Maybe not, but investors historically on the value side are now buying more stocks on the growth side of the market. But should they be?
Investor relations professionals should prepare for what's eventually inevitable: a reversion to the mean for stock prices.
The company, India’s largest mobile-payments firm, saw a spike in users after Prime Minister Narendra Modi’s decision to pull cash from circulation.
The possibility of a self-driving future apparently doesn't faze Warren Buffett, who will acquire majority control of Pilot Flying J in 2023.
The utility operator will acquire Oncor's bankrupt owner for $9.45 billion, adding Texas' largest power transmission system to its portfolio.
For a second straight quarter, the insurance group dragged down the conglomerate's operating profit, though its BNSF railroad keeps rolling along.
Berkshire agrees to buy Oncor from Energy Future Holdings for $9 billion in cash.
The rating agency says IBM's transition to operating stability as it spends heavily on new businesses "will take longer than we had previously forecast."
The decline in earnings reflected an after-tax loss of $267 million from insurance underwriting that offset gains from the BNSF railroad and utilities.
Digitization is forcing finance chiefs to shed some old habits.
"Our expectation is that investment gains will continue to be substantial — though totally random as to timing," Chairman Warren Buffett said.
The deal would be the third-biggest takeover in history but Unilever said Kraft's offer “profoundly undervalues the company."
