Berkshire Hathaway (BRK) Faces Increased Scrutiny On CEO Succession

Berkshire Hathaway Inc. (NYSE:BRK.A), (NYSE:BRK.B) has lined itself up against proposals that it be more transparent with regard to plans for Warren Buffet's successor. Last week we reported on a proposal from the AFL-CIO which sought to have the boards reportedly detailed plans for succession revealed to them. They wanted [...]

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Pre-Market News: 3/19/12 – Chinese Home Prices Fall

Every morning ValueWalk puts out a news report with the latest news in global stock markets, company news, and global economic news. Market Levels US:  Dow Futures: 13144.00 (-0.14%), S&P 500 Futures: 1396.00 (-0.18%), NASDAQ Futures: 2707.00 (-0.07%) Europe: CAC: 3565.77 (-0.81%), DAX: 7105.43 (-0.74%), FTSE: 5939.46 (-0.44%). Asia-Pacific: Australia: 4290.80 (0.34%), China: [...]

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Post Market Report – March 16 2012: Dollar weakens

Every afternoon ValueWalk provides an update on global market levels, economic news, and hedge fund news. Market Action Market Action  *US: Dow Jones industrial: (INDEXDJX:.DJI) 13232.62 (-0.15%), S&P 500: (INDEXSP:.INX) 1404.17 (0.11%), NASDAQ: 3055.26 (-0.04%) * Europe: CAC: 3594.83 (0.41%), DAX: 7157.82 (0.19%), FTSE: 5965.58 (0.42%). * Asia-Pacific: Australia: 4276.20 (-0.04%), China: 2404.74 (1.29%), Hong Kong: [...]

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UPS in Takeover Talks with TNT: A Look at the Fundamentals

UPS (NYSE:UPS) said on Friday that they were still in talks with the Dutch shipping company, TNT (AMS:TNT) Express with regards to a takeover.  Currently, the takeover values TNT at 4.89 billion euros or $6.4 billion. UPS has said that they were in “constructive discussions with TNT Express regarding a potential transaction [...]

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Consumer Confidence Drops in March as Gas Nears $4 a Gallon

Consumer confidence among US consumers fell unexpectedly as rising fuel prices are blamed for taking a toll on the economic recovery.  The consumer sentiment index fell to 74.3 from 75.3 the month prior.  The index is currently at its lowest point of the year.  Economists polled were expected the [...]

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Sprint (S) Ends Deal With Phil Falcone’s Lightsquared

Sprint Nextel Corporation (NYSE:S) announced today that it would end a deal with the satellite and cellular data company Lightsquared Inc.. Philip Falcone is the founder of the company. The parent of the corporation is Harbringer Capital Partners, Falcone's hedge fund. Sprint said it would return $65 million in prepayments made [...]

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UPS Inc. Still Interested in Large Dutch Delivery Firm TNT

The United Parcel Service, Inc. (NYSE:UPS) is continuing its quest to acquire the Dutch company TNT (AMS:TNT) Express with continued talks. The company is valued at approximately 4.89 billion euros ($6.4 billion). On Friday, UPS (NYSE:UPS) said in a statement that it was participating in “constructive discussions with TNT (AMS:TNT) Express regarding a potential transaction to [...]

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Morning News 3/16/12: European Markets Rise for Fourth Day

  Every morning ValueWalk puts out a news report with the latest news in global stock markets, company news, and global economic news. Market Action  US:  Dow: 13258.81 (0.05%), S&P 500: 1403.29 (0.06%), NASDAQ: 3053.53 (-1.10%) Europe: CAC: 3590.23 (0.28%), DAX: 7164.44 (0.28%), FTSE: 5961.41 (0.34%). Asia-Pacific: Australia: 4276.20 (-0.04%), China: 2404.74 (1.29%), Hong [...]

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Industrial Production Flat In February After Flat January

The Federal Reserve today released their report on Industrial Production for the month of February. The statistics showed no growth in production. Analysts had expected an increase of around 0.4%. January's numbers had surprised analysts, giving flat growth for that month. December's numbers had seen a better than expected [...]

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CPI Rises 0.4% In February, Fed Says Rises Temporary

The Bureau of Labour Statistics at the US Department of Labor announced its CPI (Consumer Price Index) for Februaury today. The new figure shows the index has risen by 0.4%. The increase in prices hasn't come as much of a surprise to analysts. They had a consensus expectation of [...]

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Post Market News – March 15th 2012

Every afternoon ValueWalk provides an update on global market levels, economic news, and hedge fund news. Market Action   Market Action US:  Dow: 13252.76 (0.44%), S&P 500: 1402.60 (0.60%), NASDAQ: 3056.37 (0.51%) Europe: CAC: 3580.21 (0.44%), DAX: 7144.45 (0.91%), FTSE: 5940.72 (-0.09%). Asia-Pacific:Australia: 4277.80 (-0.22%),China: 2373.77 (-0.74%),Hong Kong: 21353.53 (0.21%),India: 5380.50 (-1.53%),Japan: 10123.28 (0.72%). Metals: Gold: [...]

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Should the US Encourage the Unemployed to Emigrate?

Today's initial claims numbers were very encouraging for people bullish on the economy. The number of claims came in at a four year low. Economists are increasingly optimistic about the job market recovering and economy. Last month's job creating numbers came in at an impressive 227,000 jobs created. However things [...]

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Ebay's PayPal To Expand with New Merchant Device for Small Businesses

Via Wikimedia Commons On Thursday, eBay Inc (NASDAQ:EBAY) PayPal's announced plans to extend its services to merchants with a new card-swiping device. Targeted to small businesses and cab drivers, it will accept all four major credit cards and scan checks. Ebay Inc (NASDAQ:EBAY) made the announcement at an event in San Francisco. It explained [...]

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Stock Market Rallies S&P 500 (.INX) Now Above 1400

So far in 2012, the one word to describe the market would be “rally”. After a disappointing 2011 the market began to take off.  The beginning part of this year has seen its catalysts however.  We have seen a continuation of job growth which has now developed into a [...]

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UBS Gives McCann a $9.9M payment package for 2011

UBS’s (NYSE:UBS) wealth management operations in the Americas are overseen by Robert J. McCann, who also has the new honor of being the bank’s highest paid employee. McCann reportedly received a total payment package of 8.18 million francs ($9.9 million) in 2011; this includes his usual salary of 1.32 million [...]

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Berkshire Hathaway Inc. Investors Urge Buffett To Disclose Successor

A group of investors from Warren Buffett's Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) want to start proceedings that would force Warren Buffett to reveal his successor. The Billionaire is in investors eyes responsible for the great successes the company as seen. But at eighty one in light of the possibility of illness or [...]

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Cisco (CSCO) To Pay $5 Billion For NDS Group Ltd.

It was announced today that Cisco Systems, Inc. (NASDAQ:CSCO) are to buy NDS to for a sum of around $5 billion. The electronics switch company announced the deal earlier today.The deal is said to include NDS and all of its subsidiaries. NDS has been important in the provision of media technologies [...]

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Nokia Design Chief Confirms A Launch of Tablet – Market News Update

Every morning ValueWalk puts out a news report with the latest news in global stock markets, company news, and global economic news. Market Action   US:  Dow: 13183.20 (0.09%), S&P 500: 1397.72 (0.26%), NASDAQ: 3051.75 (0.36%) Europe: CAC: 3563.38 (-0.03%), DAX: 7110.61 (0.44%), FTSE: 5936.04 (-0.16%). Asia-Pacific:Australia: 4277.80 (-0.22%),China: 2373.77 (-0.74%),Hong Kong: 21353.53 (0.21%),India: [...]

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