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Monthly Archives: May 2013

Buffet Bets on Business Insurance ‘Big Time’

*from www.bloomberg.com, May 3, 2013 (To view original article click here.) Take Away #1: Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc. (BRK/A), is planning an expansion in commercial insurance after hiring four executives...

Dow Reaches 15,000 as Copper Jumps While Treasuries Fall

*from www.bloomberg.com, May 3, 2013 (To view original article click here.) Take Away #1: U.S. stocks rallied, with the Dow Jones Industrial Average reaching 15,000 for the first time. Key Facts and Figures: The Dow climbed 157.14 points,...

Americans Most Upbeat in Five Years as Firings Slow: Economy

*from www.bloomberg.com, May 2, 2013 (To view original article click here.) Take Away #1: Consumer sentiment climbed last week to the highest level in more than five years and claims for jobless benefits unexpectedly dropped, indicating the...

U.S. Stocks Rise as ECB Cuts Rate, Jobless Claims Fall

*from www.bloomberg.com, May 2, 2013 (To view original article click here.) Take Away #1: U.S. stocks rose, with the S&P 500 Index erasing most of yesterday’s decline, as the European Central Bank cut its key interest rate and American...

U.S. Stocks Fall on Economic Data Before Fed Statement

*from www.bloomberg.com, May 1, 2013 (To view original article click here.) Take Away #1: U.S. stocks fell, dragging the S&P 500 Index from a record high, on slower growth in payrolls and manufacturing as investors awaited a policy statement...

Apple’s Ive Seen Risking iOS 7 Delay on Software Overhaul

*from www.bloomberg.com, May 1, 2013 (To view original article click here.) Take Away #1: Jonathan Ive, six months into an expanded role as Apple Inc.’s top product visionary, has embarked on a sweeping software overhaul. Key Facts and...