Deutsche Bank analyst Nicole DeBlase upgraded Deere to Buy from Hold following the company’s Q4 earnings report. She upped her price target for the shares to $167 from $149. Deere closed yesterday’s trading session up 4%, or $6.02, to $145.25. Positive earnings revisions should drive share outperformance from here, DeBlase told investors last night in […]

Billionaire investor and Edelman protégé Barry Rosenstein currently manages the $4.82 billion fund, Jana Partners LLC. According to the most recent 13-F filings, the fund’s third quarter moves were rife with big changes, from additions and reductions to scratching the board on holdings. Rosenstein pulled the trigger on Hewlett Packard Enterprise Co (NYSE: HPE) and offloaded positions in […]

Nicolas de Staël Mer du nord 1954 Punxsutawney Phil Hammond, the UK chancellor, presented his Budget yesterday and declared five more years of austerity for Britain. As was to be expected. One doesn’t even have to go into the details of the Budget to understand that it is a dead end street for both the country and […]

Dr. Bill Conerly Average and marginal cost curves. Marginal analysis was the heart of early Austrian economics and was quickly adopted into mainstream economics, where it is central to modern microeconomic analysis. Amazingly, many people in business forget all about it on the job. Marginal analysis explained an old conundrum: why are necessities like water […]

In 1992, the CBOE hired Robert Whaley to develop a tradeable volatility product on equity index option prices. A year later, in 1993, the VIX was born when the CBOE started publishing real-time quotes on the implied volatility of the calculated S&P 500 index options. In those early days, I very much doubt Robert ever […]