Warren Buffett's Berkshire Hathaway has been busy buying stocks, including a new stake in General Motors. It's just-released 13-F filing with the SEC shows two new stocks were added to its portfolio during the first quarter of the year, and stakes were increased for another 13 companies. Read More
With shares tumbling after Coty, the privately held maker of Beyoncé Knowles perfume, withdrew its hotly contested $10.7 billion takeover offer, Avon Products CEO Sherilyn McCoy needs to prove to investors that a turnaround plan is possible for the beauty products giant. Read More
If you don’t know what a “beauty balm” or “blemish balm” is yet, chances are you will soon. Sales of the products, which are also known as BB creams, have grown significantly in the past several months, according to a new report from market researcher NPD Group. And it’s no wonder, as the creams blend together the benefits of several beauty products all in one — a plus for time-pressed women. Read More
Though he’s a famed bear, strategic investor Doug Kass sounds an awful lot like a bull right now. And he’s revealed a dozen of his favorite buys. Read More