Icahn says US stocks overvalued
Billionaire Carl Icahn is wary because of weak growth in the US as well as in emerging markets.
Billionaire Carl Icahn is wary because of weak growth in the US as well as in emerging markets.
It's over. The two-year earnings recession is finished and the S&P;/ASX 200 will hit 6000 by the end of next year.
The ASX ended sharply lower as investors reacted to news of the detention of Crown employees in China.
Earnings are set to turn positive and level the playing field for unloved value stocks, Credit Suisse says.
As the M&A; season heats up, Perpetual warns investors to look for red flags before rewarding acquiring companies.
It will be hard for three of the big four banks to maintain dividend payouts, says Australia's biggest listed investment company.
Sydney-based fund manager Ophir Asset Management has hired former Bell Potter Securities institutional sales trader Rob Saunders.
The ASX is set to start the week slightly lower but a flood of data and events will keep investors busy this week.
US stocks closed little changed to end the week amid data that bolstered the case for higher rates.
The legendary investor says there are plenty of opportunities to make some serious money.
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