In our last article, we noted that the middle market for privately held businesses in the United States has about 350,000 firms. Of those, only about 20% are “ready for sale.” And, we mentioned that there are consultants who assist business owners prepare their companies for sale. Just to be clear, these are value enhancement consultants as opposed to investment....More>>>
The Q4 2016earnings report for small cap prepaid payment network and card stock Blackhawk Network Holdings Inc (NASDAQ: HAWK) is scheduled forafter the marketcloses on Wednesday (February 15th). In the past, Blackhawk Network Holdingshas citedtheregulatory-mandated introduction of EMV chips for card issuers and store processors as a hazard for its current business model.
Are Berkshire Hathaways best days behind it? Warren Buffett seems to think so. In an essay to mark the firms 50th anniversary, the Oracle of Omaha wrote in 2015 that Berkshire Hathaways future long-term gains will not come close to those achieved in the past 50 years. (The words in italics are reproduced exactly as they appeared.) The numbers have become too big, Buffett goes on to say about....More>>>
It is official: The Department of Labor’s (DOL) Fiduciary Rule is, slowly but surely, taking effect. As of June 9, 2017, all financial professionals who provide guidance on retirement plans are considered fiduciaries and must ensure they act in accordance with their clients’ best interests. The rule will impact the industry as a whole, but perhaps....More>>>
The Q1 2017 earnings report for small cap natural andorganic foods stock United Natural Foods, Inc (NASDAQ: UNFI) is scheduled for after the market closes onWednesday (December 7th). Shares tend to move in tandeem with Whole Foods Market, Inc (NASDAQ: WFM) who accounts for more than 30% of sales and were falling in September on concerns about WFM’s weakness with Wolfe Research’s Scott....More>>>
Berkshire Hathaway CEO Warren Buffett (Trades, Portfolio) extolled many of his portfolio holdings for repurchasing their shares, “some quite aggressively,” in his 2016 annual letter. Buffett, who is price-conscious and won’t repurchase his own companies’ shares at more than 1.2 times book value, a statement he last made good on in 2012, approved of his investees’....More>>>
When will retailers learn thatAmazon.com(NASDAQ:AMZN)is not their friend? Over and over again, retailers think that by partnering with the e-commerce king they’ll benefit through some sort of halo effect that will allow the tremendous traffic Amazon drives to trickle down to them and boost their own sales. Rarely, though, does it seem to ever happen, and Amazon continues to undermine its competition....More>>>
It’s been an interesting few years for T-shirt manufacturer Delta Apparel (NYSEMKT:DLA). A huge spike in cotton prices in 2011 helped turn a near-$2 EPS in FY11 into a loss in FY12. (DLA fiscal years then ended in June; the company moved to September in 2013.) Delta managed to recover in FY13, getting EPS back over $1 – and then the company’s Soffe brand started falling apart,....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