Dec 17, 2015 by Alex Dumortier, CFAA Buying Opportunity for the Post-Hike MarketThe abrupt closing of Third Avenue's Focused Credit Fund has created an opportunity in high yield for patient, value-driven investors.
Dec 16, 2015 by Alex Dumortier, CFAThe Fed's Historic Rate Hike: A Stock Investor's PerspectiveThe Federal Reserve is widely expected to end the era of the zero interest rate today. Here's how stock investors should think about this historic action.
Dec 15, 2015 by Alex Dumortier, CFAValeant Pharmaceuticals: It's Not All Good News TodayValeant Pharmaceuticals International Inc will drop prices on some products as part of a new agreement with Walgreens Boots Alliance Inc, but new questions surface about the company's governance.
Dec 14, 2015 by Alex Dumortier, CFAThe Fed's Rate Hike Is Upon Us: Here's What It Means for StocksThe Federal Reserve will likely raise rates at this week's Federal Open Market Committee meeting for the first time in a decade. Here's how stock investors should think about this.
Dec 13, 2015 by Alex Dumortier, CFA3 Predictions That Were Totally Wrong in 2015Wall Street got the trends all wrong with its predictions for the price of oil and long-term interest rates in 2015.
Dec 11, 2015 by Alex Dumortier, CFAWho Is "China's Warren Buffett"?Guo Guangchang, the chairman of China's Fosun Group, has modeled Fosun on Warren Buffett's Berkshire Hathaway, Inc.
Dec 10, 2015 by Alex Dumortier, CFAWhat the Fed's Announcement Means for Bank of America ShareholdersBank of America Corp gets the nod from the Fed on its capital plan. Investors can look forward to a dividend increase in April.
Dec 9, 2015 by Alex Dumortier, CFAOn Wall Street, Goldman Sachs Is the Last Man StandingMorgan Stanley significantly curtails its fixed income activity in sharp contrast to Goldman Sachs' commitment to this business.
Dec 8, 2015 by Alex Dumortier, CFAThe 1 Stock to Play the Mining Sector's CollapseAlcoa Inc is no longer just a commodity producer -- it's transformed itself to focus on higher value-added businesses. Miners' current slump has created an opportunity for value-driven investors.
Dec 7, 2015 by Alex Dumortier, CFAMeet the Consumer Goods Wizards Acquiring Keurig Green MountainJAB Holding Company is acquiring Keurig Green Mountain Inc in a deal valued at $13.9 billion. The deal is another milestone for the three consumer goods wizards, who are creating a coffee empire.
Dec 6, 2015 by Alex Dumortier, CFAThe Week Ahead: Goldman Sachs Gathers Financials Together, Consumer CreditGoldman Sachs holds its annual U.S. Financial Services Conference on Tuesday. Here's how the bank did regarding its predictions from last year's conference.
Dec 6, 2015 by Alex Dumortier, CFAThis Legendary Investor Just Added These 3 Stocks to His HoldingsSeth Klarman's Baupost Group added Alcoa, PayPal Holdings, and Twenty-First Century Fox to its holdings during the third quarter.
Dec 4, 2015 by Alex Dumortier, CFA2 Stocks This "Fund Manager of the Decade" Is Buying -- and One He's SellingDuring the third quarter, Bruce Berkowitz’s Fairholme Capital Management initiated positions in Citigroup Inc. and International Business Machines Corp. and reduced its position in Bank of America Corp.
Dec 3, 2015 by Alex Dumortier, CFAThe Pfizer-Allergan Merger: From Serial Acquirer to Serial OffenderPfizer is giving away too much to Allergan shareholders in order to carry out their tax-advantaged merger.
Dec 2, 2015 by Alex Dumortier, CFAOil Prices Near 6-Year Lows Aren't the Only Threat to Production CompaniesWith the Paris Climate Conference underway this week, there are signs oil and gas companies could face a chillier environment within the investment community in the coming years.
Dec 1, 2015 by Alex Dumortier, CFACould This Company Be Berkshire Hathaway's Largest "Bolt-On" Acquisition to Date?The Financial Times reports that Warren Buffett's Berkshire Hathaway Inc. could be considering a bid for electricity transmission company ITC Holdings Corp.
Nov 30, 2015 by Alex Dumortier, CFAApple Ranks Near Last on This MeasureAs a percentage of revenues, Apple Inc. spends significantly less on R&D than its technology sector peers.
Nov 27, 2015 by Alex Dumortier, CFAGold Falls to a 6-Year Low, but Could Fall Another 25%With a December rate hike looking likely, the price of gold falls to its lowest level since Oct. 2009.
Nov 25, 2015 by Alex Dumortier, CFAEven Pfizer and Allergan Have Doubts About Their $160 Billion MergerThe merger agreement between Pfizer Inc. and Allergan PLC suggests both companies have some doubts regarding whether the deal can be completed.
Nov 24, 2015 by Alex Dumortier, CFA2016: Goldman Sachs on Stocks, Warren Buffett on OptimismGoldman sees the market treading water next year but likes stocks with a high total cash return.