Chip stocks fall after Taiwan suffers deadly earthquake, Hollywood’s Endeavor Group is returning to the private realm, and other news to start your day.
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.
The board of Canadian Natural Resources Limited ( TSE:CNQ ) has announced that it will pay a dividend on the 5th of...
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
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."
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...
Some might be "fixer-uppers" but they're still cheaper than U.S. locations.
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),...
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
(Bloomberg) -- Oil advanced after a weekly drop as Saudi Arabia hiked prices for grades to Asia for the third month, signaling confidence in the outlook with the OPEC+ cartel cutting supply.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick WallXi Begins Europe Tour in Paris as Macron Se
Despite recent fluctuations in its stock price, Apple has been and remains to be a beacon of stability and growth for many investors.
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 pri
International Business Machines Corporation's ( NYSE:IBM ) dividend will be increasing from last year's payment of the...
TORONTO — Five things to watch for in the Canadian business world in the coming week: Suncor earnings Suncor Energy Inc. will report its first-quarter results on Tuesday evening and hold a conference call with investors and financial analysts on Wednesday morning. The company will also hold its annual meeting on Tuesday. Shopify earnings Shopify Inc. will report its first-quarter results before markets open Wednesday and hold a conference call with analysts and investors. Shopify chief executive
It's been a mediocre week for AutoCanada Inc. ( TSE:ACQ ) shareholders, with the stock dropping 15% to CA$20.33 in the...
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.
Got $500 to invest in Canadian dividend stocks? Here are three quality stocks for growing streams of safe dividend income. The post The Smartest Dividend Stocks to Buy With $500 Right Now appeared first on The Motley Fool Canada.
CGI Inc. ( TSE:GIB.A ) last week reported its latest second-quarter results, which makes it a good time for investors...
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
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