U.S. consumers didn’t really care about last week’s chaotic stock market sell-off

American consumers are apparently not worried about stock market volatility. According to the University of Michigan’s report on consumer sentiment for the first half of February, worries over the stock market sell-off that rocked markets last week were scarce. “Consumer sentiment rose in early February to its second highest level since 2004 despite lower and […]

Teva Shares Pop After-Hours on News of Berkshire Investment

Teva Pharmaceutical Industries Ltd.’s (TEVA) American depository receipts shot up in after-hours trading on Wednesday, Feb. 14, after Warren Buffett’s Berkshire Hathaway Inc. (BRK.A) disclosed an investment in the drugmaker. Teva’s ADRs were trading at $20.90, up 8%, in after-hours trading. Shares of the struggling drug maker declined 45% in 2017. Berkshire’s 13F filing released […]