Account
By James RobertsMy Stockdiagnostics model has 14 positions and about 12% cash as of April 30, 2013. Two of the 14 positions are what I term multi-industry investments: Leucadiaand Boulder Income Fund. Boulder Income Fund is a traditional closed-end fund invested around 25% in Berkshire Hathaway.With Boulder trading at approximately a 15% discount to NAV, it seems like an attractive way to invest in Berkshire, in my opinion. Leucadia and Berkshire are in a joint mortgage venture called Berkadia . The Berkshire annual meeting is held in May, and we are starting to see some of Buffett's comments in the media.Berkshire Hathaway has a long term position in Wells Fargo. Portfolio's holdings in Wells Fargo were sold on May 6, 2013 in an attempt to eliminate overexposure while recognizing that the banking sector is not much more attractive than average these days.JP Morgan was sold in the last 60 days, as well. The portfolio has been in and out of Safeway at a loss, but continues to hold Krog...
University of Maryland economist Peter Morici, Stephen Moore of the Wall Street Journal, and WSJ economics reporter Ben Casselman discuss the February jobs report.
Kroger Co. (KR) reported better-than-expected fourth-quarter profit, but added its sales trends will continue to be volatile this year as consumers grapple with a st...
Kroger Co. (KR) swung to a fourth-quarter profit as the grocery-store operator recorded solid revenue growth, while also benefiting from an accounting related credit...
In the financial markets, the term overbought can be off-putting to some investors. To some, learning that a stock, commodity or ETF is overbought could mean that se...
Wal-Mart says it saved families $2.3 billion with cheaper produce. The retail giant made the announcement as part of its push to help fight obesity at the urging of ...
U.S. stocks fell Thursday, with the S&P 500 tallying its first two-day losing run this month, as a weak regional manufacturing index and uncertainty over U.S. moneta...
U.S. stocks on Thursday posted modest declines, with the S&P 500 index in position for its first two-day losing run this month, as a weak regional manufacturing gaug...
Safeway Inc.'s (SWY) fourth-quarter earnings beat expectations, as its new loyalty program and gas-station rewards are helping it attract cost-cautious consumers fro...
The stock market continued to undergo a correction on Thursday, although losses were contained. Investors are worried about a falling euro, along with the potential ...
Safeway Inc.'s (SWY) fourth-quarter earnings rose 13% as the supermarket operator was buoyed by modest revenue growth and a legal-settlement benefit.Shares were up 6...
Safeway Inc.'s (SWY) fourth-quarter earnings rose 13% as the supermarket operator was buoyed by modest revenue growth and a legal-settlement benefit.Shares were up 6...
Safeway shares were the leading percentage gainer on the S&P 500 Thursday morning, surging 6% to $21.30. The supermarket chain trounced Wall Street's fourth-quarter ...
Qiagen NV's (QGEN) first-quarter earnings fell 30% mostly on higher business integration expenses and other items as the medical-testing technologies company also sa...
From MARKET TALK:0848 GMT [Dow Jones] US stocks are set for a weaker start Tuesday after the S&P 500 recorded a new all-time closing high in the previous session, sa...
Safeway Inc on Monday said Robert Edwards, the supermarket operator's president, will succeed Steven Burd as chief executive when Burd retires from the chairman and ...
Blackhawk Network Holdings Inc. shares jumped 15% to $26.35 Friday on its first day of trading. The company, a majority owned subsidiary of Safeway Inc. , on Thursda...
Heading into the start of trading Wednesday, the SPDR S&P 500 (NYSE:SPY) was up 10.6 percent year-to-date, including paid dividends. That sounds pretty good and it i...
Good service seems to be tough to come by these days, particularly in the retail industry.According to a review of the 2012 American Consumer Satisfaction Index (ACS...
Safeway (NYSE:SWY) said on Friday its board approved a quarterly cash dividend of $0.175 per share.The dividend will be payable on April 11 to stockholder of record ...