Few managers have been through a bear market. Getty This bull market has lasted so long that an awful lot of mutual fund managers have never seen a bear market. In this update of the greatest mutual fund managers, I take a look at the ones who have bear market experience in the best and worse sectors so
Month: May 2019
Cathleen Taff, president of distribution, franchise management, business and audience insight for Walt Disney Studios, discusses the upcoming Marvel film “Avengers: Endgame” during the Walt Disney Studios Motion Pictures presentation at CinemaCon 2019, the official convention of the National Association of Theatre Owners (NATO) at Caesars Palace. (Photo by Chris Pizzello/AP) Walt Disney (DIS), as
Adobe Stock For generations, the bright lights and big opportunities of major urban centers have lured potential first-time home buyers looking for the right place to settle down. But lately, there has been a considerable shift in young home buyers flocking to areas with affordable living conditions, plentiful job openings and good wages, according to
A drone is flown for recreational purposes in Syosset, New York. Bruce Bennett | Getty Images Talk about a special delivery. In the wee hours of April 19, a custom-made drone roughly the size of a washing machine lifted off from a neighborhood in southwestern Baltimore and whisked a human kidney to a nearby hospital,
Weight Watchers International Inc. food products. Michael Nagle | Bloomberg | Getty Images Weight Watchers on Thursday reported first-quarter mixed first-quarter results and boosted its full-year forecast. Shares of the company rose 5% after the markets closed. They’ve slid nearly 48%so far this year. Here’s what the company reported compared with what Wall Street was
Sinclair Broadcast Group’s subsidiary Tennis Channel rings the NASDAQ bell, led by President Ken Soloman. Gary Gershoff | Getty Images Sinclair Broadcast announced Friday that it will buy 21 regional sports networks from Disney at a $10.6 billion valuation. Adjusting for minority equity interests, Sinclair said it bought the assets for $9.6 billion. The broadcasting
OMAHA, Neb. — The stage is set for Berkshire Hathaway‘s annual shareholders meeting on Saturday and investors are ready to grill the conglomerate’s two front men, Warren Buffett and Charlie Munger, on five key issues. First, Berkshire Hathaway continues to underperform relative to the broader market and investors want to know what the Oracle of
Cynthia Thomas Reher is a veterinarian in Bellevue, Washington Source: Cynthia Thomas Reher Where did the actor Steve McQueen live as a child? Does brackish water have more freshwater than saltwater? If you can correctly answer questions like these, you might be done with your student loans sooner than you expected. Some 400,000 people have registered
Dad had to beat the mutual funds mom picked to earn her blessing to manage their money Getty When my dad retired, his plan was to manage my parent’s retirement accounts on his own. My mom didn’t want a rookie investor to manage their money so she agreed to let him do so only after
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column examines whether filing for early retirement benefits lower later survivor’s benefits, when spousal benefits might be available, how the earnings test can affect spousal benefit amounts, spousal benefits before retirement
Closing on a property can be both exciting and stressful. You hope that everything will go smoothly, so that you can start enjoying your new home, or get to work on renovating your new purchase to attract tenants. In order to make that happen, you need to be sure to keep everything in check. Of course
European stocks were higher Friday morning, as investors digested another batch of corporate earnings and looked ahead to payrolls data in the U.S. European Markets: FTSE, GDAXI, FCHI, IBEX The pan-European Stoxx 600 Index was up around 0.3% during mid-morning trade, with most sectors and major bourses in positive territory. Europe’s personal and household goods
It seemed to come out of nowhere. And actually, it kind of did. Warren Buffett, in a CNBC interview that aired Friday, revealed the behind-the-scenes moves that led Berkshire Hathaway to quickly commit $10 billion to help Occidental Petroleum buy Anadarko, the oil driller that Chevron had already agreed to purchase. In a matter of
New York City on August 6, 2018. ANGELA WEISS | AFP | Getty Images CBS sees advertising prices rising for its slate of TV shows in the upcoming fall programming season, executives said, as the TV broadcaster and media company on Thursday reported first-quarter revenue falling short of analysts’ estimates from weaker content licensing and
The GoDaddy banner hangs outside of the New York Stock Exchange as the website hosting service makes its initial public offering on April 1, 2015 in New York City. Getty Images Web hosting company GoDaddy reported first-quarter profit below Wall Street expectations on Thursday, weighed down by persistent rising costs and slower customer growth, sending
A job applicant (L) talks with a recruiter for Sears at a job fair in Golden, Colorado. Rick Wilking | Reuters Economists expect that the job market remained strong in April, and the economy added 190,000 jobs, about the same as March. Markets were already on edge heading into the Friday employment report, and economists
Warren Buffett David A. Grogan | CNBC Warren Buffett doesn’t like the way former Wells Fargo CEO Tim Sloan left the bank, saying he was “an excellent banker” that was forced out by undue political pressure. “I was 100% behind Tim Sloan the day it was announced he resigned,” Buffett told CNBC’s Becky Quick on
Hedge fund king Ray Dalio said the U.S. will end up adopting an economic philosophy that uses zero interest rates to finance big government spending for more widespread growth. Known as Modern Monetary Theory, the idea of running up large debts and deficits in order to pull the economy out of weak periods has some
Check out the companies making headlines before the bell: Boeing — The Wall Street Journal reports that Boeing limited input from its test pilots on the flight control systems for the now-grounded 737 Max jet fleet, contrary to established procedure. Tesla — Tesla has increased the size of a proposed capital raise, upping the number
Dara Khosrowshahi, CEO, Uber Carlo Allegri | Reuters Here are the biggest calls on Wall Street on Friday. Atlantic Equities initiated Uber as ‘neutral’ Atlantic Equities said Uber’s path to profitability is clearer. “Given the benefits of scale, we prefer Uber, with its market-leading ridehailing position augmented by the fast growing Eats business and freight