Reuters: China is now Africa’s largest trading partner. Reuters: Australia says China’s latest Rio Tinto (RTP) charges are not new. Reuters: Publicis will buy Razorfish from Microsoft (MSFT). Reuters: UBS (UBS) tax…
Buffett Spit-Shines Berkshire Earnings (BRK-A, BRK-B, COP, GS) Berkshire Hathaway Inc. (BRK-A, BRK-B) has just released earnings for its second quarter. Warren Buffett and friends reported earnings of some $3.3 billion, or…
Everyone is making money off of the break-up and financing of AIG (AIG) except the insurance company itself and the taxpayers who put up $180 billion to save it. One of the…
Reuters: A bubble may be forming in the corporate bond market. Reuters: Wall St. firms have made $1 billion on the break up of AIG (AIG). Morgan Stanley(MS), Goldman Sachs (GS), JP…
The stock price of Berkshire Hathaway (BRK-A) hit $100,000 today, up from a 52-week low of $70,000, but still well off its period high of $147,000. Berkshire’s chief Warren Buffett has made…
Reuters: Video games hope to make a comeback with new titles and price cuts. Reuters: “Cash for clunkers” should help July car figures. Reuters: USB (UBS) shares should do well after it…
Andrew Cuomo, who is running for governor of New York State without having announced it, is denouncing Wall St. because of its big pay packages while in his current role as state…
Reuters: Unemployment is causing further stress in the housing market. Reuters: The Microsoft (MSFT) deal with Yahoo! (YHOO) may have challenges with regulators. Reuters: Sony (SNE) lost money on weakness in its…
We may soon see if Goldman Sachs Group Inc.’s (Nasdaq: GS) argument that government attempts to curb energy market speculation will have unwanted consequences. All signs point to the CFTC putting in…
Douglas A. McIntyre This morning came a key analyst downgrade, in the brokerage firm sector itself. The analyst team at Goldman Sachs Group Inc. (NYSE: GS) downgraded shares of rival Morgan Stanley (NYSE: MS). The…
Reuters: Obama says healthcare reform is essential to the recovery. Reuters: CIT (CIT) bond advisers will push for Chapter 11. Reuters: Democrats will fight with banks on consumer agency. Reuters: Amazon (AMZN)…
It has only been a week since everyone was drawing that TARP repayment by Goldman Sachs Group, Inc. (NYSE: GS) as being on the cheap after the investment banking firm, a.k.a. bank…
Douglas A. McIntyre Economists debate the impact of the U.S. economic stimulus plan, and if a second round of stimulus is needed. But there’s no doubt that China’s plan is working for us. In the…
Several research firms publish data on corporate reputations each year. It is not difficult to predict which companies are likely to be on the section of these lists where there has been…
Investor Mark Mobius gets placed in the pantheon of money men including Soros and Buffett. He may not be as rich, but he has been in the market for decades and has…
