Hurricane Harvey

Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) gained $65.3 billion in value in 2017 and outperformed the S&P 500, posting a 21.9-percent rise in market value versus the index's 21.8-percent addition, CEO Warren Buffett said in his annual shareholder letter Saturday. Only $36 billion of...

Shares of Envision Healthcare Corporation (NYSE: EVHC) were trading notably lower by more than 30 percent Wednesday morning in reaction to the company's disappointing earnings report. Envision Healthcare cited the impact of hurricanes Harvey and Irma for its poor performance in the quarter, but...

In a context of geopolitical instability, devastating natural disasters and record-high market valuations, finding investments that can protect investors from market sell-offs isn't easy. However, having a diversified portfolio is fundamental: Prioritizing stability and predictability over...

Many market veterans with decades of experience on Wall Street are struggling to explain the strength of the stock market at a time when the news is full of concerning headlines, CNBC's Jim Cramer suggested during his daily "Mad Money" show recently. In fact, the level of optimism appears to be "...

One man’s trash stock is... another man’s trash. This year’s devastating hurricane season turned a lot of goods into a lot of garbage, but the mounting heaps of personal belongings and infrastructure debris in Texas, Florida and other storm-struck states didn’t merit...

This year’s extreme hurricane season proved disruptive to southern brick-and-mortar businesses, damaging some locations and forcing temporary closures of others. With about 7 percent of its stores in Harvey-impacted areas, Ross Stores, Inc. (NASDAQ: ROST) isn’t immune to injury ━ but it...

On Monday morning, PPG Industries, Inc. (NYSE: PPG) updated its guidance and informed investors that the recent natural disasters, including hurricanes Maria, Irma and Harvey and the earthquakes in Mexico, will cost the company between 5 and 10 cents in diluted EPS in the third quarter. Despite the...

The nation continues to assess the economic and humanitarian impact of hurricanes Harvey and Irma, even as new storm clouds build on the horizon in the form of Hurricane Maria. One area where the storm’s impact appears to be receding is at the pump - the national average price for a gallon of...

Hurricanes Harvey and Irma body slammed two of the biggest export-import hubs in the world, and the impact on prices and shipping costs will be felt for months in places far removed from the scenes of destruction. The impact on ports — Houston alone is the world’s sixth-largest —...

Newell Brands Inc (NYSE: NWL) revised its earnings outlook last week due to cost inflation and higher investment spending. The announcement prompted Jefferies' Kevin Grundy to downgrade Newell Brands' stock rating from Buy to Hold with a price target lowered from $63 to $49 and also removed from "...

In the wake of Hurricane Harvey and in anticipation of Hurricane Irma, some investors have been paying renewed attention to timber and forestry exchange-traded funds. The dominant names in that group are the Guggenheim MSCI Global Timber ETF (NYSE: CUT) and the iShares Global Timber & Forestry...

Natural disasters leave people homeless, penniless, without photos or mementos that enshrined a special time. Such calamities physically tear families apart and leave them traumatized, with wounds both physical and psychological that often never heal. They’re the lucky ones. Hurricane Harvey...

President Donald Trump agreed to a request from congressional Democrats to raise the debt ceiling and extend government funding through Dec. 15, while also tying it into relief funding for the victims of Hurricane Harvey. The plan, announced by Senate Democratic leader Chuck Schumer and House...

Insurance and reinsurance stocks with large exposure to the South Florida property market are experiencing a bit of a relief rally on Wednesday after logging their worst day of the year to start the holiday-shortened week. As Hurricane Irma inches closer to a potential U.S. landfall, the fate of...

Hurricane Harvey's devastation of Texas is just the start of hurricane season as Hurricane Irma was labeled a Category 5 storm with winds of 180 miles per hour. Cruise stocks have come into focus as Irma's path puts it on a collision course with the key hub for the travel and leisure sector...