According to the company's very cheesy Super Bowl ad
Hedge funds did a spectacular job not making money last year. That translates into a 30% drop in profit for the industry in 2014. And that translates into 60% drop in the bonus pool. And that, for those of you working at smaller hedge funds, is the good news. Show More Summary
Debts issued in foreign currencies, some of which are not counted in official statistics, are a rising risk to developing economies as the U.K. and U.S. get closer to raising rates. With the Swiss National Bank abandoning...
It was less than 24 hours after we posted that either oil will double from here allowing energy companies to grow into a normal P/E multiple, or energy stocks will have to crash by over 40% for the ridiculous 23x to return to its normal, long-term average of 13.6x. Show More Summary
The Advance Estimate for Q4 GDP, to one decimal, came in at 2.6 percent, a decline from 5.0 percent in Q3. Today's number disappointed mainstream economists' estimates, which were for a a smaller decline.
So on Thursday I published an article about why the Clinton-era budget surpluses helped fuel the credit boom that (ultimately) led to the crunch and the recession that followed. It's fair to say not everyone agreed. In fact, some people...Show More Summary
Once you do, there are good reasons to start adjusting your investing strategy accordingly.
Even with a solid quarter, Altria didn't deliver everything its shareholders wanted.
Will Twitter Inc (NYSE:TWTR) be saved by videos? Jason Calacanis, CEO and Co-founder of Weblogs and an angel investor, tells CNBC that it will be a big deal for the social network. Calacanis also had great appreciation for Twitter Inc (NYSE:TWTR)’s leadership especially CEO Dick Costolo, and the way the company has grown. “The most […]
Via ConvergEx's Nick Colas, Summary: We occasionally dedicate these notes to passing on some of oral traditions of Wall Street to the next generation of traders, analysts, and other young professionals in the business. Today’s version: rookie mistakes you should try hard to avoid. Show More Summary
Danny Meyer’s hot dog stands went public today. Get your close guesses in by 3:45PM, using standard Price Is Right rules. Winner receives his or her choice of a Shack gift card or coasters, which we just found out today are a thing.Show More Summary
Hey there BP! Any smart entrepreneur will tell you that they don’t have to be an expert at everything; they just have to surround themselves with people that are experts in their area. This applies to real estate investing of course, and today we are going to do an “interview” with one of my experts, [...]Show More Summary
A “boomerang buyer” is the nick-name given to people who lost their home due to foreclosure or a short-sale during the Great Recession, who are “back” buying a home again. Realtytrac reports: In 2015, the first wave of 7.3 million homeowners who lost their home to foreclosure or short sale during the foreclosure crisis are […]
Robert Half International's results and commentary suggest good times ahead.
If you can't trust a bank's management, then how can you invest in the institution?