U.S. defense stocks were largely set for a positive open on Friday following news that Israel aimed attacks at sites in central Iran where there is a drone factory, according to a report from The Wall Street Journal.
A big cash pile protects the above-average core operations of this stellar company.
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
NEW YORK (Reuters) -Warren Buffett said on Saturday that Berkshire Hathaway sold its entire holding in media and entertainment company Paramount Global at a loss and he took sole responsibility for the decision. "It was 100% my decision, and we've sold it all, and we lost quite a bit of money," Buffett said at Berkshire's annual shareholder meeting in Omaha, Nebraska. Berkshire held 63.3 million Paramount Class B shares at the end of 2023 or about 10.1% of the company.
This stock is clearly a favorite of both famous billionaires.
Four industry-leading businesses with deceptively fast earnings growth rates are ripe for the picking by opportunistic investors.
This industry-leading company is out of favor and worth buying now.
MPLX is a well-oiled cash-producing machine.
Stocks are in a "late secular bull market" that's likely to end in tears, Bank of America's Michael Hartnett warned in a research note.
There's a silver lining to closing down its other restaurant concept.
Dividend Kings are an elite group of companies that have consistently increased their dividends for at least 50 consecutive years. These companies have demonstrated a remarkable ability to generate steady cash flows and reward shareholders with ...