The crowd piled into investment-grade bonds last week as economic worries triggered an exodus out of risky assets. Reviewing the major asset classes for the week just passed through an ETF lens reveals sharply divided results. The safe-haven trade generated handsome gains for several ETFs representing broad measures of the global fixed-income realm for the five trading days through Feb. 5. Even....More>>>
Investment company Matthews China Fund buys Zhejiang Supor Co, China Overseas Grand Oceans Group, Huayu Automotive Systems Co, Chinasoft International, Beijing Capital International Airport Co, Beijing Oriental Yuhong Waterproof Technology Co L, Angel Yeast Co, Industrial And Commercial Bank Of China, WH Group, Bank Of China, sells China State Construction International Holdings Lt, Chongqing Rural....More>>>
December 28, 2016: Markets opened higher Wednesday but any recovery from Tuesday’s end-of-day selling failed to materialize. Trading reversed course from Tuesday, where every S&P sector showed a gain, to a trading day where every sector posted a loss. Real estate and financials led the downturn. WTI crude oil for February delivery settled at $54.06 a barrel, up about 0.3% on the day. February....More>>>
Before the market opened, shares of toy stock Hasbro, Inc (NASDAQ: HAS) were up in pre-market trading after the Company reported better-than-expected first quarterprofit helped by demand for digital gaming which more than doubled the profit from its entertainment and licensing business. Net revenues increased 2% to $849.7 million versus $831.2 million in 2016 while net earnings increased 41% to....More>>>
Warren Buffett released his annual letter to Berkshire Hathaway’s (NYSE: BRK.A) shareholders. As a shareholder and avid investor, his letters are my one must-read source of investing wisdom each year. If I could read only one piece each year on investing, it would be Buffett’s annual letter. When he’s no longer writing them, I’ll re-read them from past years.