Hugh Johnson


Hugh Johnson News

  • JPMorgan U.S. Chief Equity Strategist Lee to Depart

    Thomas Lee, the JPMorgan Chase & Co. chief equity strategist who has called for gains in American stocks for six straight years and got them in four, is leaving the firm.

  • JPMorgan U.S. Chief Equity Strategist Thomas Lee to Depart

    Thomas Lee, the JPMorgan Chase & Co. chief equity strategist who has called for gains in American stocks for six straight years and got them in four, is leaving the firm.

  • Wine World Atlas Revised to Include Finger Lakes, China

    A rich cabernet blend at a recent reception tasted like a cru classe Bordeaux, but it was a terrific red 2010 from RdV Vineyards Lost Mountain in Virginia.

  • Petrus Tops Johnson Sale as Mouton Featured at Christie’s

    Three bottles of Chateau Petrus 2000 Pomerol fetched top price of 6,600 pounds ($10,100) at a sale of U.K. wine writer Hugh Johnson’s private collection at Sworders auction house north of London, according to its website.

  • Loeb Poised for IPO as Einhorn Dump-Truck Bet Shows Insurer Risk

    Investors in Third Point Reinsurance Ltd.’s initial public offering are betting on billionaire hedge fund manager Daniel Loeb. They’re also taking on risk from an unprofitable underwriting operation.

  • Wall Street CEO Pay Rises 20% With KKR’s Kravis No. 1

    In October 2010, private-equity baron Henry Roberts Kravis, in one of the grandest gestures of his life, pledged $100 million to his alma mater, Columbia Business School, to help pay for the expansion of its upper Manhattan campus. His ability to throw that kind of cash around was helped by the start of trading of his buyout company, KKR & Co., on the New York Stock Exchange three months earlier.

  • Vineyards Spread as Climate Warms, Wine Author Robinson Says

    Vineyards are spreading in regions including China and northern Europe as rising global temperatures permit grapes to ripen in more marginal areas and demand spreads to new markets, wine author Jancis Robinson said.

  • Global Stocks Extend 8-Day Gain; Gold, Spanish Bonds Rise

    Stocks rose, with the MSCI World Index extending its longest advance in 11 months, as a late-day rally in technology shares helped the U.S. market reverse an early drop. The euro gained as a Spanish bond sale eased concern the region’s debt crisis will worsen. Gold rallied.

  • Dunkin’ Brands Seeks $460.6 Million in Initial Offering

    Dunkin’ Brands Group Inc., operator of the Dunkin’ Donuts coffee chain, is seeking to raise as much as $460.6 million in its initial public offering, 15 percent more than the company planned in May.

  • Stocks Rise as Jobs Report Boosts Optimism About Economy

    U.S. stocks rose, with the Standard & Poor’s 500 Index gaining a fourth day and the Dow Jones Industrial Average erasing its loss for the year, as better- than-estimated growth in private payrolls eased concern the economy is sliding back into a recession.

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