When the dust settled on the 83rd Academy Awards Sunday night, it became clear that once again the major prizes went to big studio productions dominated by five public companies: Disney (DIS), News Corp. (NWSA), Sony (SNE), Time Warner (TWX), and Viacom (VIA). Let’s look at how the top movies performed and […]
JP Morgan Chase & Co. (JPM) created a social media fund that is rumored to be in talks to buy a 10% stake in Twitter. The New York Times’ Dealbook reports: JPMorgan Chase’s new fund aimed at investing in social media companies is seeking to buy a minority stake in Twitter that […]
letter to shareholders on Saturday. In his typical folksy manner, the Oracle from Omaha touched on such complex topics as performance measurement and capital
Our Chief Operating Officer Simon Veingard was interviewed on AOL’s DailyFinance last week. Here’s the video:
Bob Preston of Craigmillar, LLC manages the Global Clean Energy-Clean Tech portfolio on Covestor. We had the opportunity to ask Bob about his thoughts on the impact of the recent turmoil in the Mideast on investing in the energy sector. His response: Craigmillar focuses on the decarbonization of energy, i.e. the […]
John Warn manages Covestor’s Precedent-Based portfolio, which combines fundamental analysis with technical indicators with the goal of minimizing risk. Once of John’s largest positions going into last week (2/20 – 2/25/11) was Netflix (NFLX), but he liquidated the position throughout the week. We took the opportunity to ask John about his […]
Priceline.com Incorporated (PCLN), the online fixed and auction hotel reservation site, posted a 35% increase in revenues in its 2010 fourth quarter, with growth led by new markets such as Asia-Pacific and South America. From the company’s press release: “The Group’s worldwide hotel business performed well for the 4th quarter […]
Toll Brothers, Inc. (TOL) is a luxury home builder active in nineteen states. Given the state of the housing market, one would expect poor performance, but according to TOL’s 1Q 2011 earnings release on 2/23/2011, the company has staged a comeback: The Company reported FY 2011 first quarter net income […]
Warren Buffett’s annual letter reviewing Berkshire Hathaway’s performance is is out (.pdf). As always, it’s a highly accessible must-read not only for hard core investors, but for anyone interested in one of our generation’s great business minds. As venture capitalist Brad Feld succinctly states, “it’s good, interesting, fun and clever.” […]
Between February 26, 2011 and March 2, 2011 we will be upgrading our website and internal systems. On February 26 the Covestor.com website is expected to be offline for up to 2 hours between 5 am and 12 noon EST. Between February 28 and March 2, the site may become […]
Derek Pilecki of Gator Capital Management manages the Long Only Energy portfolio on Covestor. We had the opportunity to ask Derek about his thoughts on the impact of the recent turmoil in the Mideast on investing in the energy sector. His response: Here are some thoughts about the events in Libya […]
The Boeing Company (NYSE: BA) won a lucrative contract from the Air Force on Thursday for aerial fueling tankers. According to the New York Times: Pentagon officials said decision was based solely on price. Boeing’s bid was more than 1 percent below that of its rival, the European Aeronautic Defense […]