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MYLES UDLAND
Standard & Poor's to Warren Buffett: We are watching youIn a statement on Tuesday, S&P said that it is placing Berkshire on CreditWatch Negative following its acquisition of Precision Castparts.- These are the biggest losers from China's currency devaluationOn Tuesday, the move was having a big impact on some of China's biggest trading partners, like Australia and New Zealand.
- Carl Icahn accepts Donald Trump's offer to be Treasury SecretaryOn June 18, in an appearance on MSNBC, Trump said that if he were elected president, "I'd love to bring my friend Carl Icahn" as Treasury S...
- Bill Ackman has found his next big target: MondelezAs Business Insider's Julia La Roche reported back in June, Ackman said earlier this year that Pershing Square had made two new investments...
- The Fed has created a bubble that 'could explode': Donald TrumpSpeaking on Bloomberg TV's "With All Due Respect," Trump said that as a property developer he has "always loved" low interest rates.
- There are more bad charts than good charts in the stock market right nowTechnical analysis can occasionally be inscrutable. To many, it might look like a bunch of lines arbitrarily drawn over a series of other l...
- For the first time since August 2009, gold is 'undervalued'In its latest fund manager survey, Bank of America Merrill Lynch noted that on a valuation basis, gold was viewed as "undervalued" by fund ...
- 850 Greek banks could re-open on Thursday, but only for one specific reasonGreek PM Alexis Tsipras told the citizens of Greece in an address that Greek bank deposits, as well as wages and pensions, remained totally...
- Obama, Merkel say it is 'critically important' for Greece to remain in the euroPresident Obama and German chancellor Angela Merkel agreed that it is "critically important" for Greece to remain in the euro.
- Jamie Dimon is a billionaireAccording to the Bloomberg Billionaires index, Dimon, the CEO of JPMorgan, is one of the few banking executives to become a billionaire.
- Warren Buffet could have been worth $102 billionBloomberg News reported that Buffett was recently passed by Amancio Ortega, the Spanish fashion magnate, as the world's second-richest pers...
- The hotel industry is sending a clear signal that the US economy is not grinding to a haltAll key performance indicators (rooms available, rooms sold, revenue, average daily rate, occupancy and revenue per available room) are sti...
- Will crude prices stay low forever?If the price increase in oil was deemed to be temporary, the 5-year US inflation rate would not move in unison with oil prices, says expert...
- The oil crash has done nothing to slow the American shale boomCrude production rose to 9.12 million barrels per day in the first week of December, the highest since 1986.
- Europe’s share towards global profits slidesOrganization for Economic Cooperation and Development, or OECD, published its latest growth projections for the global economy in June.
- The bond market knew the South had no shot of winning the civil warThe paper's abstract said the researchers used the market's pricing of the probability that debt would be repaid as a proxy for that side's...
- Wall Street is so bearish it's bullish: Bank of America Merrill LynchOn Fri, the S&P 500 made a new all-time closing high, but according to BofA's Sell Side Indicator, Wall St is signaling that is still time ...
- Shares of Ebola drug maker Tekmira are getting crushedThe drop in Tekmira shares comes after research firm Leerink downgraded the stock to Market Perform from Outperform, citing valuation, acco...
- With eBay decision, Carl Icahn proves his mettle, againEarlier this year, Carl Icahn bought a stake in eBay and began agitating for the company to spin off PayPal. Icahn exchanged a series of le...
- David tepper: It's the beginning of the end of the bond market rallyAfter starting 2014 at around 3%, the yield on the ten-year fell to less than 2.4% during the summer and is currently trading near 2.45%.
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