For the two weeks that ended on May 15, short sellers hit old and new Internet site companies alike. Among firms that had IPOs recently, the short interest in Zynga (NASDAQ: ... Read Full Story »
Wells Fargo & Company (NYSE: WFC) has replaced J.P. Morgan Chase & Co. (NYSE: JPM) as the safest bank in America. This did not happen overnight and it is not ... Read Full Story »
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings for the Berkshire Hathaway empire. This cut off date is as of ... Read Full Story »
J.P. Morgan Chase & Co. (NYSE: JPM) has done some severe damage to its image as the best risk manager of the large banks, and this damage may easily carry ... Read Full Story »
Warren Buffett hosted the Berkshire Hathaway Inc. (NYSE: BRK-A) over the weekend and this Monday morning he gave a long interview to CNBC. In the interview Mr. Buffett noted how ... Read Full Story »
France and Greece are not the only nations in which the forces of austerity suffered a setback. The party of Angela Merkel, the champion of government cost cuts across Europe, gave up ground ... Read Full Story »
Barclays, the UK based bank, has decided to move into the US online bank business. The move is a mystery given the competition from American banks, brokers, and financial advisors. ... Read Full Story »
This weekend has perhaps the most widely followed annual meeting from any public company in America as Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) will have its shareholder meeting in ... Read Full Story »
The financial sector was the best performing index out of the S&P 500 during the first quarter. That was when investors were decoupling from the woes of Europe. With European ... Read Full Story »
Several CEOs and founders of well-known American companies have complete control over their companies. Through voting power, they control the boards and strategic decisions of these corporations. The best current ... Read Full Story »
Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) will be in the news quite a bit now that the world's most famous investor, chairman Warren Buffett, has been diagnosed with prostate ... Read Full Story »
Warren Buffett is supposed to be invincible. Unfortunately the world is finding out that this is not the case. A disclosure letter came from Mr. Buffett and Berkshire Hathaway Inc. ... Read Full Story »
Earnings season for the first quarter of 2012 is upon us and 24/7 Wall St. wanted to see how the tale of the tape is treating the companies reporting earnings. ... Read Full Story »
Markets opened lower this morning and by mid-morning equities were trading down about -1% across the board, where they have mostly remained for the rest of the day. Worries about ... Read Full Story »
Wells Fargo & Company (NYSE: WFC) is out with its first quarter earnings and the reaction looks a bit mixed on the surface. The bank reported earnings growth of 11% ... Read Full Story »