BHP and Anglo American May Merge. Why It Could Impact Rivals Freeport-McMoRan, Albemarle.
The deal highlights the strengthening demand for metals such as copper in artificial intelligence and electric vehicles.
The deal highlights the strengthening demand for metals such as copper in artificial intelligence and electric vehicles.
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
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
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.
(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 BloombergEverything 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 DisasterFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett and Berkshire’s Entert
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),...
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...
The Canadian dollar is set to strengthen less than previously expected over the coming year as the Bank of Canada makes progress on taming inflation and will likely begin cutting interest rates ahead of the Federal Reserve, a Reuters poll found. According to the median forecast of nearly 40 foreign exchange analysts in the April 29-May 2 poll, the loonie will strengthen 0.7% to 1.36 per U.S. dollar, or 73.53 U.S. cents, in three months, compared to 1.34 in last month's poll. "In the near term, I think there are going to be some headwinds," said Bipan Rai, global head of FX strategy at CIBC Capital Markets.
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 […]
Cenovus Energy Inc. ( TSE:CVE ) investors will be delighted, with the company turning in some strong numbers with its...
It says Canadian stocks that tend to generate more earnings from the U.S. span the technology, media, financial, healthcare, industrial, and forest product sectors.
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.
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.
NEW YORK — Wall Street capped a choppy week of trading Friday with the best day for the stock market in over two months, as traders welcomed cooler-than-expected U.S. employment data as a sign that inflationary pressures on the economy are easing. The S&P 500 rose 1.3%, its best day since late February. The benchmark index also erased its losses for the week. The Dow Jones Industrial Average rose 1.2%. The Nasdaq composite ended 2% higher, reflecting strong gains by technology sector stocks, whi
Lundin (TSX:LUN) stock fell slightly after earnings that were lower than the previous two quarters, yet copper demand remains high. The post Lundin Stock Looks Like a Deal After Earnings appeared first on The Motley Fool Canada.
TD is down about 25% from the all-time high. Is TD stock now undervalued? The post Should You Buy TD Stock on a Pullback? appeared first on The Motley Fool Canada.
These three S&P 500 index ETFs provide you with a low-cost exposure to some of the largest companies in the world. The post Here Are the Top 3 S&P 500 Index Funds to Buy in May appeared first on The Motley Fool Canada.
Amidst a cautiously optimistic global backdrop, the Indian stock market has demonstrated resilience with modest gains, reflecting investor sentiment influenced by international economic cues and domestic monetary policies. In such a market environment, growth companies with high insider ownership can be compelling as they often signal confidence from those closest to the company's operations and future prospects.
Fortis stock is a good buy for conservative investors, especially on meaningful market corrections. The post How Much Will Fortis Pay in Dividends This Year? appeared first on The Motley Fool Canada.