If you haven’t already heard, the Twitter IPO (TWTR) was released today. Unfortunately, it is a little harder to get in, unless you’re willing to pay a premium. I say “premium” because everyone is looking to dump their shares on to you. Individual traders, young and old, get sucked into these initial public offerings (IPOs)
admin
Pull back the curtain on the Zacks Rank and discover why investors continue to beat the market year after year with this proven stock rating system.
In this video David draws our attention to some of the most frequent mistakes that traders make. From fighting the trend and opening positions with unreasonably large sums to having stop losses too close, David discusses all these scenarios and shows how they unfold on real charts. While not following the trend and placing stop
The writer, a former senior adviser to UK chancellors Philip Hammond and Sajid Javid, is a partner at Flint Global; he writes in a personal capacity Boris Johnson’s government has been fundamentally “un-Conservative”. That has been the impression given by the Tory leadership contest so far. Inevitably, the debate has been dominated by the modern
Warren Buffett’s Berkshire Hathaway dramatically slowed new investment in the second quarter after setting a blistering pace at the start of the year, as the US stock market sell-off pushed the insurance-to-railroad conglomerate to a $43.8bn loss. Berkshire said on Saturday that the drop in global financial markets had weighed heavily on its stock portfolio
America’s largest oil and gas producers are keeping a lid on supply, defying calls from the Biden administration to lift output even as soaring fuel prices driven by Russia’s war in Ukraine deliver bumper profits. Top shale oil and gas producers including ConocoPhillips, Pioneer Natural Resources and Devon Energy all unveiled a sharp increase in
Western capitals are increasingly alarmed about the deepening economic co-operation between Turkey’s president Recep Tayyip Erdoğan and Vladimir Putin, warning of the mounting risk that the Nato member state could be hit by punitive retaliation if it helps Russia avoid sanctions. Six western officials told the Financial Times that they were concerned about the pledge
The private equity businesses at some of the buyout industry’s most prominent firms are beginning to contract as a sharp slide in financial markets and a slowing of new investment from institutional investors lead to declining assets under management. Most publicly traded US buyout firms, including KKR, Carlyle Group and Apollo Global, reported declining assets
In this article BRK.A An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S. April 30, 2022. Scott Morgan | Reuters Berkshire Hathaway‘s operating profits jumped in the second quarter despite fears of slowing
Welcome back. This weekend I’m looking at war fatigue in Europe and the US, and the impact of western sanctions on Russia. But first, thanks for voting in last week’s poll. Some 58 per cent of readers said yes, the European Central Bank would use its new bond-buying instrument to help Italy, and 22 per
Cold shower anyone? The hot water has been turned off in some German leisure centres. In Spain, energy savings measures are starting to bite. Offices, bars and shops are banned from adjusting the thermostat below 27C in summer or above 19C in winter. Temperature restrictions reflect the severity of Europe’s energy shortage. Soaring prices are
Your browser does not support playing this file but you can still download the MP3 file to play locally. The voting process in the contest for a new Tory leader and prime minister was delayed over security concerns, but the campaign continued with Liz Truss looking all but certain to win. We discuss her lines
Here we go again. The debate about the Parthenon Marbles in the British Museum — should they, shouldn’t they be returned to Greece, where a sparkling purpose-built museum overlooking the Acropolis from which the sculptures were wrenched by Lord Elgin from 1801-05 sits waiting for them — seems to go on for ever. It was
Even in a city noted for places freighted with the darker chapters of history, Plötzensee Prison is a distinctively grim spot on the Berlin map. The red and yellow brick mid-19th century facility, tucked away in the city’s western reaches near the now abandoned Tegel airport, gained infamy under the Nazis as one of the
Bordeaux Index, the world’s largest fine-wine trader, is toasting surging sales as investors flock to rare vintages in part as a hedge against rampant inflation. Revenues at the fine wine merchant reached £80mn in the six months to June 30, up 37 per cent on the same period last year. That puts the London-headquartered company
In days gone by, Conservatives used to be in favour of conserving things. Liz Truss, whose political identity was formed during the tumult of Margaret Thatcher’s premiership, is in a hurry to challenge orthodoxies, overhaul institutions, and generally shake things up. “There are things I very much care about conserving,” the foreign secretary said, looking
Liz Truss, the Tory leadership frontrunner, has rejected “handouts” as the best way to help households through the worst income squeeze in 60 years, promising instead tax cuts and radical economic reform. Truss, in an interview with the Financial Times, defied the “abacus economics” of the Treasury, insisting she would press ahead with tax cuts
Recep Tayyip Erdoğan and Vladimir Putin have pledged to deepen economic ties between their countries as Moscow seeks to soften the blow of western sanctions imposed over its invasion of Ukraine. After a four-hour meeting at Putin’s residence in Sochi on Friday, the Russian and Turkish presidents released a joint statement pledging to raise their
Municipals sold off Friday with the front end of the curve being hit the hardest, though damage was felt across the curve. Triple-A benchmarks outperformed a U.S. Treasury rout where yields rose double-digits, and equities were down near the close. Nearly all triple-A benchmark yields were cut six to 10 basis points and UST yields
Retired Wisconsin Capital Finance Director Frank Hoadley — who left an influential mark on the public finance industry as a champion of issuer advocacy and best marketplace practices — died unexpectedly this week. He was 77. Hoadley was traveling with his wife, Elizabeth, in Scotland when he died. “Frank Hoadley was a giant among the
Rishi Sunak, one of the Conservative leadership hopefuls, has sparked cross-party outrage after he was filmed telling party members in Tunbridge Wells how he had shifted money from “deprived urban areas” to fund projects in the Kent commuter belt. The former UK chancellor’s comments, made in a sun-drenched garden, appeared to cut across the government’s