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ArchiveSurprise Upside (XOM, POT, AKAM, PEP, RYL, BTX)Posted by Geoff Seiler at 4:39PM on April 26th
Every time the market has shown signs of pulling back this year, it has rallied strong. This week was no exception, with stocks up nicely the last two days. The jump in the market was somewhat surprising, though, as earnings…  Stocks Wrap Up Best January in Many Years (XOM, UPS, ALGN, RSH, REE)Posted by Geoff Seiler at 4:56PM on January 31st
Stocks ended a strong January on a mixed note, following some mixed economic and earnings reports. It was the S&P’s best start to the year since 1997. Over in Europe, Portugal got its time in the spotlight today, as its… October 2011 Set to Be One of the Strongest Months for Stocks Ever (AKAM, NSC, XOM, MO, STP, TQNT)Posted by Geoff Seiler at 4:43PM on October 27th
With today’s big gains, October is now set to become one of the strongest months for stocks ever, with two trading days left in the month. Europe once again was the spark, as EU leaders, banks, and the IMF reached… This Week in Billionaires: Icahn Makes an Offer, Sprott is Going Global (CLX, BIIB, DYN, MMI, DIS, MSFT, XOM, TEVA, MON, CVS, GE, PG, WMT, AG, AUY, SLW)Posted by Eric Monte at 2:55PM on July 21st
Shares of Clorox (CLX) traded higher this week after billionaire investor Carl Icahn offered to acquire the consumer products giant for $10.2 billion. Icahn’s offer valued California-based Clorox at $76.50 a share, or a 12% premium to where the stock closed… Bridgewater’s Culture, Performance Not Typical Among Hedge Funds (GE, DIS, EEM, IVV, LQD, VWO, MSFT, ORCL, XOM)Posted by Eric Monte at 11:59AM on July 18th
Bridgewater Associates, the world’s largest hedge fund, may be home to one of the most unusual cultures in the hedge fund universe, but that doesn’t stop the firm from consistently trouncing its rivals. Last year, Bridgewater’s flagship fund, Pure Alpha,… Berkshire May Make A Run At Citi Unit (C, BRK.A, AXP, BK, MTB, USB, WFC, LUK, GE, KFT, PG, XOM, BRK.B)Posted by Todd Shriber at 11:38AM on July 6th
Shares of Citigroup (C), the third-largest U.S. bank by assets, are down 2% despite news that financial services conglomerate Berkshire Hathaway (BRK.A, BRK.B) is among the parties that is interested in bidding for the bank’s consumer lending business, a unit that could… BYD Shares Surge On News Buffett Won’t Bail (BYDDF, BRK.A, AXP, GE, KFT, KO, WFC, BK, PG, XOM, BRK.B)Posted by Jason Smith at 11:59AM on July 1st
Shares of BYD Co. (BYDDF) soared in China trading after the company’s chairman, Wang Chuanfu, said Berkshire Hathaway (BRK.A, BRK.B) has no plans to cut its stake in the Chinese automaker. Wang dismissed speculation that Berkshire was looking to reduce its investment… This Week in Billionaires: Buffett Explains, Paulson’s Luck Turning? (BAC, C, STI, HIG, COF, BRK.A, XOM, COP, APA, DVN, NOV, OXY, SU, BRK.B, SNOFF)Posted by Eric Monte at 2:46PM on June 30th
John Paulson spoke out this week about his firm’s now disastrous investment in Chinese-Canadian timber Sino-Forest Corporation (SNOFF). Paulson told investors in his advantage funds that the Sino-Forest bet had gone the wrong way to the tune of $574 million, according… Chesapeake Gets Another Nod From Cramer (CHK, CVX, COP, DVN, XOM, APC, EOG, WMB)Posted by Todd Shriber at 11:55AM on June 29th
Shares of Chesapeake Energy (CHK), the second-largest U.S. natural gas producer, are soaring 2% after CEO Aubrey McClendon appeared on Jim Cramer’s “Mad Money,” an appearance that saw McClendon continue to rebut recent piece by the New York Times that was highly… Morning Spy: LinkedIn Roars Back, Citi News Stays Ugly (LNKD, YOKU, ISS, TTI, TZOO, C, AAPL, XOM, NKE)Posted by Eric Monte at 10:28AM on June 28th
The markets are trading with solid gains on Tuesday morning. The markets might be gaining today because the Shiller Home Price Index showed a monthly increase in prices for the 10 and 20 city composites for the first eight months.…  |
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