Scott Black News
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U.S. stocks rose, after the Dow Jones Industrial Average climbed above 15,000 for the first time yesterday, as earnings forecasts from Whole Foods Market Inc. and Electronic Arts Inc. beat analyst estimates.
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The Standard & Poor’s 500 Index will extend its record rally as the U.S. central bank continues using economic stimulus as a way to reduce unemployment, according to Scott Black, president of Boston-based Delphi Management Inc.
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Investors should focus on expanding companies that generate cash, with so-called value indexes outpacing growth stocks so far this year, according to Delphi Management Inc.’s Scott Black .
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As Maria das Gracas Silva Foster took over as chief executive officer at Petroleo Brasileiro SA, she couldn’t help giving a shout-out to two forces that have shaped her life.
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Loews Corp. Chief Executive Officer James Tisch is the dealmaker who won’t make a deal.
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Dennis Stattman , who manages $65 billion in global equities and bonds for BlackRock Inc., is betting the biggest stocks will outperform smaller rivals and Treasuries as consumers pare spending.
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Asian buyers won four of the top ten lots last night in New York, as Sotheby’s Impressionist and modern art tally tripled to $195.7 million from a year ago.
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The Bank of Japan’s December Tankan report today will show sentiment among large manufacturers dropped for the first time in seven quarters, according to economists surveyed by Bloomberg News.
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BlackRock Inc.’s Daniel Rice , who beat 99.9 percent of U.S. stock-fund managers over the past decade, said an expanding global economy will probably push oil prices above $100 this year.
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