B. Riley Insiders Went on a Stock-Buying Spree
B. Riley directors and executives, led by co-CEO Bryant Riley, bought up more than $14 million of shares of the financial-services firm.
The stock market is having a difficult year. Long-term investors can't control when the stock market will recover, but they can control what companies they buy in preparation for improved conditions.
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) recently filed its latest 13-F with the SEC, giving investors a look at the stocks that the Warren Buffett-led conglomerate bought during the first quarter. It turns out Buffett and his team started eight new stock positions. What does Markel do?
An earnings recession is not the biggest threat facing the stock market right now. To show that an earnings recession doesn’t necessarily doom the stock market, consider the S&P 500’s (SPX) quarterly return when its earnings-per-share (EPS) is falling. On average over the past century, according to an analysis conducted by Ned Davis Research, the S&P 500 has performed better when its EPS were lower than a year previously — not higher.
When Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett buys or sells shares of a company, Wall Street and investors tend to pay close attention. Since becoming CEO in 1965, he's overseen the creation of more than $680 billion in shareholder value and delivered an average annual return of 20.1% for Berkshire's Class A (BRK.A) shareholders (himself included).
The temporary shutdown is due to an issue with a supplier's component part, the company said.
Rising interest rates, supply chain constraints and Russia’s invasion of Ukraine are all issues currently plaguing the macro climate. The problem with all three, says Tony Dwyer, Canaccord Chief Market Strategist, is that for each problem there’s “no easy exit strategy.” The tough conditions are likely to persist, then. However, on the plus side, while these issues have sent most corners of the stock market into a tailspin, now investors are presented with stocks for which the term “oversold” re
The simultaneous decline of multiple asset classes is unusual. Here's what bottomed first 40 years ago.
It’s been a terrible week in an awful year for the stock market. Walmart (WMT) Target (TGT) and Tencent (HK:700) each reported disappointing results to add fuel to the worries about interest-rate hikes and quantitative tightening. Over the last six weeks, equity redemptions have totaled $46 billion, versus $91 billion when the COVID outbreak first became apparent, according to Sean Darby, chief equity strategist at Jefferies.
A Denver oil company is combining with a Texas counterpart in a merger creating a $7 billion business headquartered in and focused on oil and gas production in the Lone Star State. Centennial Resource Development Inc. (NYSE: CDEV), based in downtown Denver, agreed to a merger of equals with Midland, Texas-based Colgate Energy in a stock transaction that will base the combined company in Midland but retain Centennial Resource Development’s office in Denver as a base for the new company’s operations. “This transformative combination significantly increases scale and drives accretion across all our key financial and operating metrics,” said Sean Smith, chief executive officer of Centennial Resource Development, in a statement.
Tesla stock prices dropped more than 6%, down to roughly $715, around mid-day of May 18 after it was announced that the electric vehicle manufacturer lost its spot on the S&P 500 ESG index. The...
‘Rich Dad Poor Dad’ is looking to back up the truck.
Savvy investors are taking the time right now to stock up on recession-resilient assets, including real estate investments that can help combat rising inflation, diversify their portfolio, and hopefully ride out the storm when it comes. If you're on the hunt to recession-proof your investment portfolio, here's why you should consider investing in these three real estate industries. Self-storage is arguably the best real estate industry to be invested in during a recession.
Companies could be returning trillions to shareholders. Here’s how to accept it.
AT&T (T) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Since early this year, Wall Street has faced a storm of macro headwinds that have turned last year’s bullish run into a bearish trend. Year-to-date, the NASDAQ is down 27%, and the S&P, with a loss of 18%, is not far behind. The drop in the markets comes along with gains in Treasury bonds – the 10-year Treasury note rate is nearly up to 2.9%. In a thumbnail summary, we can say that last year, investors looked at the markets through TINA’s (there is no alternative) eyes; now, conditions are start
There's arguably no stock on the market that would attract more new investors if it weren't priced so highly than Berkshire Hathaway Class A (NYSE: BRK.A) shares. Investors already have a much less expensive way to buy the company led by Warren Buffett through Berkshire Hathaway Class B (NYSE: BRK.B) shares. Here are Buffett's favorite stock-split stocks right now.
Technology stocks have been hammered recently by fierce inflation, rising interest rates, and global economic impacts from the war between Russia and Ukraine. With no signs of turning the corner anytime soon, the Nasdaq Composite -- which has already sunk 26% year to date -- could face additional pressure in the near future. Let's check out two beaten-down Nasdaq stocks that should bounce back in the long run.
After hitting their all-time low earlier this week, shares of Rivian Automotive (NASDAQ: RIVN) are bouncing higher today. The stock gained as much as 11.4% today, and still sits 9.7% above yesterday's closing share price, as of 2:42 p.m. ET. The rebound comes as some investors seem to feel the recent low marked a bottom for the stock.
"So we are really messing with all of the assets so this has turned out historically to be very dangerous," Grantham said.
Bill Bengen first devised the 4% retirement rule in 1994. Since then, retirees have relied on this rule to help determine how much they should spend in retirement. In later years, you adjust how much you withdraw to account for inflation.