By Michael Snyder, on August 17th, 2015You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now. All over the world, stock markets are already crashing. Most of these stock market crashes are occurring in nations that are known as “emerging markets”. In recent years, developing countries in Asia, South […]
By Michael Snyder, on August 17th, 2015You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now. All over the world, stock markets are already crashing. Most of these stock market crashes are occurring in nations that are known as “emerging markets”. In recent years, developing countries in Asia, South […]
INDONESIA CRASH1. Locals find plane wreckageThank you for voting HappySadAngryDon’t CareInspiredAfraidAmusedAnnoyedThe wreckage of a passenger plane which went missing with 54 people aboard in rugged eastern Indonesia Sunday, August 16, has been found by villagers. The plane was operated by Trigana Air, a small airline that was put up in 1991 to fly 40 local destinations in Indonesia. It has […]
China said on Monday it was prepared to buy shares to stabilize the stock market and avert “systemic risks,” after major indices plunged more than 8 per cent in the biggest one-day fall since 2007.The securities regulator also said market authorities would deal severely with anyone engaged in the “malicious shorting of stocks,” in Beijing’s latest attempt to stave off […]
Thomson ReutersWorkers prepare for the opening of an Apple store in HangzhouBy Noel RandewichSAN FRANCISCO (Reuters) – Activist Investor Carl Icahn thinks Apple Inc is already worth over $1 trillion but others on Wall St. think it will take a few more years for the iPhone maker’s stock value to get there.With Apple’s stock market value ballooning this week beyond […]
SummaryFCX trading below tangible book value.
The stock has a 6% dividend yield at its current price.
Indonesia continues to be a giant thorn in the side of Freeport management.
Dividend may not be sustainable.
Either capex or the dividend needs to be reduced, after examining free-cash-flow.
Freeport-McMoRan (NYSE:FCX) kicks off the Basic Materials festivities Tuesday morning, January 27th, 2015, releasing their 4th quarter, 2014 […]
SummaryThe BlackBerry business model has all but collapsed in recent years.
A recent $1.25 billion convertible bond deal has stabilized BlackBerry business results. The debt financing, however, should not be confused for improved business performance.
[…]
For investors, February is starting off even rougher than January. U.S. stocks tumbled on Monday, pushing the Dow Jones industrial average down more than 320 points after reports of sluggish U.S. growth added to investor worries about the global economy. It was the biggest one-day decline for the blue-chip index in more than seven months. And the drop followed the […]
Fears over a growing emerging market crisis have hit stocks hard in the past month, but BMO Capital Markets is telling investors to relax.“To be sure, U.S. markets are likely to behave much better with emerging market strength, but we strongly disagree with the notion that higher U.S. stock prices require emerging market participation,” said Brian Belski, BMO’s chief investment […]
Pope Brar is a money manager based on the West Coast who has spent a considerable amount of time analyzing the success (as well as the failure) of some of the greatest investors.
Brar has carefully examined the records of such legendary investors as Warren Buffett, Seth Klarman and others to see what they have done to achieve such success over […]
