courtesy of WhiteHouse.govBerkshire Hathaway Inc. (NYSE: BRK-A) has released its holdings as of the end of the first quarter of 2014. We were originally not expecting many major changes to the portfolio. It turns…
Three years after Apple's retail chief took over as CEO of J.C. Penney and set a course that nearly ruined the company, the century-old retailer is back. It has proven it can become a…
thinkstockMay 15, 2014: Markets opened lower on Thursday and traded lower all day as the market headed for its second straight losing day. The 10-year Treasury note was in demand again today, pushing yields…
ThinkstockIn the round of 13F filings with the Securities and Exchange Commission, it turns out that the activist and special situation hedge fund ValueAct Capital Management, L.P. made some big changes. First and foremost,…
Kyle Bass of Hayman Capital Management has been busy in the first-quarter portfolio changes. The value of stocks held as of March 31 was $1.042 billion. The group’s 13F filing three months ago showed…
ThinkstockMost Americans think that the state they live in is also a good place for racial and ethnic minorities to live. In a recent poll of all 50 states, the highest scoring state is…
ThinkstockWorldwide, people 15 and older consumed 6.2 liters of alcohol per person in 2010, according to a recent World Health Organization (WHO) report. Alcohol, in turn, contributed to some 3.3 million deaths as of…
When retail behemoth Walmart reported its first-quarter earnings, the headlines and the reaction were atrocious. Now that the dust has settled, the question to ask if these results were really that bad.
Cisco Systems managed to beat a low bar in its third-quarter earnings report, and CEO John Chambers guided estimates ahead that were full of less revenue contraction than expected.
3D printing company ExOne reported a bigger-than-expected first-quarter net loss before markets opened Thursday morning. The company still expects to boost its revenues up to 50% for the full year.
ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index for May slipped to 45 from a downwardly revised reading of 46 in April. The reading was below a consensus forecast of 49…
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 105 billion cubic feet for the week ending May 9. That compared with an expected increase of around…
Fitch pointed out that RadioShack had not received consent from its lenders to close up to 1,100 stores as contemplated by management. Fitch thinks this will lead it to close only 200 stores.
New General Motors CEO Mary Barra has barely been in her job four months, but she could be gone almost immediately. The worse the GM recall crisis becomes, the more the board needs a…
General Motors issued five new recall notices Thursday morning, affecting some 2.7 vehicles. The share price dipped about 1% on the announcement.