Hong Kong GDP Misses Forecasts
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…
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…
We just got to take a look at the JUNE 30 holdings of Nelson Peltz via an SEC filing of his TRIAN FUND MANAGEMENT GROUP. If you look throughout full filing you’ll see that…
We are seeing something a bit unusual considering the current climate for airline stocks. US Airways Group, Inc. (NYSE: LCC) has announced today that it will sell 19 million shares of common stock in…
One of the most significant spikes in volume today is the move of Power Medical Interventions (PMII). The stock is down about 40% at 10.50 AM on weak earnings. VSInvestor.com is also covering the…
Existing home sales rose in Q2 over Q1, but this is on major price cuts according to the latest report from the National Association of Realtors. This says that one-quarter of cities (35 out…
A chance like this only comes along rarely. CBS (CBS), which is trading at just above $17, down from a 52-week high of $32.97, could spin-off CNET. The large collection of tech websites has…