Phillips 66 shares have held up much better than those of its rivals as Berkshire-Hathaway keeps adding to its major stake. Read More
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If you haven’t seen one of the 3,000 headlines proclaiming Labor Day is the real start of the presidential campaign, congratulations. You’ve been spared a potentially painful palm slap to your own forehead.It’s only starting now?This endless campaign has lasted so long that political junkies are starting to host nostalgic… Read More
Tech companies say activists are modern day pirates but at least they don’t bury their treasure. Back in the mercantilist days of the 18th century, when most goods were transported by ship over the high seas, pirates were the bane of a merchant’s existence. Marauders would appear out of nowhere… Read More
The August jobs report released this morning was one of the most hotly anticipated all year.That’s because the scores of analysts, economists, reporters and pundits whose own jobs involve opining on jobs reports want to devour it, issue their opinions quickly—and skip town for the long weekend.But investors want to… Read More
For a company built around the idea of democratizing the cost of travel, The Priceline Group (PCLN) doesn’t like democracy too much when it comes to shareholders. And it also doesn’t want to pay dividends. Not only does it sport the second highest share price of all companies in the… Read More
But now bargain hunters have a big opportunity. Read More
The presidential candidates have sharp divisions in their respective energy policies. Read More
Shares of some MLP managers have rallied hard on brightening growth prospects. Here’s how this select group stacks up. Read More
There ways to profit from our thawing relations. Read More
Will the Fed raise interest rates in September?Don’t bet on it.Fed leaders are supposed to focus on only two goals: maximizing employment and minimizing inflation. That’s it. That’s their job.But Fed leaders always – always – have an eye on their reputation, and the Fed’s isn’t so hot right now. Read More
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