Davis Selected has bought 5.1% of MBIA (MBI). Just a few days ago, the fund put money into Merrill Lynch (MER).MBIA shares are rising on the news, up 11% to ... Read Full Story »
We didn't include only retail names on the 52-week lows today, but it could have been easy to do. The retail scene just didn't do too hot over Christmas and ... Read Full Story »
Joseph Lewis, one of the world's richest men, has bought more shares in Bear Stearns (BSC), and now owns more than 9.5% of the company, according to Reuters. The questions ... Read Full Story »
247WallSt.com wanted to bring a list of the best and worst in IPO's for 2007. We already gave a list of the large money losing IPO leaders of 2007 and ... Read Full Story »
247WallSt.com wanted to bring a best and worst in IPO's for 2007. Many investors look for recent IPO's that have seen the shares hit hard since coming public. Some of ... Read Full Story »
Ultralife Batteries, Inc. (NASDAQ: ULBI) announced that it has received an order worth approximately $40 million. The order is from a U.S. defense contractor to supply advanced communications systems and ... Read Full Story »
The Dogs of the Dow aren't necessarily the worst performers of the prior year, but they pay the highest the dividend yields. We wanted to review the 10 Dogs of ... Read Full Story »
Berkshire Hathaway (BRKA) has over $43 billion in cash on its balance sheet. It could buy most US public companies without borrowing a dime. Berkshire's chief, Warren Buffett could put ... Read Full Story »
Amazon.com (NASDAQ:AMZN) has announced some of its statistical results for the holiday shopping season. While it is labeled "it's best ever holiday season," other stores around the country and around ... Read Full Story »
Economists in China are becoming concerned that restrictions on bank loans could take the wind out of the sails of the country's rapid growth. "Too low a loan extension target ... Read Full Story »
Toyota (NYSE:TM) raised its forecasts for fiscal 2008 to 9.85 million vehicles, up 5.2% from the number of cars it expects to sell for its year ending March 31. That ... Read Full Story »
According to Reuters, Berkshire Hathaway (BRK) has bought control of Marmon Industries for $4.5 billion.Reuters writes that US retail sales were up a disappointing 3.6% for the holidays.Reuters reports that ... Read Full Story »
Markets in Asia were up with several closed.The Nikkei rose .7% to 15,654. Docomo (DCM) rose 1.6% to 190000. Toyota (TM) rose 1.6% to 6,180.The Shanghai Composite rose .6% to ... Read Full Story »