Meredith Whitney has started a hedge fund called Kenbelle Capital LP, Bloomberg reports. Whitney is famous for her accurate bearish call on Citigroup in 2007, but since then some of her calls haven’t panned out - like her assertion that municipal governments would go bankrupt. Now it seems like she’s switching strategies. In August Whitney [...]
Being a successful personal banker is not just about interacting with customers or generating sales, rather it is a career that will can bring you great success in the financial world. Â To be successful in this field, you obviously need experience and knowledge of the banking industry . There are many steps that you will [...]
Decide.com announced on Friday that it was being acqu-hired by eBay and would shutter its service at the end of the month. The entire team of 26 people will now go work for eBay. Decide.com predicts the prices on electronics and helps people pay less for them. It’s not surprising eBay would want to buy [...]
The Eurozone is leaving the recession, and European stocks have gotten the message. The above chart comes courtesy of Mike O’Rourke of JonesTrading. It shows how in recent weeks, European stocks are clobbering their US counterparts. O’Rourke writes: There are a couple of interesting trends in equity markets worth highlighting. The S&P 500 is flat [...]
Since the opening bell, U.S. stocks have taken a turn downward, and are now trading near their lows of the day. Right now, the S&P 500 is trading at 1695, down 0.7% from yesterday’s close. Treasuries, on the other hand, aren’t moving much. Right now, the yield on the 10-year Treasury note is 2 basis [...]
Filed under: Investing UnitedHealthcare IRONKIDS Michigan Fun Run Energizes Youth About Healthy Living Through “IRONMAN” Races BENTON HARBOR, Mich.-(BUSINESS WIRE)- The inaugural UnitedHealthcare IRONKIDS Michigan Fun Run raced around Jean Klock Park Saturday. UnitedHealthcare mascot “Dr. Health E. Hound” helped kicked-off the 1-mile course aimed to help stem the rising tide of childhood obesity through exercise [...]
Berkshire Hathaway’s Q2 earnings are out. The massive conglomerate run by Warren Buffett earned a whopping $3.91 billion or $2,384 per share, up from $3.72 billion or $2,262 per share a year ago. One detail from Berkshire’s filings we’re always interested in is the value of Buffett’s long-term derivative bets on the global stock markets. [...]
Berkshire Hathaway’s Q2 financial results are out. Operating earnings came in at $2,384 per share. This is up 5.8% year-over-year. This was also well ahead of the $2,166 per share forecasted by analysts surveyed by Bloomberg. The stock closed at $176,500 per share today. Berkshire Hathaway is the massive holding company of billionaire Warren Buffett. [...]
