Author: super@dmin
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Outside the Box: Buffett’s formula is still working, if you know where to look
Ignore one-year returns to find Berkshire Hathaway’s true performance.
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IG Group expects revenue, profit fall in 2019
IG Group Holdings PLC (IGG.LN) said Wednesday that continued low market volatility means it forecasts falling revenue and profit for fiscal 2019, as it set out investment plans to boost growth over the next three years.
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Asia Markets: Asian markets cautious amid lingering trade tensions
Asian stock markets were little changed in cautious early trading Wednesday, as lingering trade tensions weighed on traders.
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The Wall Street Journal: CEO Jamie Dimon’s pay package narrowly approved by JPMorgan shareholders
JPMorgan Chase & Co. investors voted to approve Chief Executive James Dimon’s pay at the bank’s annual meeting over the objections of a shareholder-advisory firm.
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Economic Report: Existing-home sales fall for the second straight month in April
Sales of previously-owned homes fell for the second month in a row, another sign of a struggling market, even as the Realtor lobby continues to expect moderate growth ahead.
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The Fed: What’s next for the Fed? Wall Street to sift for clues in recap of last FOMC get-together
Is the Federal Reserve inching closer to cutting U.S. interest rates? And how long will the central bank continue to tolerate low inflation? Wall Street hopes to glean answers to these questions and more when a summary of the Fed’s last big meeting is made public.
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Capitol Report: Fannie, Freddie shareholder payout is part of the reform discussion, regulator says in surprise move
The head of the Federal Housing Finance Agency says there may be a payout for common shareholders of Fannie Mae and Freddie Mac.
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Deep Dive: Fans of Tesla’s stock might find the car maker’s bonds a profitable investment
The longer-term notes have a high yield, and the convertibles are a lower-risk way to play the common shares.
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The Tell: Here’s what happens when you trade the media’s ‘bubble’ calls as buy signals
Back in the second quarter of 2017, Bloomberg’s Joe Weisenthal suggested that going long assets that journalists flag as in bubble territory would make for a great exchange-traded fund. Paul McNamara, who helps oversee some $135 billion as investment director at GAM Investments in London, took him up on it — in theory, anyway.
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Mark Hulbert: Can you drink lattes and still retire rich?
The great coffee wars and your retirement