Blog Profile / Business Insider: Money Game

Filed Under:Business & Finance
Posts on Regator:50678
Posts / Week:121
Archived Since:February 11, 2009

Blog Post Archive

A $14 billion hedge fund is sounding the alarm on distress in the retail sector

A $14 billion hedge fund firm is predicting pain for retail and other sectors. Canyon Capital Advisors, a Los Angeles-based hedge fund set up Joshua Friedman and Mitchell Julis, said in a January letter to investors that a number ofShow More Summary

Airlines are rallying after Warren Buffett loads up (LUV, AAL, DAL)

Airline stocks are outperforming the broader market on Wednesday after a 13-F filing showed investing legend Warren Buffett plowed more money into the sector. The filing, released after Tuesday's closing bell showed Buffett's Berkshire Hathaway spent $2.15 billion on 43.2 million shares of Southwest Airlines. Show More Summary

Here comes Empire manufacturing...

The latest reading on Empire Fed manufacturing will be out at 8:30 a.m. ET. Economists forecast that the New York Empire State Manufacturing index came in at 7.00 in February. The index came in at 6.50 in the prior month. Refresh this page for updates at 8:30 a.m. Show More Summary

Here comes CPI ...

The Department of Labor will release its monthly report on consumer-price changes at 8:30 a.m. ET. For January, the consumer price index (CPI) — comprised of a basket of items ranging from clothes to pills — is estimated to have increased by 0.3% month-on-month, according to Bloomberg. Show More Summary

Here are the 10 best markets to be a homebuyer

Housing markets in the eastern part of the United States continue to lag those out west. Data released on Tuesday by brokerage firm Zillow showed nine of the top 10 US markets controlled by buyers are located east of the Mississippi River. Show More Summary

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, TWTR, HUM, CI, ANTHM, DAL, LUV, AAL)

Here is what you need to know. Yellen takes her testimony to the House. Fed Chair Janet Yellen will appear before the House Financial Services Committee on Wednesday for the second day of her semiannual Humphrey-Hawkins testimony. In...Show More Summary

28-year-old cofounder of liquor delivery platform shares his advice for aspiring entrepreneurs

Maxim Razmakhin has always been an entrepreneurial spirit. When he was in college, he sold milkshakes out of his dorm room. "It was sort of like a substitute for coffee," Razmakhin said. " It stimulated brain power and helped peopleShow More Summary

David Tepper's Appaloosa just dropped about $1 billion on 4 pharma stocks (PFE, TEVA, MYL, AGN)

David Tepper's Appaloosa went big on pharma stocks in the fourth quarter. The fund took big new positions in Teva ($183 million), Pfizer ($156 million), and Mylan ($125 million) in the final three months of the year, according to a 13F filing. Show More Summary

David Einhorn dumped all $143.5 million of his Michael Kors investment (KORS)

David Einhorn is done with Michael Kors. The hedge fund manager's Greenlight Capital sold off all of its 3.07 million shares of the high-end apparel maker in the fourth quarter according to a 13-F filing with the Securities and Exchange...Show More Summary

Billionaire investor Nelson Peltz took a big stake in Procter & Gamble — and P&G's stock is soaring (PG)

Trian Fund Management, the activist hedge fund cofounded by billionaire Nelson Peltz, has taken a stake in Procter & Gamble, The Wall Street Journal reports. P&G's stock was up 4% in after-hours trading on the news. Trian is the second activist hedge fund to invest in P&G in recent years. Show More Summary

The salary you need to earn to buy a home right now in 23 of the most expensive housing markets in America

In the final quarter of 2016, home prices in the US climbed past expectations as the housing supply reached record lows, according to the National Association of Realtors (NAR). On average, 87% of the 150 housing markets tracked by NAR experienced rising home prices in 2016, up from an average of 75% in 2014. Show More Summary

What you need to know on Wall Street right now

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Federal Reserve Chair Janet Yellen is back in Congress on Tuesday for the first day of her semiannual testimony on monetary policy. YELLEN:...Show More Summary

Yellen says an Obamacare repeal could have 'a significant impact on spending' and the US economy

During her testimony to the Senate Banking, Housing, and Urban Affairs Committee, Federal Reserve Chair Janet Yellen outlined the potential economic impact of a repeal of the Affordable Care Act (ACA), better known as Obamacare. When asked by Democratic Sen. Show More Summary

Yellen says reducing the regulatory burden is a 'legitimate and important goal' and bank stocks are rising

Federal Reserve Chair Janet Yellen spoke to Congress on Tuesday in her first congressional testimony since President Donald Trump took office, and bank stocks are rising. In the speech, Yellen stressed the importance of mitigating financial...Show More Summary

These are the watches worn by some of the most powerful men in finance

Since it was invented over 300 years ago, the wristwatch has been an integral component of men's fashion. In addition to their practical functionality of telling time, a watch serves as a collectible piece of art that communicates the...Show More Summary

Employees at the world's largest hedge fund rate each other on more than 100 attributes

There are two basic power structures, says Bridgewater Associates co-CIO Bob Prince: democracy, with one equal vote per person, and dictatorship, where all decisions come from the top. At Bridgewater, the world's largest hedge fund,Show More Summary

Treasury yields jump after Yellen says waiting too long to tighten would be 'unwise' (TLT, TBT)

US Treasury yields are climbing following the release of Fed Chair Janet Yellen's prepared remarks for her semiannual Humphrey-Hawkins testimony. In her statement, Yellen noted that " waiting too long to remove accommodation would be...Show More Summary

General Motors is rallying on reports it's in talks to sell its European business (GM)

General Motors is up 3.41% at $36.73 a share on Tuesday morning as the carmarker is reportedly in talks to sell its European business. GM's European division consists of the Opel and Vauxhall brands and has been part of the carmakerShow More Summary

Homes in these 10 markets are selling like hotcakes

Housing markets in the western part of the United States remain hot. Data released on Tuesday by brokerage firm Zillow showed eight of the 10 hottest US markets are located west of the Mississippi River. Additionally, five of the markets...Show More Summary

NO DEAL: Aetna and Humana call off their $34 billion merger (AET, HUM)

Humana announced Tuesday that it was terminating its merger agreement with its health-insurance counterpart Aetna after a federal judge blocked the deal. Humana is entitled to a breakup fee of $1 billion, or $630 million excluding taxes,...Show More Summary

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