The allure of the largest U.S. technology companies is understandable given significant returns last year, but their sheer size is the reason for their eventual downfall and long-term stock underperformance, according to Rob Arnott, founder of Research Affiliates.
When Warren Buffett announced in 2006 that he would graduallygive away the majority of his fortune to charity,he wasnt kidding.
The billionaire investor just donated another 18.6 million Class B shares of Berkshire Hathaway worth $3.17 billion to five different foundations. That puts his total charitable contribution to the organizations at $27.54 billion in just over ten years.
AT&T’s (NYSE:T) roll-out of the DirecTV Now service has been greeted by enthusiasm by some (me) and skepticism by others. The later camp notes that margins, at least on the introductory pricing, are likely to be slim and may cannibalize the company’s traditional DirecTV product offering.
In my mind, the DirecTV Now product was a forward-looking master stroke that begins....More>>>
Honda Motor President, CEO and representative director Takahiro Hachigo (C) answers questions following a joint press conference with Hitachi Automotive Systems President and CEO Hideki Seki, in Tokyo on February 7, 2017. Japanese automaker Honda announced February 7 a joint venture with Hitachi Automotive Systems, a subsidiary of the industrial conglomerate, to collaborate in the field of electric....More>>>
Kelli Williams, a market researcher by day, was looking for a little side hustle. The 38-year-old from Oak Park, Ill., cruised Craigslist and found what seemed like a great moonlighting gig. “It seemed like it would be perfect. You could work as many or as few hours as you wanted and it was all done from your computer, remotely,” she said.
We’re stressed out aboutourretirement prospects but doing little to get ready, a new report says.
Three in 10 U.S. workers say they feel mentally or emotionally stressed about preparing for what are supposed to be thegolden years, according to the Employee Benefit Research Institute’s 2017 Retirement Confidence Survey, the nation’s longest-running examination of its kind.
Goldman Sachs analyst Noah Poponak and team like the defense sector but have some concerns about Lockheed Martin (LMT), particularly its valuation. They explain:
Matt Cardy/Getty Images
We continue to hold an Attractive sector view on Defense, where Lockheed is the bellwether and owns one of the Pentagons fastest growing programs in the F-35. However, the remainder of the portfolio....More>>>
Over 16 million cars and light trucks will be sold in the U.S. this year, and millions more in the U.K. and Germany. Tapping into that market, Amazon (NASDAQ: AMZN) paid an extraordinary sum to launch an auto TV show, “The Grand Tour,” for its Prime members. Based on early results, the investment appears to have paid off. However, in keeping with tradition,Amazon did not offer exact....More>>>
Lululemon Athletica (NASDAQ:LULU) has caught my attention this afternoon as it looks like the stock is going to take off following earnings that seemed to be very strong with even better guidance. It is once again raising some eyebrows. This positive momentum could be an opportunity in a stock that has been in growth mode for years. But the question is, can the athletic wear company continue its....More>>>
U.S. stocks will be taking cues from central bankers more than usual in the coming week as investors await pronouncements from the Federal Reserve and clarification on the Bank of Japans easing efforts.
Stocks preserved weekly gains on Friday amid a selloff, with the Dow Jones Industrial ....More>>>
When buying a home, the most important numbers for mortgage lenders are the buyer’s credit score and the buyer’s debt-to-income ratio. The first is a summary of how the buyer has been managing debt and the second indicates whether the lender can reasonably expect the borrower to be