Almost every week now a private equity or hedge fund walks away from a transaction to take a public company private. In most cases the public company boards try to ... Read Full Story »
The uproar about Heparin, a widely-used drug marketed by Baxter International (NYSE: BAX), is just beginning. As The Wall Street Journal writes "Baxter said the active ingredient for its heparin ... Read Full Story »
The Dow and the TSX ended higher despite late-week selling on poor U.S. economic data. Warren Buffett made an offer to support the municipal bond insurance business that – even ... Read Full Story »
Laszlo Birinyi of Birinyi Associates, Inc. is one of the more frequently watched portfolio managers by the public. The reason is not that he is one of the largest fund ... Read Full Story »
This week we got to see critical SEC filings showing holdings of many key and influential investors. Included in these filings were billionaire George Soros, a billionaire whom is loved ... Read Full Story »
On Tuesday we’ll get to see earnings out of Whole Foods Market Inc. (NASDAQ: WFMI). The estimates from First Call are $0.36 EPS on $2.42 billion in revenues. Next quarter ... Read Full Story »
Tuesday we’ll get to see earnings out of Wal-Mart Stores Inc. (NYSE: WMT). The estimates from First Call are $1.02 EPS on $106.9 billion in revenues. Next quarter estimates are ... Read Full Story »
After the market closes on Tuesday we’ll get to see earnings out of Hewlett-Packard Co. (NYSE: HPQ). The estimates from First Call are $0.81 EPS on $27.59 billion in revenues. ... Read Full Story »
If muni-bond insurers like Amback (NYSE: ABK) and MBIA (NYSE:MBI) are forced to break into two pieces, some banks could be badly hurt. The halving of the firms would leave ... Read Full Story »
Below are most of the equity holdings listed for Bill Gates' own Cascade Investment, L.L.C. as of December 31, 2007. These were disclosed in a filing late in the week. ... Read Full Story »