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The So-Called 'Buffett Indicator' Hits All-Time High
Wednesday, August 26, 2020 - 5:15pm | 695The SPDR S&P 500 ETF Trust (NYSE: SPY) was up another 1% on Wednesday to new all-time highs, while the underlying U.S. economy continues to struggle with a COVID-19-driven recession. The disconnect between the health of the economy and the bullish momentum in the stock market has baffled some...
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Berkshire Hathaway Unit Precision's $734M Award Against German Pipemaker Upheld By New York Court
Wednesday, July 15, 2020 - 11:44pm | 376United States District Court in Manhattan on Wednesday upheld an arbitration panel's decision to award $734 million to Berkshire Hathaway Inc's (NYSE: BRK-A) (NYSE: BRK-B) subsidiary Precision Castparts Corp. against a German pipemaker that purportedly inflated revenue and...
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Goldman Sachs Investor Presentation On Bitcoin Released, Gets Crypto Community Angry
Thursday, May 28, 2020 - 7:14am | 646Goldman Sachs Group Inc. on Wednesday (NYSE: GS) published a presentation titled "U.S. Economic Outlook & Implications of Current Policies for Inflation, Gold and Bitcoin" ahead of an investor call. Goldman Says BTC Not An ‘Asset Class' The investment bank's views on...
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StoneCo Surges 27% As Company Reports Growth In Payment Volume In Q1
Wednesday, May 27, 2020 - 2:00am | 225The shares of StoneCo Ltd. (NASDAQ: STNE) surged in the after-hours session on Tuesday, as the Brazilian financial technology company reported earnings for its first quarter ending March. Q1 Earnings StoneCo posted a total revenue of $134 million, up 33% from the $100.2 million reported in the same...
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Barron's Picks And Pans: Berkshire Hathaway, Carvana, Madison Square Garden And More
Saturday, May 2, 2020 - 3:45pm | 721This weekend's Barron's cover story examines how consumer spending will affect the economic recovery. Other featured articles offer energy stock and bond picks, as well as retail stocks poised to thrive. Also, the prospects for Warren Buffett's empire, a used car purveyor and an iconic...
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Ariel Chairman John Rogers Thinks Current Market Is 'Once In A Lifetime Opportunity To Buy Stocks'
Thursday, March 26, 2020 - 5:59am | 565Ariel Investments Chairman, John Rogers, advocates making the most of the rout in equities, advising investors to consider it the opportunity of a lifetime. Once In A Lifetime Opportunity The sharp sell-off in equities is a buying opportunity that does not present itself often, and investors should...
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The Already Troubled Airline Industry Pleads For State Relief – Are US Airlines Safe?
Tuesday, March 17, 2020 - 11:49am | 747The Coronavirus pandemic is upon Europe as the World Health Organization officially declared it as the new epicentre of the COVID-19. When Trump declared a state of emergency on Friday, the situation quickly deteriorated even for US airlines. The situation is only getting worse as Germany and...
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Barron's Picks And Pans: Berkshire Hathaway, Bitcoin, Roku And More
Saturday, February 15, 2020 - 5:30pm | 759This weekend's Barron's cover story explores what comes next for the empire that Warren Buffet built. Other featured articles present the annual ranking of top fund families, examine regulatory issues at tech giants and review the performance of former Dividend Aristocrats. Also, the...
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Crypto Industry Celebrates Bitcoin Whitepaper 11th Anniversary
Friday, November 1, 2019 - 4:31am | 484The world’s first cryptocurrency Bitcoin celebrated its 11th birthday on Oct. 31. This is the day when an anonymous actor(s) publicly introduced the digital currency in a whitepaper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System,” under the name Satoshi Nakamoto. The...
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Barron's Picks And Pans: Alibaba, Citizens Financial, FAANG Stocks And More
Sunday, October 21, 2018 - 5:42pm | 800This weekend's Barron's cover story shows why emerging markets may be ready to rebound. Other featured articles examine why stocks will rally in 2019 and how to play preferred stock as yields rise. Also: the prospects for Chinese internet giants and the FAANG stocks. "Today's...
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76% Of Americans Would Skip The Final 'Game Of Thrones' Season For $1,000
Sunday, January 28, 2018 - 5:51pm | 466Time Warner Inc (NYSE: TWX)'s hit HBO series "Game of Thrones" is set to return for a six-episode run in 2019, but according to a new study, a majority of Americans would choose cash over upcoming season. According to a new financial study from Acorns, 76 percent of those...
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Apple's Record Run In 2017 Beefs Up Its Already Bloated Market Cap
Friday, February 17, 2017 - 11:52am | 800Despite the naysayers rapping Apple Inc. (NASDAQ: AAPL) for its inability to maintain its superlative growth amid a slowdown in its innovate verve, the company has a point to prove. Apple shares have seen a record run in the year-to-date period, beefing up its already bloated market cap....
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Warren Buffett Says Annual Shareholder Meeting Provides An Opportunity To 'Make Sure We Hadn't Drifted Off Into LA-La-Land'
Tuesday, April 26, 2016 - 12:25pm | 24885-year old Warren Buffett and his 92-year old sidekick Charles Munger are set to host Berkshire Hathaway Inc. (NYSE: BRK-A)'s annual shareholder meeting on April 30. For the first time ever, a live stream of the shareholder meeting will be provided to the public, courtesy of Yahoo! Inc. (...
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Barron's Recap: Sell GE, Look At These 5 Spinoffs Instead
Sunday, April 12, 2015 - 2:50pm | 796This weekend in Barron's online: a look at retirement spending and long-term care insurance, the Warren Buffett tax loophole, the Rockefellers eye clean energy, as well as the prospects for General Electric, Newmont Mining, HRG Group and more. Cover Story "How to Choose Long-Term Care Insurance" by...
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Markets Little Changed Ahead Of Friday's Jobs Report
Thursday, October 2, 2014 - 5:10pm | 2062U.S. stocks reversed early morning declines and closed the day little changed ahead of Friday's job reports data, which will be released at 8:30 A.M. The number of Americans filing claims for unemployment benefits unexpectedly fell last week by 8,000 according to data released today. Not...