Sometimes the best lessons are worth repeating.
Billionaire investor Warren Buffett used his widely-read annual letter to Berkshire Hathaway Inc. shareholders on Saturday to again call out the wasteful fees that many money managers charge. He highlighted the risk of bonds and emphasized the importance of sticking with a simple investment strategy, rather than chasing returns.
1. Tax bill crunch time: Republican efforts to make drastic changes to the U.S. tax code are center stage in Washington.
It’s a full court press: President Trump is expected to meet with congressional leaders, and the House will start debate on its bill.
If successful, the tax overhaul would be the Republicans’ first substantial legislative victory under Trump.
The West Coast/California drought has finally ended, with Gov. Jerry Brown lifting the drought emergency in most parts of California, barring a few San Joaquin Valley counties. Does this mark the all clear for investors in the agriculture sector?
Let’s take a look at performance of agriculture-related stocks over cycles of drought.
Driest Ever Drought....More>>>
Charlie Munger (Trades, Portfolio) is an investor and the business partner of the world’s most famous investor, Warren Buffett (Trades, Portfolio), but he is also among the rarified group that cleaned up during the financial crisis. The fountain of wit, wisdom and ice-cold discipline got into the market at its most despairing and quietly made a small fortune, primarily on banks, which he....More>>>
Colgate-Palmolive Company (NYSE:CL) looks good backed by its robust brand strength, capital allocation strategy as well as innovation and in-store implementation initiatives.
In addition, better pricing, emerging market growth and execution of its cost-saving programs hold promise of healthy margins.
Shares of this Zacks Rank #2 (Buy) company returned 11.9%....More>>>
Related Benzinga's Bulls And Bears For The Week: Starbucks, Tesla, United And More The Most Likely Targets For A Kraft Heinz Deal: Mondelez Or Pepsi Related VRX Bill Ackman Is Killin' It In Chipotle Citron Goes Short On FleetCor Valeant: It's Not a Game of Chess – The Lessons ....More>>>
American Airlines has been fined $1.6 million for forcing passengers to wait too long on the tarmac.
But American Airlines will only pay $695,000.
Most of the airline’s tarmac delays are the result of 20 of its planes being grounded during a 2013 blizzard that hit Charlotte, North Carolina.
Federal rules don’t allow domestic flights to stay on the tarmac for....More>>>
On Tuesday, November 8, most of America willbe tuned in hotly and heavily into watching news coverage about the presidential and congressional elections. After all, how the election turns out willdictate who runs the country and how the news flow is likely to be shaped in the public.
One economic report that will deserve a look is the co-called JOLTS report. This is the number of job openings,....More>>>
WFT CEO Krishna Shivram. Source: WFT Annual Report
Last month Weatherford International (NYSE:WFT) borrowed $540 million in senior notes to pay down its revolver and cure a potential covenant breach. It also raised about $450 million in equity to help shore up its balance sheet and fund more cash burn. The shares were sold to a passive investor who also has warrants to acquire an additional....More>>>