Finance

Buffett's firm says 4Q profit up 15 percent on investments

Buffett's firm says 4Q profit up 15 percent on investments

Buffett has said operating earnings offer a better view of quarterly performance because they exclude investments and derivatives, which can vary widely. Buffett devoted most of his letter to describi...

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Brokers Issue New Targets On American Midstream Partners, LP (NYSE:AMID)

Finally, Goldman Sachs Group Inc. raised shares of Magellan Midstream Partners L.P. from a "neutral" rating to a "buy" rating and lifted their price target for the company from $76.00 to $85.00 in a r...

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Malloy Right To Resist Trump's Deportation Efforts

Boston's federal immigration court has one of the largest backlogs of pending cases in the country, and President Trump's executive orders on immigration could push the court even further behind. He...

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Warren Buffett criticises Wall Street as Apple investment pays off

Warren Buffett criticises Wall Street as Apple investment pays off

Buffett has often said he believes most stock investors are better off with low-priced index funds than paying higher fees to managers who often underperform. EST on Saturday, will probably focus on f...

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Biggest Movers in Healthcare: INSYS Therapeutics, Inc. (INSY), The Medicines Company (MDCO)

They now have a United States dollars 68 price target on the stock. These analysts and investment firms use various valuation methods to decide a price target for a stock. 03/05/2014 - Insys Therapeut...

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Oil slides from 19-month high as Opec cuts amid plentiful supply

Oil slides from 19-month high as Opec cuts amid plentiful supply

The continued rise in USA inventories comes as members of the Organization of the Petroleum Exporting Countries (OPEC) and other producers have cut output. Another week, another record for USA crude...

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JCPenney closing 140 stores, list coming in March

JCPenney closing 140 stores, list coming in March

The full list of impacted stores will be available in March. In addition to the stores, JCPenney will close its Lakeland, Fla., distribution center in early June and is selling its supply chain fa...

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PM Modi accuses Congress govt for misleading people on Naga accord

PM Modi accuses Congress govt for misleading people on Naga accord

The recovery came at a time when apex body of six rebel groups in Manipur has given a call for a "complete shutdown" in the state on Saturday to protest against Modi's visit, saying it was aimed at "h...

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Berkshire Hathaway Q4 Profit Up 15%

Berkshire Hathaway Q4 Profit Up 15%

In the letter, Buffett notes Berkshire's ownership of $5 billion of preferred Bank of America stock, which pays $300 million a year and carries a warrant that would allow Berkshire to buy 700 millio...

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PV Sindhu accepts Andhra government's job offer, to become deputy collector

PV Sindhu accepts Andhra government's job offer, to become deputy collector

Sindu, who is working in Bharat Petroleum Corporation Limited (BPCL) as deputy manager (sports) since 2013, had not responded to the offer. When badminton superstar PV Sindhu won a silver medal at l...

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Berkshire Hathaway gains $1.6 bln from its huge bite of Apple

The stake of 61.2 million shares was acquired previous year for $6.75 billion, an average of about $110.17 apiece, according to the annual report Saturday from Berkshire, which is led by billionaire c...

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Berkshire Profit Advances 15% to $6.29 Billion on Investments

Net earnings at the Omaha, Neb. -based company surged 15% to $6.29 billion, or $3,823 a share, outpacing the $2,720 average of analysts' estimates. The stake of 61.2 million shares was acquired past...

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Tesla will start making mass-market Model 3 in July

As the company scrambles to meet the demand, it is poised to achieve an incredible feat in the process, which is the reduction of the battery cost by as much as 35 percent. Tesla attributed the slowd...

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61 pc turnout in UP fourth phase; polling peaceful

61 pc turnout in UP fourth phase; polling peaceful

Election Commission officials said the final voting percentage could be higher when information from all polling stations is received. The constituencies where polling was held included those in the...

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Gamco Investors INC. ET AL Decreases Stake in HP Inc. (HPQ)

Gamco Investors INC. ET AL Decreases Stake in HP Inc. (HPQ)

Looking at the stock's movement on the chart, HP Inc. recorded a 52-week high of $16.41. Argus reaffirmed a "buy" rating and set a $15.15 target price (down previously from $19.00) on shares of HP in ...

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Kim Jong-nam was assassinated with nerve agent

This is only one of several twists and turns in an already freaky story; in a moment reminiscent of a Black Mirror episode, a woman arrested for the murder reportedly thought she was participating ...

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UPS tests UAV launched from delivery truck's roof

UPS tests UAV launched from delivery truck's roof

Unlike previous UPS drone tests, the most recent hints at how UPS may update their operations by using drones to make non-urgent, day-to-day residential deliveries. With 66,000 delivery drivers on the...

