September 9, 2012 |
Occasionally, we republish blog posts, press releases and other commentaries of interest to the greater Washington business community. This piece is adapted from a post J. Robert Beyster, the retired founder of Science Applications International Corp., wrote for his blog at www.beyster.com . Iwas surprised, as likely many of you were, by SAIC's announcement this past week about the company's plan to split into two independent businesses....
June 7, 2011 |
The August 2010 report on a Nevada company called Kore Nutrition Inc. resembled any of countless research reports issued by Wall Street analysts assessing the outlook for company stocks. Written by Cohen Independent Research Group Inc., it was filled with charts and tables of financial data supporting a conclusion that Kore Nutrition "offers an attractive investment for investors seeking growth from exposure to the fast-growing energy drink market. " The report said the stock was trading at 61 cents at the...
February 21, 2010
Many investors closely watch moves made by Warren E. Buffett's Berkshire Hathaway. Here are some of the significant changes in equity holdings the company made in the last three months of 2009. -- WELLS FARGO Shares held (end of 2009): 342.2 million Change, 2009: +9.5% Share price: $27.37 Change, year to date: +1.4% -- REPUBLIC SERVICES Shares held (end of 2009): 8.3 million Change, 4th quarter: +128.7% Share price: $28.08 Change, year to date: -0.8% -- IRON...
January 12, 2013 |
Since the financial crisis of 2008, money market funds have been the subject of fierce debate. Regulators say money market funds need to be fundamentally transformed to prevent them from creating too much systemic risk. The fund industry has pushed back, trying to preserve the utility of money market funds for millions of investors. Fortunately, a smart compromise exists that would reform the riskiest money market funds while protecting retail investors. Money market funds may seem an unlikely object of controversy because they take...
April 18, 2012 |
Catalyst Health Solutions, a Rockville firm that manages prescription drug benefits for companies and government agencies, was scooped up by Lisle, Ill.-based competitor SXC Health Solutions on Wednesday in a deal worth $4.4 billion. If approved, the transaction will bring the two mid-size benefits managers under one corporate umbrella at a time when the industry is adjusting to new federal health-care mandates and handling more orders for lower-cost generic drugs. ...
October 29, 2008 |
For a brief and bizarre time yesterday, Volkswagen was the world's most valuable company. In normal times, energy titan Exxon Mobil is the world's most valuable company. But these are not normal times. Thanks to a complex series of events involving Volkswagen's stock -- during a time of unique global economic uncertainty -- the German automaker's value topped $370 billion yesterday, besting Exxon's value, or market capitalization, of $343 billion, based on its Monday stock close.