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Berkshire Hathaway's 2017: Tax Reform Windfall, Insurance Losses From Hurricanes, Younger Executives Promoted
Saturday, February 24, 2018 - 11:46am | 1267Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) gained $65.3 billion in value in 2017 and outperformed the S&P 500, posting a 21.9-percent rise in market value versus the index's 21.8-percent addition, CEO Warren Buffett said in his annual shareholder letter Saturday. Only $36 billion of...
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Envision Healthcare Fundamentals Are 'Questionable,' Expect A Sell-Off
Wednesday, November 1, 2017 - 10:54am | 683Shares of Envision Healthcare Corporation (NYSE: EVHC) were trading notably lower by more than 30 percent Wednesday morning in reaction to the company's disappointing earnings report. Envision Healthcare cited the impact of hurricanes Harvey and Irma for its poor performance in the quarter, but...
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How Recent Hurricanes And Earthquakes Can Actually Benefit Reinsurance Investors
Tuesday, October 17, 2017 - 2:46pm | 1053In a context of geopolitical instability, devastating natural disasters and record-high market valuations, finding investments that can protect investors from market sell-offs isn't easy. However, having a diversified portfolio is fundamental: Prioritizing stability and predictability over...
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Cramer: The Bull Market Is Fueled By These 7 Negative Catalysts That Turned Positive
Sunday, October 8, 2017 - 5:34pm | 505Many market veterans with decades of experience on Wall Street are struggling to explain the strength of the stock market at a time when the news is full of concerning headlines, CNBC's Jim Cramer suggested during his daily "Mad Money" show recently. In fact, the level of optimism appears to be "...
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What A Waste: Advanced Disposal Services Likely Hit Hard By Hurricanes
Wednesday, October 4, 2017 - 9:55am | 329One man’s trash stock is... another man’s trash. This year’s devastating hurricane season turned a lot of goods into a lot of garbage, but the mounting heaps of personal belongings and infrastructure debris in Texas, Florida and other storm-struck states didn’t merit...
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Hurricanes Provide An Underappreciated Tailwind For Generac
Monday, October 2, 2017 - 12:00pm | 367Analysts at KeyBanc Capital Markets turned bullish on Generac Holdings Inc. (NASDAQ: GNRC) after chatting with the company's CEO Aaron Jagdfeld. The firm's Jeffrey Hammond upgraded Generac's stock rating from Sector Weight to Overweight with a newly assigned $55 price target. Generac's earnings...
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PPG Industries Takes A Hit From Natural Disasters, But Buyers Aren't Deterred
Monday, September 25, 2017 - 1:18pm | 355On Monday morning, PPG Industries, Inc. (NYSE: PPG) updated its guidance and informed investors that the recent natural disasters, including hurricanes Maria, Irma and Harvey and the earthquakes in Mexico, will cost the company between 5 and 10 cents in diluted EPS in the third quarter. Despite the...
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As Hurricanes Blow Over, What Could Oil And Gasoline Prices Do Next?
Wednesday, September 20, 2017 - 12:50pm | 720The nation continues to assess the economic and humanitarian impact of hurricanes Harvey and Irma, even as new storm clouds build on the horizon in the form of Hurricane Maria. One area where the storm’s impact appears to be receding is at the pump - the national average price for a gallon of...
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Investors Have 'Blind Faith' In The Bull Run, But Is It Really Needed?
Saturday, September 16, 2017 - 10:21am | 366Investors who have "blind faith" in the stock market's bull run aren't necessarily in the wrong, CNBC's Jim Cramer said during a recent "Mad Money." In fact, investors having "blind faith" in the stock market are one of the most important elements to a bull...
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3 I's Of Why You Should Own Generac: Irma, International, Industrial
Friday, September 15, 2017 - 4:14pm | 292Generac Holdings Inc. (NYSE: GNRC), an American manufacturer of backup generators, has been thrust into the investor spotlight again after Hurricane Irma. One week after the Category 5 hurricane decimated Florida, over 2.5 million households in Florida and surrounding states are still left without...
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Choppy Waters Ahead For Carnival Corp?
Friday, September 15, 2017 - 10:50am | 373Amid significant swells in supply and rising threats to demand, cruise lines are preparing for foul winds ━ and some are cautious to board. On Friday, Credit Suisse halved its 2018 yield growth estimates for Carnival Corp (NYSE: CCL) from 3 percent to 1.5 percent, lowered its earnings per share...
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Hurricane-Related Transit Destruction Could Lead To Price Hikes, Busted Contracts
Wednesday, September 13, 2017 - 3:39pm | 834Hurricanes Harvey and Irma body slammed two of the biggest export-import hubs in the world, and the impact on prices and shipping costs will be felt for months in places far removed from the scenes of destruction. The impact on ports — Houston alone is the world’s sixth-largest —...
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Hurricane Investment Prep: Timber ETFs
Monday, September 11, 2017 - 8:47am | 541In the wake of Hurricane Harvey and in anticipation of Hurricane Irma, some investors have been paying renewed attention to timber and forestry exchange-traded funds. The dominant names in that group are the Guggenheim MSCI Global Timber ETF (NYSE: CUT) and the iShares Global Timber & Forestry...
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Storms, Streaming And 'Star Wars': An Updated Disney Outlook
Friday, September 8, 2017 - 4:07pm | 616Walt Disney Co (NYSE: DIS) is expected to take a hit from its considerable presence in Florida as Hurricane Irma closes in on the Sunshine State. JP Morgan has lowered its fourth-quarter estimates on the media giant due to lower domestic parks revenue expected from the impact of colossal storm....
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The Deadliest Hurricanes In US History: Amid The Carnage, A Human Cost
Friday, September 8, 2017 - 2:23pm | 731Natural disasters leave people homeless, penniless, without photos or mementos that enshrined a special time. Such calamities physically tear families apart and leave them traumatized, with wounds both physical and psychological that often never heal. They’re the lucky ones. Hurricane Harvey...