The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 2.4 million barrels last week, maintaining a total U.S. commercial crude inventory of 425.9 million barrels. The commercial c
Make way for some waves. CVS Health (CVS) and Express Scripts (ESRX) have released their formulary exclusion list for 2017, which details which prescription drugs will not be covered by health plans.
Why do we care? Commercial payors have been showing signs of pushing back against high drugs costs, which is a huge concern for drug companies and their investors. The coverage list determines....More>>>
The big speculation is whether there will be a bidding war for Whole Foods (WFM) now that Amazon (AMZN) has made a play for one of the nations leading organic foods grocers. That is, do whatever it takes to prevent Amazon from landing Whole Foods.
The case can be made that other retailers, such as SuperValu (SVU) or Albertsons, need to come in and prevent Amazon from buying up Whole Foods.
“A truly great business must have an enduring “moat” that protects excellent returns on invested capital.”
– Warren Buffett, 2007 Shareholder Letter
A reader recently sent me the following clips from the 2007 Shareholder Letter that pertains to a topic that we’ve discussed quite a bit here: the concept of return on capital, why it’s important....More>>>
The so-called smart money on Wall Street sold Burger King in 2010 for $3.3 billion, minting over a billion dollars in profits and a five-fold gain for exiting investors including Bain Capital, TPG and Goldman Sachs. It was a whopper deal that left analysts scratching their heads as to how the buyer would get its money back.
A little over six years later, Burger King’s new owners have....More>>>
The Wheel of FORTUNE just concluded an interview, part of SA partnership with Cheddar TV to produce a Seeking Alpha "Idea of the Month" slot. These interviews are always a challenge because i) they are very short in nature (only 4-5 minutes), and ii) since it's live TV we are dealing
Pico Far East Holdings (OTC:PCOFF) [HKG:752], Asia's largest exhibition services provider, trades at an ex-net cash trailing P/E of just 10 times. This represents attractive valuations for a market leader which has generated 15-20% ROEs in the past decade and also has been profitable and free c
Have you ever "unplugged" from your cell phone? If you have, you've likely experienced the phenomenon of phantom vibrations -- the perception that your phone is ringing or vibrating when in fact it's not. (In the 1990s, people reported incidences of "phantom pager syndrome.")