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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jan 12, 2014
Page
16
A reader asks whether to sell a doubled stock and buy another. Consider portfolio concentration and future growth potential before deciding. If the stock dominates your holdings, trim some. If growth remains solid, hold or sell partially. If uncertain, sell all.
The Fool highlights books from Warren Buffett and Charlie Munger on investing, history of markets, modern life improvements, and avoiding costly mistakes. It notes commissions at major brokerages, and offers guidance on choosing the best broker and expanding reading to improve financial decisions.
The riddle traces a financial giant with 1799 origins and 1200 plus predecessor banks, including Manufacturers Hanover and Chemical Bank. It grew to over $2 trillion in assets, operates in 60 nations, and employs 250k. Highlights include Bear Stearns and Washington Mutual acquisitions in 2008 and roots as The Bank of The Manhattan Co. credited to Aaron Burr.
PACCAR dominates the natural gas heavy duty truck market with about 40 percent U.S. share. It collaborates with Cummins on a SuperTruck program boosting fuel efficiency by over half. The maker of Kenworth Peterbilt and DAF trucks sells internationally, expanding into Brazil and eyeing India while Europe contributes nearly a quarter of revenue.
Last week’s trivia traces US Airways from its 1939 start as All-American Airways through Allegheny Airlines and later mergers to become part of the world’s largest carrier by passengers after its recent merger with American Airlines. It details its scale, fleet, and past mergers with Piedmont and America West.
The article explains e-cigarettes contain glycerine nicotine and other chemicals and may pose health risks. It notes FDA regulation debates, hospital bans in Kansas City, and corporate policies from Walmart UPS and Hallmark. HR officials discuss policy quietness and enforcement depending on city rules and productivity.
Adora Cheung and Aaron Cheung started Homejoy in Mountain View and grew it to 30 cities in the US and Canada with over 100 000 cleaners. They raised 40 million dollars led by Max Levchin after YC and Slide founder connections. Case also invested earlier through Revolution fund and Evan Morgan aided ties to Sweetgreen.
Matt Salzberg Ilia Papas and Matthew Wadiak started Blue Apron in New York on August 11 delivering about 300000 boxes monthly. The company employs 130 people and raised 8 million from backers including Jason Finger and Bob Goodman, with Finger a key early investor. Salzberg says face to face meetings help raise capital and convey passion.
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