The United Kingdom's decision to pull out of the European Union is sending global markets sharply lower. But the pain is being felt hardest by a handful of companies most exposed to the decision.
To star Los Angeles investor Jeffrey Gundlach, bull markets and bear markets aren't about how much stocks have climbed or fallen, but about teamwork - whether players in the economy are working together.
Billionaire Kelcy Warren just won a huge hand in the biggest M&A poker game he's ever played in the U.S. oil patch. Eighteen months after Warren's Energy Transfer Equity LP began talks to acquire rival pipeline giant Williams Cos.
And that's a good sign. Brexit is landing a body blow to the Dow and the S&P today. And investors should feel pretty good about it.
The Securities and Exchange Commission on Friday accused Chris Faulkner, referred to as the “Frack Master” in his online profile, of defrauding investors in his oil-and-gas company out of $80 million.