Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of Pinnacle West Capital Co. (NYSE:PNW) by 38.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,514,179 shares of the utiliti
If past history was all there was to the game, the richest people would be librarians.
Investing, particularly investing well, is not the easiest game in the world. It requires a multitude of virtues like patience, keeping faith in your investment and the important ability to admit it when a mistake has been made. Even the doyen of investing....More>>>
Federal prosecutors are pursuing a potential settlement of their record-settingforeign corruption lawsuit that seeks$1 billion in assets, including future proceeds from the 2013 Hollywood hit movieThe Wolf of Wall Street.
Characterized by federal officials as the largest attempted seizure under anti-kleptocracy laws in U.S.history, the case targets officials who allegedly misappropriated....More>>>
Dave Nickerson’s mother, Catherine, is almost 95, but he says she’s as independent and self-sufficient as ever. A former schoolteacher, Catherine has lived for 65 years in the same house where Dave grew up, near Boston. And she’s made it very clear she intends to stay there. “She’s embedded in the community,” Dave says.
NEW YORK, NY – SEPTEMBER 28: Mark Cuban speaks onstage during the THRIVE with Arianna Huffington panel at The Town Hall during 2016 Advertising Week New York on September 28, 2016 in New York City. (Photo by Slaven Vlasic/Getty Images for Advertising Week New York)
During the NBA All-Star Technology Summit in New Orleans, Dallas Mavericks owner Mark Cuban shared a bold prediction about....More>>>
Genworth (NYSE:GNW) has agreed to be acquired by China Oceanwide and partners for $5.43 per share. Genworth trades at a huge discount to the announced merger price because of doubt that the deal will succeed. If the merger is successful, it offers 65% upside from the current price, or approximately 130% annualized.
Genworth is currently an orphan equity with no clear shareholder base. The....More>>>
With a few days left in the tax year, there are a number of articles advising taxpayers to take certain steps now to save on taxes for 2016. But not all advice is equal – and those “tax saving” moves aren’t for everyone. Here are nine year-end money moves that many taxpayers should avoid:
1. Stock Harvesting. Taxpayers are often told to “Sell,....More>>>
Toshiba’s chairman is stepping down after the Japanese company reported a $6.3 billion writedown at its troubled U.S. nuclear business.
The massive hit dragged the struggling conglomerate to an estimated net loss of $4.4 billion for the nine months ending December 31, raising concerns about whether it can survive its latest financial woes.
Brookfield Asset Management Inc. increased its position in Union Pacific Co. (NYSE:UNP) by 57.4% in the first quarter, Holdings Channel reports. The fund owned 27,970 shares of the railroad operator’s stock after purchasing an additional 10,200 shares during the period. Brookfield Asset M
Stocks opened lower on Monday on concerns about the trade spat with China, but recovered somewhat during the session. TheDow Jones Industrial Average (DJINDICES:^DJI)and theS&P 500 (SNPINDEX:^GSPC)both closed in negative territory, but near highs for the day.
Crypto mania has worn off a bit so far in 2018, with the price of bitcoin falling back from its stratospheric rise in 2017. Recent concerns that include exchange hacking episodes, adverse regulation in some foreign countries, and charges of price manipulation have cooled off the market for bitco