Investing

Billionaires Carl Icahn and Warren Buffett. Getty Images (l) | CNBC (r) Activist investor Carl Icahn thinks Occidental Petroleum CEO Vicki Hollub got played by the Oracle of Omaha himself, Warren Buffett, in the company’s effort to buy Anadarko Petroleum. “Buffett figuratively took her to the cleaners,” Icahn said in a letter to shareholders Monday.
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‘BAANG’ is the new ‘FAANG.’ So says technical analyst John Roque at Wolfe Research, who believes a group of gold miners he coined as BAANG— Barrick Gold, AngloGold, Agnico Eagle Mines, Franco-Nevada, Gold Fields — are better plays than mega-cap FAANG names as they might have reached their peaks and started losing steam. “We made
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Tim Cook, chief executive officer of Apple, Inc. Daniel Acker | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Thursday: Raymond James upgraded Apple to ‘outperform’ from ‘market perform’ Raymond James upgraded the stock saying it had “conviction” in the Apple 5G iPhone. “Our call may well be early –
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Tim Cook, chief executive officer of Apple Inc., speaks during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Monday, March 25, 2019. David Paul Morris | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Wednesday: Goldman Sachs raised its price target on Apple to $187 from
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A Jeep Renegade 4×4 e is presented at the Geneva Motor Show March 5, 2019. Signage in the background says”‘FCA Fiat Chrysler Automobiles,” to which Jeep belongs. Uli Deck | picture alliance | Getty Images Here are the biggest calls on Wall Street on Tuesday: Goldman Sachs initiated Fiat Chrysler as ‘sell’ Goldman said FCA
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Treasury Secretary Steven Mnuchin has concerns about Facebook‘s proposed cryptocurrency and its potential illicit use. In a press conference Monday, Mnuchin said Facebook’s planned digital currency “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.” “Cryptocurrencies such as bitcoin have been exploited to support billions of dollars
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James Gorman, chief executive officer of Morgan Stanley. Michael Nagle | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Friday: Citi upgraded Morgan Stanley to ‘buy’ from ‘neutral’ Citi said that Morgan Stanley‘s upcoming earnings may be “difficult,” but it likes the firm’s “limited rate exposure.”  “While 2Q19 is expected
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Christian Sewing, chief executive officer of Deutsche Bank AG, pauses as Germanys biggest bank announces full year earnings in Frankfurt, Germany, on Friday. Feb. 1, 2019. Deutsche Banks revenue contracted for an eighth straight quarter in the final months of last year, complicating Chief Executive Officer Christian Sewings plan to turn around the lender through
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