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Members of Congress hold up to $39 million in Minnesota companies' stock
2014-12-21 03:54:43| Chemicals - Topix.net
It is neither new nor illegal for elected officials to buy stock. But questions about real or perceived conflicts of interest remain so ticklish that many members of the House and Senate - including all but one member of the Minnesota delegation - steer clear.
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Armour Group PLC Stock Rating Reaffirmed by FinnCap
2014-12-21 01:15:53| Airlines - Topix.net
Shares of Armour Group PLC traded up 8.11% during mid-day trading on Friday, hitting GBX 5.00. The stock had a trading volume of 15,000 shares.
Verizon: The Only Way I Would Buy Its Stock
2014-12-20 23:05:27| Grocery - Topix.net
VZ faces lower margins, higher wireless disconnects and the daunting task of paying off $110 billion in debt, paying dividends and making capital investments. Our downgrade reflects higher costs of spectrum, higher churn and lower margins due to intensifying wireless competition and lower target multiples to reflect an uncertain outlook as the competitive landscape shifts.
STM Group Plc Stock Rating Reaffirmed by FinnCap
2014-12-20 20:00:48| Semiconductors - Topix.net
's stock had its "corporate" rating reiterated by investment analysts at FinnCap in a note issued to investors on Friday. They currently have a GBX 30 target price on the stock.
Buffett's Backup Stock Pickers Stumble as GM, Energy Bets Fall
2014-12-20 17:15:51| Industrial Machines - Topix.net
At least half a dozen stocks that Ted Weschler and Todd Combs probably picked for Berkshire Hathaway Inc.'s portfolio are poised to end the year lower than where they started. They include energy companies that have slumped with oil prices; automaker General Motors Co., which has struggled with recalls; and Chicago Bridge & Iron Co., an engineering and construction firm that's down more than 50 percent since Dec. 31. "It appears, on first glance, that Todd and Ted have underperformed the S&P 500 this year," said David Kass, a professor at the University of Maryland's Robert H. Smith School of Business who has studied Berkshire's portfolio.
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