Gilead Beats Earnings Expectations After Rocky Quarter
The biotech reported a loss for the quarter of $1.32 per share, better than the FactSet consensus estimate of a loss of $1.49 per share.
The biotech reported a loss for the quarter of $1.32 per share, better than the FactSet consensus estimate of a loss of $1.49 per share.
The SEC charges the company’s auditing firm BF Borgers CPA and its owner Benjamin Borgers with ‘massive fraud.’
OMAHA, Neb. (AP) — 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 company reported reported a $12.7 billion profit, or $8.825 per Class A share, in the quarter. That’s roughly one-third of last year's $35.5 billion, or $24,377 per A share. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encou
Berkshire Hathaway has sold its entire stake in Paramount Global losing “quite a bit of money,” Berkshire CEO Warren Buffett said at the company’s annual meeting on Saturday. Buffett also shot down speculation that Ted Weschler or Todd Combs, who together run about 10% of Berkshire Hathaway’s equity portfolio, had purchased the Paramount stake, taking responsibility for the investment himself. “It was 100% my decision and we’ve sold it all and we lost quite a bit of money,” said Buffett.
Cash flow. If you're a fan of "Shark Tank" or follow Kevin O'Leary, you've likely heard him talk about the importance of cash flow. In a recent video he posted to LinkedIn, O'Leary spoke again about...
TORONTO — TD Bank Group could be hit with more severe penalties than previously expected, says a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits. National Bank analyst Gabriel Dechaine said in a note that the worst-case scenario of the multiple U.S. investigations TD faces needs reassessing after the Wall Street Journal reported the link on Thursday. The newspaper said the U.S. Justice Department investigation is focused
Fraud alleged to have impacted upwards of 500 public companies, according to Securities and Exchange Commission
James Baldwin famously said, "Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor." In January 2014, long after the Great Recession but before the pandemic,...
(Bloomberg) -- The Securities and Exchange Commission accused the auditor of Donald Trump’s social-media company of massive fraud affecting hundreds of companies and more than 1,500 regulatory filings.Most Read from BloombergFrance’s Macron Calls for Reset of Economic Ties With ChinaEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventBerkshire Cash Hoard Scores Another Record as Earnings GainThe World’s Hunger for Salmon Is Linked to an Ecological DisasterA Post-Buffett Berkshire Is Om
Mark Cuban is well-known for his outspoken views and advice on topics that range from politics to investing. The self-made billionaire doesn't hold back when it comes to sharing his two cents on how...
With a market capitalization of nearly $300 billion, per CNN, Chevron (CVX) is one of the major players when it comes to energy companies. Along with its even larger main rival, ExxonMobil (XOM),...
In this article, we’ll look into Morgan Stanley’s top 15 stock picks for 2024. If you prefer to skip the introduction about the investment bank and its recent business developments, you can just dive straight into Morgan Stanley’s Top 5 Stock Picks for 2024. With the upcoming U.S. election season looming, the Federal Reserve has attempted […]
The telecommunication services sector is currently going through an upheaval. It is a good time to buy these stocks. The post Best Stocks to Buy in May 2024: TSX Telecommunication Services Sector appeared first on The Motley Fool Canada.
Key data points indicate the central bank is keeping policy 'far too tight'
"It actually doesn't achieve the type of performance we've been achieving for the last five years."
These two dividend stocks saw major growth after earnings that promised more was coming in the future. And now could be the time to buy. The post 2 Top Dividend-Growth Stocks to Buy in May appeared first on The Motley Fool Canada.
These Canadian dividend stocks have the potential to sustain and increase their payouts for years under all market conditions. The post Bulletproof Income: How to Earn Safe Dividends With Just $10,000 appeared first on The Motley Fool Canada.
Fortis (TSX:FTS) stock is still down 10% in the last year but up 7% on strong earnings that demonstrate more growth to come. The post Attention, Cautious Investors: This Top Dividend King Just Climbed 7% and Can Keep Going appeared first on The Motley Fool Canada.
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.
After riding a red-hot economy to shrink deficits and grow surpluses, provincial governments across the country are beginning to see their finances flounder.Each province has released their budget for the upcoming year and collectively are facing higher spending and record-size debt.Alberta and New Brunswick are the only provinces to publish balanced budget projections compared to eight of the 10 provinces reporting a surplus two years ago, when a strong national economy and high commodity price
Buying these value TSX dividend stocks today can help you lock in high dividend yields and strong returns over the long term. The post Soaring Dividends: 2 TSX Stocks Delivering Value at All-Time Highs appeared first on The Motley Fool Canada.