Just a couple weeks ago, 13F filings started flowing in, and Berkshire Hathaway’s (NYSE:BRK-A) (NYSE:BRK-B) ownership disclosures showed that Warren Buffett nearly quadrupled his Apple (NASDAQ:AAPL) position in the fourth quarter. The Oracle of Omaha closed out 2016 with approximately 57.4 million shares, up from the 15.2 million shares that Berkshire Hathaway was holding at the end of the....More>>>
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R. Alexander Acosta, President Donald Trump’s nominee to be secretary of Labor, said Wednesday that if confirmed, he would follow the president’s Feb. 3 executive order directing Labor to review....More>>>
Death and finances are two of the most difficult topics for people to talk about, and when you put them together, you have a conversation that a lot of people avoid at all costs. Yet the fact of the matter is people are living longer. This means you will have more medical expenses and may be taking care of a loved one with a chronic illness for a long time. Additionally,....More>>>
Related CIG Mid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics Shares Slide Mid-Day Market Update: Nektar Surges After Positive Results From NKTR-181 Study; Cerulean Pharma Shares Drop Related PAM Mid-Morning Market Update: Markets Open Higher; Groupe Casino Offers To Buy Cnova ....More>>>
Stocks fell today in tandem with U.S. Treasury bonds, raising concerns that the market might not be able to withstand higher interest rates.
The S&P 500 fell 0.3% to 2,133.04 today, while the Dow Jones Industrial Average declined 29.65 points, or 0.2%, to 18,169.68. The Nasdaq Composite fell 0.7% to 5,215.97. 10-year Treausry notes fell as their yields rose....More>>>
With the exception of BBVA Banco Frances (NYSE:BFR), Argentine banking ADRs have brought a great performance over the past year. Grupo Supervielle (NYSE:SUPV) in particular is up more than 30% since its IPO on May 20th last year, but Banco Macro (NYSE:BMA) and Grupo Financiero Galicia (NASDAQ:GGAL) are not that far behind, with a 20% and 24% 1y-return each.
Many reasons are behind this....More>>>
U.S. stocks have fallen for eight straight days in a row… This is an incredibly rare occurrence. It has only happened five times in the last 35 years. So… what happens next? What should we expect? Is eight straight down days an ominous sign? Is it just the beginning of a major downtrend in stocks? Or is eight straight down days the complete exhaustion of....More>>>