Finance

Ezra Shaw | Getty Images Cam Newton #1 of the Carolina Panthers points to the crowd in the fourth quarter of their game against the San Francisco 49ers at Levi’s Stadium on September 10, 2017 in Santa Clara, California. David Tepper, the billionaire hedge fund manager who runs Appaloosa Management, …

Chris Ratcliffe | Bloomberg | Getty Images Boxes of tablets, produced by Teva Pharmaceutical Industries. Warren Buffett’s Berkshire Hathaway reported larger holdings of the Israeli pharmaceutical company Teva Pharmaceutical and the St. Louis-based agricultural product giant Monsanto in the first quarter. Berkshire more than doubled its stake in Teva, to …

Interest rates are hitting multiyear highs at a time when most portfolio managers have never dealt with this phenomenon before. The U.S. 10-year Treasury note yield rose to its highest level since 2011 on Tuesday, while the short-term two-year yield traded near levels not seen in about a decade, raising …

Mary Catherine Wellons | CNBC Robert Kaplan, president and CEO of the Federal Reserve Bank of Dallas. U.S. inflation is rising toward the Federal Reserve’s 2 percent goal while not accelerating enough to suggest the economy is overheating, Dallas Federal Reserve President Robert Kaplan said on Tuesday. Inflation is approaching …

Grant Halverson | Getty Images Cam Newton #1 celebrates after a touchdown against the Miami Dolphins during their game at Bank of America Stadium on November 13, 2017 in Charlotte, North Carolina. Billionaire hedge fund manager David Tepper is close to finalizing a deal for the NFL’s Carolina Panthers, according …

China may remove tariffs on U.S. agricultural products, including soybeans, according to reports from Reuters and Dow Jones. The two outlets said Monday U.S. and Chinese officials are working on a deal that would reprieve China’s ZTE from sanctions which prohibit U.S. companies from selling components to the company. In …

Chipotle Mexican Grill’s recovery efforts, including the appointment of a new chief executive and a new delivery partnership, represent steps in the right direction, according to Piper Jaffray. The firm reiterated its overweight rating on the restaurant company’s shares, predicting Chipotle’s stock price could top $530 in 12 months, the …

Verizon Communications shares should rise this year as a healthy dividend yield lures investors ahead of clarity on its path for 5G wireless, according to J.P. Morgan. The firm raised its rating on the company’s shares to overweight from neutral, foreseeing a better competitive climate over the next 12 months. …

Lucas Jackson | Reuters Dropbox Inc. co-founder Drew Houston waits as Dropbox (DBX) is listed for the company’s initial public offering (IPO) at the Nasdaq Market Site in New York, U.S., March 23, 2018. Check out the companies making headlines after the bell: Shares of Dropbox slumped more than 1 …

Scott Barbour | Getty Images The AMP logo is seen on the AMP building on August 20, 2015 in Melbourne, Australia. Top Australian wealth manager AMP said it will defend two class action lawsuits filed against it following damaging revelations from a government-ordered inquiry into the country’s financial industry. AMP …