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SBI ATM Dispenses Scanned Copy of Rs 2000 Note, Sparks Protest

SBI ATM Dispenses Scanned Copy of Rs 2000 Note, Sparks Protest

One customer got four 2,000 rupee notes marked "children's bank of India", local media reported. Mr Gupta, along with the people present in the ATM queue, complained to the bank, and accused officia...

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California state senator removed from floor during speech

California state senator removed from floor during speech

Nguyen grew up in South Vietnam as a child but fled to the United States with her family when the USA -backed South Vietnamese government fell to North Vietnam's communist forces. He said he would spe...

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That's the Law: Penalty rate cut opens door for employees to negotiate

The premier said there would also be an impact on the wider economy, with the cuts reducing the spending power of some households. But as the Fair Work Commission points out in the opening section...

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Malaysian police: Deadly VX nerve agent killed Kim's half-brother

He died in an ambulance on the way to the hospital. Siti assumed the liquid she was given was harmless. South Korean and USA officials have said they believe North Korean agents assassinated Kim...

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Warren Buffett's Letter to Berkshire Hathaway Shareholders

Your neighbor, the billionaire investor, brings a folksy charm to the complex world of finance in his yearly review of the world and the money that makes its gears spin. "Concurrently, Berkshire's sup...

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Tesla Motors, Inc. (TSLA) Shares Down 6.4% on Disappointing Earnings

In the sell-side reports given to institutions, the research firms often offer a projected target price on the stock. Dougherty & Co reiterated a buy rating and issued a $500.00 price objective on sha...

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Teekay Tankers Ltd. to Issue Dividend of $0.03 (TNK)

Teekay Tankers Ltd. to Issue Dividend of $0.03 (TNK)

RBC Capital Upgrades Teekay Offshore Partners LP (NYSE:TOO)'s stock to Outperform with no specific Price Target. The firm's revenue was down 30.4% compared to the same quarter previous year. Price Tar...

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China says has no intention of using currency devaluation to its advantage

China says has no intention of using currency devaluation to its advantage

That currency report won't be out until April . The two nations will seek to limit any conflict to a controllable level, said Harrison Hu, chief greater China economist at RBS in Singapore. In the ...

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Fair Work decision good or bad?

Sunday pay for full-time hospitality workers will be cut to 150% from 175%. Casual "Level 1" employees will have their Sunday loading cut from 175% to 150%. Unions ACT secretary Alex White said when...

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Abercrombie & Fitch Company (NYSE:ANF) Reviewed By Analysts

The shares have slowed down in recent weeks, with their price down about -16.36% in the past three months. The average and low price target for the stock are $13.3 and $10, respectively. Stockholders ...

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'Ring Of Fire' To Pass Over South America, Africa On Sunday

It will be the first time in 40 years a total solar eclipse will cross the United States, according to CBS News . During eclipse, the moon will become in the middle of the sun making a lovely and s...

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Canada's MacDonald Dettwiler to Buy US Satellite-Imaging Firm DigitalGlobe

CSFB cut their target price on Macdonald Dettwiler & Associates from C$97.00 to C$93.00 in a research report on Wednesday, November 2nd. Under the terms of the agreement, each share of DigitalGlobe...

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Bank Of Ireland announces profits of over €1bn for 2016

Ulster Bank, which is owned by Royal Bank of Scotland, said the 2016 results include a €211m charge due to legacy conduct issues. Its net interest income declined by 7 per cent to just under €2.3 bi...

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Union Pacific Corporation (UNP) To Go Ex-Dividend on February 24th

Union Pacific Corporation (UNP) To Go Ex-Dividend on February 24th

For the next 5 years, Union Pacific Corporation is expecting Growth of 11.21% per annum, whereas in the past 5 years the growth was 6.79% per annum. Additionally when measured on a five year annuali...

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Buffett's Berkshire Hathaway Reports Rise in Net Earnings

Buffett also lauded what he called the "miraculous" performance of the USA economy, a dynamic he expects to help boost the company's own bottom line. In the letter , Buffett said his favorite rec...

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AB praises team after breaking record

AB praises team after breaking record

De Grandhomme's (34 not out) held one end up but the wickets fell pretty quickly at the other end and the Black Caps were bowled for just 112 with Pretorius (3-5) being the pick of the bowlers. De Vil...

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Philip Morris International (NYSE:PM); Hot Line Stocks At Active Reaffirm Views

Philip Morris International (NYSE:PM); Hot Line Stocks At Active Reaffirm Views

Monitoring the stock price relative to moving averages and highs and lows for the year may help evaluate the value of the stock in the future. The company's revenue was up 9.1% compared to the same qu...

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Young People Just Copped Another Hit: Penalty Rates Have Just Been Slashed

The Fair Work Commission's decision to slash penalty rates has evoked both joy and fury around Junee and the Riverina. The FWC handed down a long-awaited decision on Thursday that penalty rates fo...

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