Oaktree Capital’s Howard Marks is a master of the fixed income investing world and Gotham Asset Management’s Joel Greenblatt is one of the most skilled bottoms-up investors when it comes to identifying cheap stocks and those that are overvalued. Though the two are on opposite ends of the investing spectrum, their worldview is nearly identical.
U.S. stocks finished lower on Tuesday, giving back some of the previous days advance as worries about a lackluster spate of earnings and a slip in a reading of consumer confidence weighed on market sentiment.
A drop in the price of oil below $50 a barrel, lingering uncertainty about the U.S. presidential election and growing expectations of a rate increase by the Federal Reserve, also contributed....More>>>
Shares of optical component companies have dropped today, includingOclaro (NASDAQ:OCLR), Acacia (NASDAQ:ACIA), Lumentum (NASDAQ:LITE), and Finisar (NASDAQ:FNSR), whose shares were down 11%, 11%, 6%, and 3%, respectively, as of 3:30 p.m. EDT, after the U.S. broadened its investigation regarding compliance with sanctions programs.
Blue-chip companies rightfully make up the bulk of most people’s investment portfolios. These large-cap firms possess considerable industry leverage, as well as a vast sum of financial resources. Their status and importance to the underlying economy means that they are the least likely to crumble, regardless of external pressures. Ultimately, blue chips provide the confidence and stability....More>>>
Fiat Chrysler (NYSE:FCAU) is well positioned both geographically and in product terms to reap the benefits of its position, as we go into 2017. CEO Sergio Marchionne has astutely managed the strategic and brand issues involved. The company is better placed than its traditional rivals Ford (NYSE:F) and General Motors (NYSE:GM) and the stock market has undervalued its strong position. Recent announcements....More>>>
Liberal growth and conservative financing may seem contradictory at first, but the two are not mutually exclusive as Enterprise Products Partners (NYSE:EPD) proves. EPD is undergoing rapid development with $5.6 billion worth of capital projects under current construction, that will start adding to the company’s top and bottom lines starting in 2018. In 2016, over....More>>>
Welcome to The Salary Chronicles, where we’re bringing transparency to negotiation and salaries, one story at a time. We ask women to share their experiences negotiating their salary and what their advice is for others doing the same. We share these stories anonymously so they feel comfortable speaking as openly and as freely as possible.
After years of gradually securing its official gold reserves (unwinding leases), the central bank of Austria claims to have completed the audits of its 224 tonnes of gold stored at the BOE. However, it refuses to publish the audit reports and the gold bar list. What could possibly be so sensitive to hide from public eyes?
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