Business News
Buffett’s Berkshire swings to rare loss but performs better
OMAHA, Neb. (Reuters) – Warren Buffett lost money but had a pretty good quarter.
Month: May 2018
Trading Ideas
LIVE: Warren Buffett leads Berkshire Hathaway's annual shareholders meeting
Warren Buffett and Charlie Munger share there thoughts on business, investing, politics, financial markets, the economy, and anything else shareholders might ask about. …read more […]
Trading Ideas
Apple, Inc.'s 16% Dividend Increase — What You Need to Know
Apple wants to please its investors who are looking for income. …read more […]
Trading Ideas
How the Gold-to-Copper Ratio Can Make You a Smarter Investor
You’ve heard it for some time now…
The global economy is finally showing signs of improvement – especially over the past year or so.
Most economists and central bankers cite a slew of stats to justify their optimism.
Nonfarm payrolls… nominal and real GDP… consumer confidence surveys… employment statistics… the producer price index…
The list goes on and on.
I’ll admit: Scouring the endless stream of economic metrics released every other week isn’t an exciting way to spend your downtime.
Instead, there’s a simple shortcut to tracking the health of the global economy, courtesy of free markets.
It’s called the gold-to-copper ratio.
On the surface, gold and copper …read more […]
Business News
Berkshire operating profit soars, accounting change causes net loss
OMAHA, Neb. (Reuters) – Berkshire Hathaway Inc on Saturday ended its more than year-long stretch of falling operating profit, while a new accounting rule caused the conglomerate chaired by Warren Buffett to suffer an overall net loss.
Business News
House of Fraser shareholder Sports Direct sues over business plan
LONDON (Reuters) – A minority shareholder of Britain’s House of Fraser, Sports Direct , is suing the department store chain to gain access to its business plan, after House of Fraser announced a major restructuring this week.
Business News
Berkshire operating results improve; accounting change causes net loss
OMAHA, Neb. (Reuters) – Berkshire Hathaway Inc on Saturday ended its more than year-long stretch of falling operating profit, while a new accounting rule caused the conglomerate chaired by Warren Buffett to suffer an overall net loss.
Trading Ideas
Glare on Southwest highlights tense relationship between management, mechanics
NEW YORK/WASHINGTON (Reuters) – Federal investigators were assigned last year to monitor Southwest Airlines’ maintenance operations, the Federal Aviation Administration said on Friday, after whistleblower complaints of mistreatment of mechanics raised safety concerns. The agency found no rule violations, it said, and the assignment of additional inspectors was standard practice to preclude any deterioration in maintenance. …read more […]
Trading Ideas
Trump exit from Iran nuclear deal enters uncharted territory
If President Donald Trump follows through on his threat to pull the U.S. out of the Iran nuclear deal on May 12, the rest of the world will be thrust into uncharted territory, forced to navigate a complex web of U.S. sanctions that were lifted under the landmark accord but would ostensibly be put back in place. Would Trump re-impose sanctions on those who do business with Iran? How would Iran respond? …read more […]
Trading Ideas
Great Industrial Dividend Stocks For Every Portfolio
Industrial names generally suffer from deep cyclicality which can affect companies operating in areas ranging from machinery to aerospace to construction. Hence, considering economic volatility is of paramount importance whenRead More… …read more […]
Business News
Fidelity fires more than 200 over alleged misuse of reimbursement programs – WSJ
(Reuters) – Fidelity Investments has fired or allowed more than 200 employees to resign over alleged misuse of workplace-benefit programs, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Trading Ideas
Evangelical majority prefers Trump in 2020: Pastor Robert Jeffress
First Baptist Dallas Pastor Robert Jeffress says the Evangelical Christian community is more concerned with President Donald Trump’s economic and national security policies. …read more […]
Trading Ideas
Congressman introduces resolution to end Mueller probe
Indiana Congressman Todd Rokita (R) explains why he has introduced a resolution to end special counsel Robert Mueller’s investigation. …read more […]
Business News
Take Five: World markets themes for the week ahead
LONDON (Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming week and the Reuters stories related to them.
Trading Ideas
Analysts: US trade demands could make deal with China harder
A list of hard-line demands that the Trump administration handed China this week could make it even more difficult to resolve a trade conflict between the world’s two largest economies. A U.S. official confirmed the authenticity of a document outlining U.S. priorities that was presented to China ahead of two days of trade talks that ended Friday. …read more […]