Investment company Independence Advisors, LLC buys CoStar Group Inc, Dollar General Corp, Raytheon Co, Broadridge Financial Solutions Inc, Procter & Gamble Co, American States Water Co, Proto Labs Inc, Bank of New York Mellon Corp, Facebook Inc, Snap-on Inc, sells Vanguard Value ETF – DNQ, Vanguard Growth ETF – DNQ, iShares Russell 1000 Growth, iShares MSCI EAFE, Vanguard Intermediate-Term....More>>>
The going rate for a lunch date with Warren Buffett: $2,679,001.
At least, that’s how much the top bidder — who wished to remain anonymous — in this year’s “Power Lunch with Warren Buffett” charity auction was willing to pay. The bidding closed Friday evening.
This is the 18th year Buffett has offered himself up for the bidding war, and he does....More>>>
As Wall Street celebrates the eighth anniversary of the cyclical bull market on Thursday, two things stand out: a knock in oil prices amid a supply glut and high levels of pessimism that appear at odds with near-record levels of stock-market indexes.
Just when traders became comfortable, a jump in U.S. crude supplies knocked oil prices ....More>>>
A few days ago, an article about Nike (NYSE:NKE) argued that “Nike’s shares aren’t priced to buy.” The reasoning was that “Nike is, at best, fairly valued. And it certainly isn’t trading hands at fire-sale prices.” The question is: should you expect (and wait for) fire-sales prices? Most value investors know the maxim that it is better to buy a great business....More>>>
GENEVA — With its new full-size flagship, Lexus believes it has elevated its hybrid power system to the next level.
That’s just what Lexus official say is the start of the innovative features in the 2018 Lexus LS 500h, which was unveiled Tuesday in Geneva. It comes to the U.S. late this year.
It has what Lexus, Toyota’s luxury division, calls a Multi-Stage Hybrid....More>>>
Broadcom Limited (NASDAQ: AVGO) reported fiscal fourth-quarter financial results after markets closed on Thursday. The company said that it had a net loss of $1.59 per share and $4.14 billion in revenue. Thomson Reuters did not have estimates readily available at this time. The same period from last year had $1.49 in earnings per share (EPS) and $1.84 billion in revenue.
One of the major....More>>>
Alaska Airlines (NYSE:ALK) on April 4, 2016, officially announced the acquisition of Virgin America (NASDAQ:VA) for $57.00/share in an all-cash offer. At that time, the companies reported that the deal was expected to close by January 1, 2017.
From April 4, 2016 until September 21, 2016, Virgin America’s stock traded in the $55-$56/share range, at a slight discount to the offer of $57/share.....More>>>
FBR’s Thomas Curran and Mark Kelley contend that Halliburton (HAL) and Baker Hughes (BHI) will need General Electric’s (GE) help if their merger–blocked yesterday by the Department of Justice–is to succeed:
Confirming the past week’s media reports, the U.S. Department of Justice (DOJ) announced yesterday, April 6, that it will sue....More>>>
Last Friday, Boeing (BA) announced delays in its program to supply tankers to the U.S. Air Force. Canaccord Genuity’s Ken Herbert and Jonathan Morales consider the implications:
On Friday, Boeing announced another slip in the KC-46 tanker program. Specifically, the company indicated that the Air Force has pushed its Milestone C production decision from June....More>>>