August 17, 2022
“…Buffett’s Berkshire Hathaway (BRKB) sold off a least a portion of its four worst performers this year: Verizon (VZ), Store Capital (STOR), General Motors (GM) and U.S. Bancorp (USB). That’s according to an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith. Berkshire Hathaway retains a portion of the… Continue Reading…
August 12, 2022
“Shares of GlaxoSmithKline, Sanofi and Haleon all sold off sharply this week, shedding tens of billions in market value, amid investor fear over potential U.S. litigation charges focused on popular heartburn drug Zantac. This has been a known issue bubbling in the background for years… Continue Reading…
August 1, 2022
“TechnipFMC Plc (FTI) …This player in the energy industry supporting cast has 4 recent analyst reviews on record, and they are unanimous that this is a stock to Buy, backing up the Strong Buy consensus rating. The shares are trading for… Continue Reading…
July 15, 2022
“…The Dow Jones Industrial Average popped 532 points, or 1.74%. The S&P 500 jumped 1.35% and Nasdaq Composite added 1.06%, but stocks remained on track for weekly losses. A new round of bank results from Wells Fargo and Citigroup offered further insight into the state… Continue Reading…
July 12, 2022
“…The S&P 500 has been higher three years later in eight out of nine cases in which the index has fallen 20% or more from an all-time high going back to 1957, according to research from Truist co-chief investment officer Keith… Continue Reading…
July 11, 2022
“Twitter shares sank in premarket trade Monday after Elon Musk said he is trying to terminate his $44 billion takeover of the company. Shares of the social media platform fell more than 6%, wiping nearly $1.8 billion off the company’s market value. Tesla, where Musk is… Continue Reading…
July 5, 2022
“The Dow Jones Industrial Average fell 420 points, or about 1.4%. The S&P 500 dipped 1.5%, and the tech-heavy Nasdaq Composite shed about 1.6%. Concerns about economic growth are hanging over investors as the U.S. market looks to recover after… Continue Reading…
June 21, 2022
“…The Dow Jones Industrial Average jumped 424 points, or 1.4%. The S&P 500 climbed 1.9%, and the Nasdaq Composite popped 2.3%. U.S. stock markets were closed Monday for Juneteenth. Those moves follow last week’s declines that saw the S&P 500… Continue Reading…
June 21, 2022
“Kellogg announced Tuesday that it plans to separate into three independent public companies, sectioning off its iconic brands into distinct snacking, cereal and plant-based businesses. Shares of the company rose 6.5% in premarket trading on the announcement… Combined, Kellogg’s plant-based division… Continue Reading…
June 16, 2022
“The Dow Jones Industrial Average tumbled below the key 30,000 level on Thursday as investors worried the Federal Reserve’s more aggressive approach toward inflation would bring the economy into a recession. The Dow had rallied on Wednesday after the Fed… Continue Reading…
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