The stock market kept performing well on Monday, and the Dow Jones Industrials posted its 12th straight all-time record high. Market sentiment was sunny following the release of Warren Buffett’s annual shareholder letter over the weekend, and the Oracle of Omaha made positive comments about the sustainability of the current bull market, which was able to overcome early declines in the major....More>>>
Were emphasizing the knowable by predicting how certain people and companies will swim against the current. Were not predicting the fluctuation in the current. – Charlie Munger
Welcome to this edition of Integrated BioSci Rounds Report for April 27, 2018. As usual, well elucidate notable trading analytics for the day, recent insider transactions, and interesting....More>>>
Over the past year, the performance of T. Rowe Price Blue Chip Growth (TRBCX has underscored why it pays to sit tight when a fund with a superior long-term record hits a speed bump. In 2016, as investors turned away from shares of the fast-growing, large-capitalization stocks that Blue Chip targets in favor of more-undervalued fare, the fund lagged the stock market dramatically. Stocks that had....More>>>
A 14 percent slide in Hong Kong-traded shares of BYD Co. this year has not shaken analyst confidence in the Warren Buffett-backed Chinese electric carmaker.
Long-term growth prospects for China’s new-energy vehicle market are overshadowing concerns about tighter government subsidies and increasing foreign competition that have wiped out more than $3 billion from BYD’s market....More>>>
Medical device company Endra Life Sciences (NDRA) wants to sell 2 million shares at an expected price of $5.50 per share to raise $11 million in its IPO.
The company is developing enhanced ultrasound technologies that promise to expand the range of treatment options for a variety of indications.
While Endra has a one-year collaboration agreement with GE Healthcare,....More>>>
Buffetts 8 Nuggets of Investing Advice: Berkshire Shareholder Letter 2017
Why Trump Advisor Scaramucci Hates DOL Fiduciary Rule
Ron Rhoades: DOL Fiduciary Rule Is as Good as Dead (for Now)
New York regulators have fined the Lincoln Financial Group $1.5 million for the company’s failure to fix widespread claims-processing errors and for delayed reporting of the problem....More>>>
Who needs to go to the doctor when you can go to your local CVS drug store instead? That appears to be the logic behind CVS’s decision to buy health insurer Aetna for $69 billion.
CVS has more than 9,700 pharmacies and 1,100 Minute Clinics, walk-in locations that offer vaccinations, lab tests and diagnosis and treatment of illnesses like strep throat and ear infections from nurse....More>>>
Stocks are continuing their upward march on Monday, with the Dow Jones Industrial Average on track for its seventh-consecutive rise. Headlines are light, with worries over U.S.-China tensions easing slightly as President Trump surprised many on Sunday night with a pledge to help Chinese telecom giant ZTE “get back into business, fast” after a U.S. ban crippled it.
"They're going broke, boys. Their stock is going to flatline. And I'm going to make a killing when it does." In his book Dead Companies Walking, successful money manager Scott Fearon recalls the above comment from Gary Smith some 25 years ago as being a "seminal" event for his career. It was a conversation that set Fearon on an unexpected new course. In....More>>>
Procter & Gamble Co. (NYSE: PG) posted a share price loss of 1.3% last week, not much, but enough to maintain its rank as the worst-performing Dow Jones industrialaverage stock of the year to date. So far in 2018, the shares have lost 20.8%.
The second-worst Dow stock so far this year is General Electric Co. (NYSE: GE), which is down 17.6%. That is followed by 3M Co. (NYSE: MMM), down....More>>>