up the wireless industry.
In this segment fromIndustry Focus, the cast dives into the deal terms for shareholders before offering....More>>>
Legendary investor Bill Miller is the former chairman and chief investment officer of Legg Mason Capital Management. He has been named fund manager of the decade by Morningstar and ranked as the top 30 most influential people in investing by SmartMoney. Below is an edited summary of his interview with The Investor’s Podcast where he talks about determining the intrinsic value of various....More>>>
The major indexes rose to new highs this week as investorsignored the chaos in Washington and refused to let the market fall.
The S&P 500 rose 1.5% this week after advancing 0.2% to 2,351.16 today, while the Dow Jones Industrial Average gained 1.7% this week after ticking up 4.28 points to 20,624.05. The Nasdaq Composite climbed 1.8% this week after today.
President Trump has called reporters dishonest, said the media is “the enemy of the American people,” and mused about making it easier to sue journalists. And, according to a new report, he has gone even further than that in private, telling then-FBI Director James Comey that Comey should consider locking reporters up.
Trump said this to Comey during a meeting in the Oval Office....More>>>
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., laughs while playing cards on the sidelines of the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska on Sunday, May 1, 2016. (Photo Credit: Daniel Acker/Bloomberg)
Warren Buffett made $12 billion in 2016 and reclaimed his position as the second richest person in the world.
How did he do....More>>>