Warren Buffett-ledBerkshire Hathaway (NYSE:BRK.A) has been on a tear following the US Presidential election. The BRK.A stock is up 12.2% since November 8, outperforming the S&P 500 (INDX:SPAL), which is up 6% in the same period. While Buffett was a clear and staunch supporter of Hillary, it could come across as a surprise that investors have been buying BRK.A stock in droves. Can Berkshire Hathaway....More>>>
William Patalon III
Today I want to take you back in time – back to 2000 – to share a tale about frustration, calculated risk-taking and innovation.
And gold mining.
The leaders of Goldcorp Inc. (NYSE: GG) knew their way of doing business wasn’t working and understood that, without a change, the long-struggling miner might well run out of cash and go belly....More>>>
Anthem (ANTM) has suedExpress Scripts, alleging that the pharmacy benefits manager charged too much for the drugs it provided. Citigroup’sGaren Sarafian explains:
Anthem filed a suit intraday today against its pharmacy benefit manager Express Scripts for what it believes is higher than competitive benchmark pricing that the company has previously claimed to....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>>>
Related TXN Stocks Hitting 52-Week Highs This Firm Is Still Selling Texas Instruments On Lofty Valuation, Apple Exposure Related MDRX 7 Must-Watch Stocks Today Record Bookings Saves Allscripts Shares After Poor Guidance
Benzinga's newsdesk monitors options activity to notice....More>>>
Park Electrochemical Corp (NYSE:PKE) files its latest 10-K with SEC for the fiscal year ended on February 28, 2017. Park Electrochemical Corp develops, manufactures, markets and sells digital and radio frequency microwave printed circuit materials products for the telecommunications and internet infrastructure and high-end computing markets. Park Electrochemical Corp has a market cap of $355.320....More>>>
Why Chipotle’s E. coli outbreak is still a mystery Chipotle had an awful end to 2015.
The company’s E. coli scare hospitalized 22 people, crushed its “healthy food” image and scared away many customers across the country.
Chipotle execs said in January that earnings would be “messy” and they were right. Chipotle only pulled in a $68 million....More>>>
Call of Duty is going back to its roots. Image source: Activision Blizzard.
On its latest conference call, Activision Blizzard (NASDAQ:ATVI) confirmed that Call of Duty: Infinite Warfare fell short of expectations, yet the company turned in a great quarter. The top video game publisher posted growth in revenue and earnings, and increased its annual dividend by 15%.
Yesterday, our Under the Radar Moversnewsletter suggested small cap independent oil and gas exploration and production stock Erin Energy Corp (NYSEMKT: ERN) as a short trade:
For a while earlier in the year it looked as if Erin Energy was going to recover from a miserable 2015. Since August though, we’ve seen a lower low and a lower high in conjunction with a cross back under all the....More>>>
Clearly with St. Patrick’s Day falling on Friday, the volume of trading dropped as Wall Street enjoyed the festivities. However, once again the market continued the inexorable climb higher this past week. For the first time this year, the insider buying volume looked to be much closer to the selling in share count, though insider sellers still seemed to dominate in the dollar amount. Either....More>>>