Groupon (GRPN ) made headlines Tuesday after (IBM ) announced a $167 million lawsuit for violation of four of its e-commerce IPs. The tech giant claims that while Amazon (AMZN ) , Facebook (FB ) , and Google (GOOGL ) each pay between $20 million and $50 million for use of these technologies,
What to do about Kraft-Heinz (NASDAQ:KHC)? One of Berkshire Hathaway’slarger holdings (Berkshire owns roughly 26.7% of shares outstanding, controlling the company in tandem with Brazilian investment firm 3G Capital),Kraft’s stock has tumbled roughly 28% in 2018, as the consumer packaged foods industry (“CPG”) has come under pressure.
The nation’s top banking regulator identified problems with Wells Fargo’s sales practices as far back as 2010but failed to take timely action to halt the abuses that ultimately exploded in scandal six years later, a new government report says.
Compiled by two divisions of the Office of the Comptroller of the Currency, the internal report posted online Wednesday said the federal....More>>>
Treasury yields edged lower Thursday to extend their weeklong slide, with the 10-year government bond ending at its lowest level in about seven weeks.
But yields were higher across the board in the first quarter of the year, with short-dated rates seeing the brunt of the rise. Concerns that a flare-up in inflation would push the Federal Reserve to raise rates faster than expected led to the....More>>>
3 New Thoughts From the AXA US Individual Annuities Chief
Indexed Life Sales Rise 10%: Wink
John Doak, the Oklahoma insurance commissioner, today gave members of a Senate panel advice that would please many health insurance agents and brokers: He called for the Senate Committee on Health, Education, Labor and Pensions to investigate the....More>>>
La-Z-Boy (NYSE:LZB) is currently operating in an industry that has lagged behind the growing economy. The company seemingly benefits from both ends of the business cycle: peak and contraction. The company benefits from new home sales through outfitting new homes with decor. Home sales are typically strong during the peak of the business cycle, which this company benefits from. LA-Z-Boy can also....More>>>
Axa SA is in advanced talks to buy XL Group Ltd., a property and casualty insurer with a market value of $11 billion, people familiar with the matter said.
A deal could be announced in coming days, said the people, who asked not to be identified because the matter isn’t public. XL has also attracted interest from insurers including Germany’s Allianz SE, Bloomberg reported....More>>>
Zinc may not immediately come to mind as an important metal for the global economy, but its actually the fourth most common metal in use -trailing only iron, aluminium and copper. Thats because zinc wouldmost commonly be used as an anti-corrosion agent and for galvanization (coating of iron or steel) plus for otherindustrial purposes (e.g. used as pigments,preservatives, propellants etc). Zincwasalso....More>>>
I love to be invested in long-term trends that are certain to happen in the next five or 10 years. I strongly believe the market is myopic and therefore those who don't focus on the new tax bill or the next two quarters can reap extraordinary returns with little risk.
Quadrature Capital Ltd bought a new stake in shares of Immersion Co. (NASDAQ:IMMR) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 21,114 shares of the software maker’s stock, valued at appro
The best investments are those where, opposite to popular opinion, one does not have to be the smartest person in the room. The best investments are ones where the odds of success are so far tilted to ones favor that even if so much can be wrong in one thesis, you still end up d