Warren Buffett announced that Berkshire Hathaway is going to acquire Burlington Northern in a $44 billion deal and said he is “betting on America.” Is it really the right time to bet on U.S. companies? Thomas Russo, partner at Gardner, Russo & Gardner, shared his insights. Read More
Stocks have given up all of yesterday’s strong gains now. The markets drifted lower into the early afternoon as the dollar flirted with its own session highs. Then, as the S&P 500 fell below its Wednesday close of 1,042 (which was a 3-week low), the markets took another move lower. A notable increase in volume of the S&P 500 SPDRs was also seen by traders as the S&P fell below this support level. Read More
Investors gain 2.5 percent a year investing in “sin stocks”—tobacco, alcohol and gambling. Marcin Kacperczyk, professor of finance at NYU Stern, explains the “price of sin” and how it may help investors boost their portfolios. Read More
Today is the biggest earnings day of the season and as of this afternoon, just over 30% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far... Read More
Following are the day’s biggest winners and losers. Find out why shares of SanDisk and the Brazil ETF popped while Northern Trust and Altria dropped. Read More
Great earnings from three big banks, but futures haven't moved. What's up? Traders note that good earnings are being sold because stocks have rallied so much going into earnings season (the S&P 500 is up almost 4 percent this month alone). Read More