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Bill Nygren's Oakmark Fund: First Quarter 2016 Commentary
2016-04-11 21:42:51| Appliances - Topix.net
The Oakmark Fund declined 1% in the first quarter of 2016, and it lagged behind the 1% gain for the S&P 500. While the broader market increased only modestly from the first day of the quarter to the last, a closer look shows heightened intra-quarter volatility, with a 10% decline during the first half of the quarter followed by a swift recovery during the second half.
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fund
quarter
commentary
China Auto Sales Bounce in First Quarter on Tax Cuts, Discounts
2016-04-11 21:18:39| Auto Dealers - Topix.net
China's automobile market, an engine of the country's expanding economy, rose 5% in March and 6.8% in the first quarter , with sales beating estimates and raising hopes for manufacturers that stimulus measures are working to accelerate growth. Slowing auto sales last year were a key factor in China's overall economic sluggishness, with negative repercussions spreading to investors and markets worldwide.
LG Electronics tips January-March profit to be best quarter in nearly two years
2016-04-11 11:04:10| Electronics - Topix.net
South Korea's LG Electronics Inc said its first-quarter operating profit likely rose 66 percent, pointing to its best quarter in nearly two years with earnings apparently lifted by healthy appliance sales and falling television panel prices. The world's No.
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years
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electronics
US banks' dismal first quarter may spell trouble for 2016
2016-04-11 01:29:07| IT Services - Topix.net
NEW YORK: It is only April, but some on Wall Street are already predicting a rotten 2016 for US banks. Analysts say it has been the worst start to the year since the financial crisis in 2007-2008 and expect poor first-quarter results when reporting begins this week.
Tags: trouble
quarter
banks
spell
First quarter new car sales motor 30% higher - CSO
2016-04-09 01:01:05| Auto Dealers - Topix.net
New figures from the Central Statistics Office show that new car sales rose by 30.1% in the first quarter of the year. The CSO said that a total of 68,375 new private cars were licensed in the first three months of the year compared to a figure of 52,543 the same time last year.
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