Steve Cohen was unmasked by Artnet as the mystery buyer of a Jeff Koons rabbit sculpture last week in New York for $91 million, a record for a living artist at auction.
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May 21 - Hedge Funds, Insider Trading
Gone are the days when health insurance, retirement policies and paid vacation time were regarded as great employee benefits; today the 10 companies with the best benefits packages...
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April 12 - Lists, News
There are different ways in which the value of a stock can grow.
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September 18 - News
The Dow Jones Industrial Average is well-known for its stability.
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September 11 - News
Unlike, say, a Peter Lynch, the former head of Fidelity's famed Magellan Fund, which he ran from 1977 to 1990, Buffett has adroitly steered Berkshire Hathaway Inc.
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September 9 - News
After gaining nearly 100 points yesterday the Dow Jones Industrial Average (INDEXDJX:^DJI) is up only 0.13% as of 2:45 P.M EDT, taking a breather before tomorrow's closely watched...
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September 5 - News
Companies have long offered incentives to consumers in an effort to drive revenues and help the bottom line.
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September 4 - News
Over the last several years, the world has begun its switch from paper money to plastic cards. This trend has fueled incredible growth for credit card companies and made Visa...
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September 3 - News
Plastic will continue replacing cash as a payment method all over the world for years to come, and this is a strong secular tailwind benefiting the major players in the debit ...
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September 3 - News
One reason so many investors follow the Dow Jones Industrial Average (INDEXDJX:.DJI) is that all 30 of its component stocks pay dividends.
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September 2 - News
The term "credit score" is tossed around like it's going out of style.
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August 28 - News
Today, 85% of all retail transactions are made with cash or check, but is that about to change? It's beginning to look that way, as consumers start to leave their cash in the ...
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August 26 - News
Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing...
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August 26 - News
In a notable week in which the Dow Jones Industrial Average broke a six-day losing streak, the Nasdaq halted trading for a few hours, and some retailers saw massive moves after...
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August 25 - News
U.S. stock markets fell this week, as traders continue to be concerned about the Federal Reserve's plans to "taper" an $85 billion bond-buying program later this year.
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August 19 - News
Buffett would have probably excelled regardless of when he was born, but not unlike the industrial titans of the Gilded Age, it didn't hurt that he came into the world on the ...
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August 17 - News
Editor's Note: Berkshire Hathaway Inc. (NYSE:BRK.B), Suncor Energy Inc. (USA) (NYSE:SU), The Washington Post Company (NYSE:WPO), Gannett Co., Inc.
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August 16 - News
The Isis mobile-wallet system has been around for years, but consumers have hardly noticed. That might be about to change.
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August 13 - News
Another day, another government probe into the banking industry. JPMorgan Chase & Co (NYSE:JPM) admitted in a filing yesterday that it is the target of a new-ish Department of...
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August 13 - News
A landmark ruling in a federal case regarding debit card fees could potentially cost the kings of plastic billions.
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August 12 - News
A landmark ruling in a federal case regarding debit card fees could potentially cost the kings of plastic billions.
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August 7 - News
The key to making money on the stock market is not a hugely complicated trading strategy requiring terabytes of computing power.
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August 7 - News
Mastercard Inc (NYSE:MA)'s long-term investors must be quite happy.
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August 6 - News
If you look at Berkshire Hathaway's latest 13F filing, you'll see three credit companies listed: American Express Company (NYSE:AXP), Mastercard Inc (NYSE:MA), and Visa Inc (...
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August 5 - News
I hate it when $1 billion goes missing don’t you? Much to my surprise, in Visa Inc (NYSE:V)’s most recent earnings, the company reported stellar growth by nearly every metric...
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August 5 - News
Revenue and macroeconomic conditions have a very strong positive co-relation for credit services companies.
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August 2 - News
If stock market returns truly represented the health of the entire economy, we'd all be sitting pretty right now.
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August 2 - News
Mortgage banking may steal the headlines, but when it comes to growth stories in finance, it’s all about the unbanked -- people who don’t have a bank account.
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August 1 - News
eBay Inc (NASDAQ:EBAY)'s second quarter results were overshadowed by the company's subdued outlook for earnings for the second half of the year.
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August 1 - News
What: Shares of Visa Inc (NYSE:V) have suffered one of the worst declines of their brief public history today.
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July 31 - News
The payments industry has seen significant secular changes, from cash-based payments to check-based.
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July 31 - News
When I see a stock trading for nearly $600 a share, I have the same reaction many investors probably have.
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July 30 - News
What does this mean? It means we - the consumer - are swiping our cards again, and more often as time goes on! I suppose you might want to own a company to benefit from this macro...
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July 29 - News
Financial service companies experience constant change due to new regulation, political uncertainty, and market consolidation.
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July 29 - News
It's no secret that Warren Buffett has had tremendous success investing in large, well-known companies, many of which appear in the Dow Jones Industrial Average.
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July 28 - News
“Consumer borrowing in the U.S. climbed in May by the most in a year,” according to Bloomberg. Credit cards, school loans, and automobile loans led the list.
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July 24 - News
Earnings season has gone just about exactly the way bullish investors would have expected so far.
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July 19 - News
American Express Company (NYSE:AXP) is scheduled to release its quarterly earnings report tomorrow, and with the stock trading near all-time highs, investors expect a lot from...
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July 17 - News
Despite a weaker-than-expected rise in retail sales numbers and a report indicating that GDP growth in China is continuing to slow, the markets are modestly higher this afternoon...
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July 15 - News
Capital One Financial Corp. (NYSE:COF)'s famous slogan is "what's in your wallet?", but I'm less concerned with what's in your wallet and more concerned with what's in your portfolio...
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July 15 - News
JPMorgan Chase & Co. (NYSE:JPM) is scheduled to release its quarterly earnings report tomorrow, and there's a lot riding on what the big bank says about its future.
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July 11 - News
Doomsday preppers may keep cash and gold around, but how much cash will you carry around in say...two to five years? The cashless society has proven so dire for Kenyan pickpockets...
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July 10 - News
This afternoon at 2 p.m. EDT, the Federal Reserve's most recent meeting minutes are scheduled to be released.
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July 10 - News
In May, the Bureau of Economic Analysis published its Personal Income and Outlays Report. According to its report, consumer spending increased 0.1% from the previous month.
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July 10 - News
The markets are picking up steam, recovering from the 7.5% peak-to-trough fall. Cyclical sectors have taken the lead from the June 24th low.
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July 10 - News
Early in trading, it was looking like the day off for yesterday's Independence Day holiday had given the market some much-needed rest.
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July 7 - News
The three credit services providers, Visa Inc (NYSE:V), Mastercard Inc (NYSE:MA) and American Express Company (NYSE:AXP) have all been on a good run during the last few months...
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July 5 - News
There's a heated discussion going on whether the massive money printing by the Fed will cause interest rates to rise, or whether now is a good time to buy treasuries after their...
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July 3 - News
