Robert Mellor, CEO of Building Materials (BLG) made over $850,000 in base compensation last year, according to the company proxy. There is no reason to think he will not do as well in 2008.…
These are some of the very early morning upgrades and positive calls we have seen from the analyst community this Friday morning: Emcore (EMKR) Started as Buy at Stanford Research. IAMGold (IAG) Started as…
These are some of the early analyst calls we are seeing early this Friday morning: Comverse Technology (CMVT) Cut to Neutral at JPMorgan. Ctrip.com (CTRP) Cut estimates and maintained Buy but target cut 1/3…
Car sales in China may not have gone negative year-over-year, but they are getting close. In July, sedan sales were only up 1.9%. If SUVs and light trucks are thrown in, the increase was…
It boggles the mind that US consumers could spend more on gas than they do on cars. But, that is precisely what happened two months ago. Gasoline accounted for about 4.4 percent of spending…
During the second quarter, the GDP of Hong Kong was up 4.2%. Analysts had forecast that number at 5.3%. While the "colony" is somewhat walled of from the mainland, the economies of the two…
The New York Times reports that T-Mobile will be the first carrier to offer a cell phone powered by Google’s (GOOG) much-anticipated Android software. HTC will provide manufacturing, and the phone could be on…
Harbinger Capital Management recently disclosed a 4.9% stake in Cablevision (NYSE: CVC), the broadcasting empire that has been criticized for a its self-serving, family-run management. The Wall Street Journal quotes a few analysts who…
According to Reuters, Ford (F) will build a news luxury crossover vehicle. Reuters writes that Merrill Lynch (MER) will freeze all hiring through the end of the year. Reuters reports that the FAA proposes…
Markets in Asia were mixed. The Nikkei rose .5% to 13,019. Fijufilm fell 15.3% to 3430. Honda (HMC0 rose 11.7% to 3720. The Hang Seng fell 1.3% to 21,112. Tencent Holding fell 4% to…
Tonight we received the quarterly filings for Cascade Investment LLC, which shows the personal investments of Bill Gates. While the investment vehicle listed many unique holdings out there that were much the same as…
So far there are some changes seen in the holdings of Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A). We have consolidated these into groups and this group is from A to G, and…
These are more of Warren Buffett’s and Berkshire Hathaway Inc. (NYSE: BRK-A) holdings as of June 30, 2008: Home Depot Inc. (NYSE: HD) 4,181,000 shares Ingersoll-Rand (NYSE: IR) 5,636,600 shares Iron Mountain (NYSE: IRM)…
These are the last of Warren Buffett’s and Berkshire Hathaway Inc. (NYSE: BRK-A) holdings as of June 30, 2008: Torchmark Corp. (NYSE: TMK) more than 3.51 million shares in multiple lots US Bancorp (NYSE:…
Today was an interesting ride in the 52-week low club after we have seen very volatile markets. While oil fell $1.00 and while the S&P, NASDAQ, and DJIA were up most of the day,…
According to Reuters and The New York Post, T. Boone Pickens’ BP Capital hedge fund was down 35% in July. The fund manages $7 billion. Of course, that loss is probably only on paper.…
To hear it from CNBC, you would have thought the world had come to an end for Netflix (NFLX). "It started this morning with an email apology from online movie rental…
If there is a single industry that would be in jeopardy today even if the economy turns, it is the newspaper business. Gannett Co. Inc. (NYSE: GCI) is one of the few newspaper and…
On today’s Olympics-shortened and rescheduled MAD MONEY on CNBC at 1:30 PM EST, Jim Cramer actually hosted Martha Stewart, founder of Martha Stewart Living Omnimedia Inc. (NYSE: MSO). It’s probably no surprise, but Cramer…
Have you tried going into a Toyota dealership to buy a new or used Toyota Prius over the last 12 to 18 months? If you said yes, then you know you can’t really get…