The three major U.S. stock indexes opened flat this morning, and after a brief stay in positive territory, shares went negative and remained no better than flat for most of the day.…
The Washington Post Co. (NYSE: WPO) is once again the envy of the newspaper industry. The last time investors were so bullish about the company is when Wall St. saw the huge profits from…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings showing that there have been some significant changes in the positions of the Berkshire…
NokiaMobile phone maker Nokia Corp. (NYSE: NOK) has agreed to sell a portfolio of more than 500 patents to Vringo Inc. (NYSEMKT: VRNG) for an undisclosed sum. Nokia will retain some ongoing…
Vringo Inc. (NYSEMKT: VRNG) is the latest company to surge on patent news. We have seen news that the video ringtone company has reached a settlement with AOL Inc. (NYSE: AOL), and…
Hedge fund manager Leon Cooperman, who is chairman and CEO of Omega Advisors, remains bullish on select equity investments. In a presentation at CNBC’s ‘Delivering Alpha’ conference this Wednesday, Mr. Cooperman’s take…
The three major US stock indexes opened lower this morning following some lackluster data on the US economy. The Empire State manufacturing data improved, but retail sales posted an unexpected decline (our…
The three major US stock indexes opened higher this morning following the release of Chinese GDP and other data. The Middle Kingdom’s GDP grew at a rate of 7.6% in the second…
The argument goes that if News Corp. (NASDAQ: NWS) spins off its print businesses, they will be unable to keep their editorial costs at current levels. Some of the properties in this…
Spain’s borrowing costs continued to be unsustainable a day after Moody’s downgraded 28 banks based there. The yield on three-month paper was 2.362%. It was 3.23% for six-month bonds. The rates were…
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…
Warren Buffett may be the only newspaper owner in American who wants to support the business. In addition to his ownership of daily newspapers in Omaha and Buffalo, he recently bought a…
Alibaba will buy back 20% of its shares held by Yahoo! (NASDAQ: YHOO). The consideration Yahoo! will get is $7.1 billion. That sum is “composed of at least $6.3 billion in cash proceeds…
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. …
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,…
