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Friday, 6 December 2013
Berkshire Hathaway Down to Neutral
Zacks downgraded Berkshire Hathaway stock to Neutral on December 5, 2013. The stock was previously ranked at Outperform. The downgrade was due to the earnings miss, and the company gave a negative surprise of 6.9%. The stock is currently listed as a Hold.
Why Downgrade Berkshire Hathaway?
During the third quarter of 2013, Berkshire Hathaway reported operating earnings of $1.49 per share. They missed Zacks consensus estimate by $.11, because...
Marc Faber: A Financial Crisis is Looming on The Horizon
As a distant but interested observer of history and investment markets I am fascinated how major events that arose from longer-term trends are often explained by short-term causes. The First World War is explained as a consequence of the assassination of Archduke Franz Ferdinand, heir to the Austrian-Hungarian throne; the Depression in the 1930s as a result of the tight monetary policies of the Fed; the Second World War as having been caused...
Soros tunes in to Nine Entertainment
US billionaire George Soros is set to emerge as a shareholder in Nine Entertainment when the media company begins trading on the Australian stockmarket tomorrow.
Mr Soros, a Hungarian-American business magnate known as the man who broke the Bank of England, is understood to have placed an order for Nine shares via New York-based Soros Fund Management.
Source :http://www.theaustralian.com.au/media/soros-tunes-in-to-nine-float/story-e6frg9...
Jim Rogers: Where to Buy in 2014
With equity markets starting off December on a losing streak, Jim Rogers is out with another characteristic stark warning. This is all going to end badly. Jim Rogers told a CBC that eventually, the entire world is going to collapse.Rogers boils it down to a singular notion that will tear at the fabric of system. Debt.
Jim Rogers – Gold Not Going AnywhereEven with gold prices getting hammered by QE taper fears, Rogers doesn’t see an end...
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