The three major US stock indexes opened higher this morning despite the refusal of the European Central Bank to lower its interest rates (our story here) and a lower-than-expected rise in US…
Lee Enterprises, Inc. (NYSE: LEE) is a tiny media company with news and advertising. It serves midsize and small markets in the United States with 52 daily and 39 Sunday newspapers, as…
Publicly traded companies, by definition, have many shareholders. The company’s management is supposed to be accountable to those shareholders. As it turns out, however, in some cases shareholders have limited power, and in…
When Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-B)(NYSE: BRK-A) made the acquisition of Burlington Northern Santa Fe, the speculation was that more rail mergers could be expected. After all, if Warren…
DaVita Inc. (NYSE: DVA) is facing a bit of a drag on its announcement that it is spending some $4.4 billion to acquire HealthCare Partners. This is a transformative deal because DaVita…
The 16-member board of directors of Canadian Pacific Railway Ltd. (NYSE: CP) today includes 7 new members nominated by William Ackman and his hedge fund, Pershing Square Capital Management. The new board…
It is no secret that the newspaper business has not been a good sector over the last decade. Subscriptions declined about as fast as the number of smokers did in the 1990s. …
24/7 Wall St. published the full list of positions already for Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A). While there were some surprises out there and 24/7 Wall St. tracked some of…
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 March 31,…
24/7 Wall St. asked CoreBrand to identify America’s hottest brands. We wanted to know the biggest brands that were the best known and most well regarded. Read: America’s Hottest Brands Generally, most…
Ingersoll-Rand Plc (NYSE: IR) is often overlooked as a key company despite a nearly $13 billion market value. The news is out that Nelson Peltz has taken a 7.1% stake in the company via…
For some reason, Europe’s largest stock markets have shrugged off election results in Greece and France. Many indexes are down, particularly in Greece. But the markets the world watches most closely —…
Warren Buffett surprised investors when he said Berkshire Hathaway (NYSE: BRK-A) may buy more newspapers. It already owns the daily in Buffalo and recently bought the paper in Omaha, which is where…
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 he still…
Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK-A), during the firm’s annual meeting, claimed that he looked at a huge buyout recently, which would have cost $22 billion. Buffett says he did not make a deal…
