BlackRock Memo Reveals Wealth-Management Shuffle Amid ESG Backlash in Texas
The asset manager is seeking to expand ties with rich investors and calm a backlash over energy investment strategy, among other areas.
The asset manager is seeking to expand ties with rich investors and calm a backlash over energy investment strategy, among other areas.
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.
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
The board of Canadian Natural Resources Limited ( TSE:CNQ ) has announced that it will pay a dividend on the 5th of...
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
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
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,...
These TSX stocks sport a high dividend growth rate and are known for consistently rewarding their shareholders with increased cash. The post 5 TSX Stocks With High Dividend Growth to Buy Now appeared first on The Motley Fool Canada.
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...
Independent researchers painted a bleak picture of Apple’s China business during the most recent quarter, but the damage was lighter than expected.
Some might be "fixer-uppers" but they're still cheaper than U.S. locations.
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 […]
Given their long-term growth prospects and discounted stock prices, these three growth stocks could deliver superior returns in the long run. The post 3 Growth Stocks Investors Can Get for Cheap (While it Lasts) 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.
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.
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.
There is plenty of scope for material worsening of financial conditions if the macro and geopolitical outlooks deteriorate, Capital Economics said.
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
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,947.41, up 124.19 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down $4.64, or 5.84 per cent, to $74.80 on 14.8 million shares. Tourmaline Oil Corp. (TSX:TOU). Energy. Down 51 cents, or 0.78 per cent, to $64.78 on 13.3 million shares. Canadian Imperial Bank of Commerce. (TSX:CM). Finance. Up 81 cents, or 1.25 per cent, to $65.51 on 11.9 million shares. Baytex Energy Corp. (TSX
Historically, investing in the stock market has yielded reliable returns. Particularly, investing in the S&P 500 has proven to be a reliable and rather safe investment that can yield significant...