You Searched For "david kass" and got 19 results
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2 mins read
Warren Buffett's favorite market indicator soars to 30-month high, signaling global stocks are overpriced
The famed investor said it "should have been a very strong warning signal" when the gauge hit a rec…
Theron Mohamed
3 mins read
Stocks in these 11 industries are set to rocket higher once a COVID-19 vaccine is approved, UBS says
"Debt levels have surged for most of the hardest hit industries such that the upside for those leve…
Matthew Fox
2 mins read
Warren Buffett slashes JPMorgan and Wells Fargo stakes, bets on Barrick Gold
The billionaire investor and Berkshire Hathaway CEO also trimmed positions in BNY Mellon, PNC Finan…
Theron Mohamed
2 mins read
Fed governor says central bank will partner with MIT on possible digital currency
The program involves a "hypothetical" currency, Fed Governor Lael Brainard said, adding the central…
Ben Winck
2 mins read
The number of people employed in the UK dropped by the most since 2009 — a sign the jobs market may face yet more pain from the COVID-19 crisis
"The alarm bells couldn't be ringing any louder. Ministers must act now to protect and create jobs,…
Shalini Nagarajan
2 mins read
Bankruptcy risks pose the greatest threat to the stock market's rally to near-record levels, famed economist Mohamed El-Erian says
"You have a very strong technical supporting this marketplace," El-Erian told CNBC, but large-scale…
Ben Winck
2 mins read
Global stocks slide as COVID-19 vaccine relief quickly fades with the US imposing new restrictions
The state of New York will see several new measures go into force from Friday, two weeks before Tha…
Shalini Nagarajan
2 mins read
Lyft's set to surge 33% on a ridership bounce-back and stronger path to profitability, Wedbush says
Lyft executives reiterated Tuesday they expect the company to reach profitability for the first tim…
Ben Winck
4 mins read
Meet Greg Abel, the 58-year-old Berkshire Hathaway vice chairman just tapped as Warren Buffett's successor
"I'm trying to understand what our competitors are doing, what's the fundamental risks around those…
Will Daniel
2 mins read
Warren Buffett's Berkshire Hathaway strikes $10 billion deal with Dominion Energy for natural gas assets
"We are very proud to be adding such a great portfolio of natural gas assets to our already strong …
Theron Mohamed
3 mins read
Warren Buffett may have dumped his $5 billion JPMorgan stake last quarter, investor Chris Bloomstran says
The famed investor and Berkshire Hathaway CEO potentially sold Occidental Petroleum, Goldman Sachs,…
Theron Mohamed
3 mins read
Layoffs threaten asset managers
The top finance stories for August 11, including the latest news on layoffs coming for asset manage…
Dan DeFrancesco
4 mins read
Global oil demand will not recover until well into 2021, even with a COVID-19 vaccine, the IEA says
Oil demand will not recover until at least the middle of 2021, even with an effective vaccine, the …
Amanda Cooper
3 mins read
Dow climbs 358 points as Trump stimulus orders offset China tensions
Investors were encouraged by President Trump signing four executive actions over the weekend to ext…
Carmen Reinicke
4 mins read
Apple is staffing dozens of doctors amid a greater medical focus
Apple's not the only tech giant dipping into the medical field for new hires. Google recently&…
Nicky Lineaweaver
2 mins read
7 Famous Tweets That Moved Markets
A fake Tweet from Muddy Waters head Carson Block in January caused a company called Audience Inc. t…
Rob Wile
1 min read
WARREN BUFFETT: George W. Bush Once Said The Greatest Economic Statement Of All Time
Money market funds held a lot of Lehman paper. It happened overnight, 30+ million Americans who bel…
3 mins read
How a fruit and nut bar that couldn't impress Wal-Mart shoppers ended up becoming a bestselling snack
They now feature all of our lines prominently. Our granola line is the bestseller in its category. …
Daniel Lubetzky, "Do the KIND…
4 mins read
Short Sellers Re-Emerge As Stocks Appear Pricey And The Fed Pulls Back
Neuberger Berman Group LLC is taking advantage of the environment. The New York-based investment fi…