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U.S. News

Berkshire size, Buffett age cloud annual gathering

Berkshire size, Buffett age cloud annual gathering

Warren Buffett may be on safari for major acquisitions, which he likes to call elephants, but shareholders may wonder if his Berkshire Hathaway Inc. has become the biggest elephant in the...

Posted on 4-30-2013 at 2:36 PM
Symantec shares plunge, traders see mini 'flash crash'

Symantec shares plunge, traders see mini 'flash crash'

Shares of Symantec Corp plunged some 10 percent in a matter of seconds on Tuesday before being halted by the Nasdaq, in the latest instance of what traders called a single-stock "flash...

Posted on 4-30-2013 at 2:19 PM
Jeffrey Hirsch, Editor in Chief, Stock Trader's Almanacplay

Is 'Sell in May and Go Away' still relevant?

Even with the Dow Jones industrial average topping 15,000 for the first time this week, Jeffrey Hirsch, whose father coined the famous investment strategy to "sell in May and go away,”...

Posted on 4-30-2013 at 10:30 AM
Megan McGrath, Executive Director, Homebuilding Analyst, MKM Partners play

U.S. home prices see best yearly rise in 7 years

U.S. single-family home prices rose more than expected in February, racking up their best annual rise since May 2006 in a fresh sign the housing recovery remains on track, a closely watched...

Posted on 4-30-2013 at 9:55 AM
Thomson Reuters operating profit falls on severance costs

Thomson Reuters operating profit falls on severance costs

Thomson Reuters Corp. reported a seven-percent decline in first-quarter operating profit on Tuesday because of severance costs and a    decrease in revenue at its Financial...

Posted on 4-30-2013 at 8:37 AM
BP hit by wave of spill lawsuits ahead of deadline

BP hit by wave of spill lawsuits ahead of deadline

BP Plc has been hit by more than 2,200 new lawsuits seeking payback for the 2010 Gulf of Mexico oil spill in the past few weeks as individuals, companies and government bodies rushed to...

Posted on 4-30-2013 at 8:12 AM
Pfizer falls short, trims 2013 profit view

Pfizer falls short, trims 2013 profit view

Pfizer Inc. reported lower-than-expected quarterly earnings and revenue and the largest U.S. drugmaker trimmed its full-year profit outlook.

Posted on 4-30-2013 at 8:02 AM
U.S. consumer spending rises, driven by utility costs

U.S. consumer spending rises, driven by utility costs

Consumer spending unexpectedly rose in March, temporarily boosted by demand for utilities due to colder weather, according to data on Monday that did little to alter a picture of a...

Posted on 4-29-2013 at 2:15 PM

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