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Business News

Exclusive: Buyout firm CD&R pursues bid with PPG for Buffett-backed Axalta – sources

Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc, the U.S. coatings company whose largest shareholder is Warren Buffett’s Berkshire Hathaway Inc, people familiar with the matter said on Monday.

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Trading Ideas

Top 10 5G Patent Holders Around the Globe

Besides cannabis, the sector I’m most asked about is 5G.
So for this week’s Making the Grade, I decided to look at the top 10 companies at the leading edge of 5G development.
But first, to know where you’re going you have to know where you’ve been…
So let’s take a short look at the history of mobile phones to get a glimpse of why the next mobile generation is such a big deal.
From “The Brick” to Bluetooth
In the late 1960s and early 1970s, no one had a cellphone.
In the 1980s, they were the toys of the affluent – status symbols that retailed …read more […]

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Trading Ideas

The Surprisingly Simple Recipe for Successful Investing

Even though money managers claim to have market-beating investment strategies, data shows that the odds of beating the S&P 500 are very low.
Today, Nicholas Vardy shares the simple recipe that can actually lead to market outperformance.

After I left the world of corporate law in the 1990s, I dedicated myself to the task of learning all I could about investing.
Part of that process was mastering the ins and outs of what business school professors called “modern finance.”
Another part was apprenticing myself to one of the leading portfolio managers in the U.K. This fellow had an outstanding reputation among portfolio managers in …read more […]