investing news stories on Newser

Facebook's Stock Should Trade at ... $13.80

John Johnson — Fri, 25 May 2012 12:44:05 CDT

Facebook shares are trading well south of the $38 IPO price, prompting Mark Hulbert of MarketWatch to wonder what the true price should be. Facebook investors might want to shield their eyes from his answer: $13.80. He derives the figure in part with the help of a new study...

Facebook Investors Are 'Wall Street Suckers'

John Johnson — Thu, 24 May 2012 13:57:33 CDT

If you happen to be among those Facebook investors cursing the IPO's rough start, David Weidner at the Wall Street Journal has a little salt for your wound: You're probably an "old-fashioned Wall Street sucker," he writes. After all, the signs of "shifty business" were clearly evident before the big...

You Should Buy Apple Stock

Kevin Spak — Thu, 16 Feb 2012 10:37:51 CST

You might think that with its stock north of $500 a share, after rising 30% in six months, that Apple has peaked financially. But you'd be wrong, writes Farhad Manjoo of Slate . Apple's price-earnings ratio is still a humble 14—cheaper even than Google, Amazon, and even beleaguered Yahoo. And...

Nervous Investors Scoop Up All the Gold They Can

John Johnson — Fri, 22 Apr 2011 13:00:05 CDT

Gold prices will not set another record high today in the US—but only because the markets are closed for Good Friday. That seems to be the only way to cool off the commodity, which rose nearly $5 an ounce yesterday to close at a record $1,503.20, notes...

Buffett: Beware 'Overpriced' Social Networking Sites

John Johnson — Fri, 25 Mar 2011 15:37:05 CDT

Warren Buffett says he's just itching to make another big deal for his beloved Berkshire Hathaway, but you won't catch him frothing over the slew of initial public offerings expected in the tech world, reports Bloomberg . “Most of them will be overpriced,” said Buffett. "It’s extremely difficult to value social-networking-site...

Buffett: Japan Presents 'Buying Opportunity'

Matt Cantor — Mon, 21 Mar 2011 12:30:16 CDT

There’s no need to panic about Japanese markets post-earthquake, says Warren Buffett: Such cataclysmic events often create a “buying opportunity,” he tells Reuters from South Korea. “It will take some time to rebuild,” but the market plunge “will not change the economic future of Japan.” Put it this way: “If...

It's a Good Time to Get Back in Stock Market

John Johnson — Fri, 24 Sep 2010 16:15:46 CDT

Bullish advice today from Washington Post economic columnist Steven Pearlstein: Get back in the stock market, specifically in "shares of large, solid dividend-paying companies." His "gut" tells him the market's pretty much done bottoming out. Why be optimistic? Because "so many other people are so pessimistic." Investors have shifted hundreds...

Buffett Bets on Baby Boomers Drinking Wine

Kevin Spak — Wed, 10 Mar 2010 10:19:17 CST

Warren Buffett, who watchers had expected to buy a beer distributor, made a recent bet on wine instead, reports Business Insider, in a move that reflects the drinking habits of aging baby boomers. A subsidiary of Buffett’s Berkshire Hathaway has a deal in place to buy Empire Distributing, a niche...

Here's What a Wedding Really Costs

John Johnson — Sat, 20 Feb 2010 13:13:14 CST

The cost of a typical wedding fell to $17,500 last year, down 8% from 2008 thanks to the recession. But that's not even the half of it, writes Brett Arends. If couples did the math, they'd "probably get married in flip-flops," he says. "Your $18,000 wedding? It may...