Text size Northrop Grumman said it would raise its stock dividend. Courtesy of Northrop Grumman American Tower , Chubb , and Northrop Grumman were among the U.S. companies this week that announced pla...
Tag: Investment Banking
Why one hedge-fund manager invests in Bank of America and says Tether’s days are numbered
Guy Spier, the fund manager of the Aquamarine Fund, has no shortage of praise to pour upon Jamie Dimon, the chairman and chief executive of JPMorgan Chase. “The combination of Jamie Dimon and JPMorgan...
A ‘summer of pain’ for stocks? Nasdaq Composite could plunge 75% from peak, and S&P 500 skid 45% from top, warns Guggenheim’s Scott Minerd
The carnage playing out in the U.S. stock market on Wednesday is likely an amuse-bouche compared with the devastation on the menu for the bulls in the coming months and years, Guggenheim Partners Glob...
Buffett Blasts Wall Street as a Casino; Munger Attacks Robinhood
Wall Street’s encouragement of investors taking speculative and highly risky moves in their investments have made it more of a “gambling parlor,” Berkshire Hathaway CEO Warren Buffet...
Surging Fertilizer Costs Are Pushing Food Prices Higher
Fertilizer costs have roughly doubled from a year ago as the war in Ukraine disrupted the flow of supplies from Russia, the world’s largest exporter of the commodity. That has contributed to higher gl...
Inflation Is Here to Stay. How to Adjust Your Portfolio.
Inflation is rampant and ubiquitous today, from the gas pump to the grocery store. The U.S. consumer price index has quadrupled in the past year, from a 1.7% annual rate in February 2021 to 7.9% this ...
Investment Firm Files Finra Arbitration Demand Against Morgan Stanley
An investor accused Morgan Stanley of leaking information about a large sale of shares of Palantir Technologies Inc., saddling it with millions of dollars in losses. Morgan Stanley is at the center of...
How Putin’s War Made These 3 Fertilizer Producers Hot Stocks
Illustration by Elias Stein Text size Since Russia invaded Ukraine, shares of Saskatoon, Canada’s Nutrien , the Western Hemisphere’s top fertilizer maker, have climbed 37%. The Energy Select Sector SP...
Warren Buffett Does Deal Making Differently. Alleghany Acquisition Shows How.
Text size Warren Buffett Drew Angerer/Getty Images When it comes to acquisitions, Warren Buffett does things differently, and Berkshire Hathaway ’s deal on Monday for Alleghany illustrates his unique ...
A Food Crisis Is Looming. This Fertilizer Stock Stands to Gain.
Text size The invasion of Ukraine could be one of the most disruptive events in the food and agricultural supply chain in decades. Louai Beshara/AFP via Getty Images Russia’s invasion of Ukraine, its ...
Virgin Galactic Stock Is Worth Just $10, Analyst Says
Text size Virgin Galactic stock closed on Tuesday down 85% from an all-time high of almost $63 set back in February 2020. Courtesy Virgin Galactic Investors in space tourism pioneer Virgin Galactic Ho...
Analysts see lowest grades for Bank of America and JPMorgan in Fed’s stress test
Bank of America Corp. and JPMorgan Chase & Co. emerged with the lowest marks among the overall passing grade for banks in the Fed’s annual stress test, analysts at Jefferies and Citigroup said Fri...