Burger King likes more than Tim Hortons' tax rate
Our top managers continue to focus on higher-quality businesses rather than seeking out bargains in a market that (in many of their minds) has become fully valued.
Corporate credit spreads are fairly valued--albeit at the tight end of the range that we view as fairly valued.
Our top managers remain cautious, focusing more on relative valuation and increasing their willingness to book gains in the face of a rising (but potentially overvalued) market.
Some static in the Comcast-TWC tie-up, Yellen and Pepsi stay the course, and slow and steady pays dividends for Realty Income.
Widening investment-grade credit spreads and rising interest rates lead to losses.
Modest pockets of value emerge among consumer defensive companies.
Despite the distraction created by the proxy fight H.J. Heinz HNZ has waged with activist investor Nelson Peltz for much of the year, the company reported better-than-expected results for its fiscal first quarter. While we are comfortable with our long-term assumptions for the company, we are ...
It's time for the company to focus on packaging and shed the remaining noncore businesses.
T. Rowe Price readies an ultra-short bond fund, and David Resnick finally arrives at Third Avenue.