Freddie Mac Issues Monthly Volume Summary for March 2024

Barrons.com
DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’
The SEC charges the company’s auditing firm BF Borgers CPA and its owner Benjamin Borgers with ‘massive fraud.’
The Independent
Accounting firm used by Trump Media hit with ‘massive fraud’ charge
Fraud alleged to have impacted upwards of 500 public companies, according to Securities and Exchange Commission
GOBankingRates
I Manage Money For Millionaires: 3 Things Wealthy Americans Never Spend Their Money On — and Two Things They Shouldn’t
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,...
The Canadian Press
Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple
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 Canadian Press
TD worst-case scenario more likely after drug money laundering allegations: analyst
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
Financial Post
Killer TD variable rate mortgage could be sign of better deals to come
Robert McLister: Offer is 101 basis points lower than Canada's benchmark prime rate of 7.2%, but bank appears to be playing coy with this sizzling discount
Barrons.com
‘We Lost Quite a Bit of Money.’ Berkshire Sold Entire Paramount Stake, Buffett Says.
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.
Reuters
US stands to lose Canadian natural gas when LNG Canada terminal starts up
The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said. Shell-led LNG Canada has begun testing its C$40-billion British Columbia terminal ahead of commercial operations starting in mid-2025. The terminal will process up to 2 billion cubic feet per day (bcfd), representing 11% of current Canadian gas output.
Bloomberg
Trump Media’s Accounting Firm Accused of Fraud, Fined $14 Million
(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 EventFrance’s Macron Calls for Reset of Economic Ties With ChinaBerkshire Cash Hoard Scores Another Record as Earnings GainThe World’s Hunger for Salmon Is Linked to an Ecological DisasterBuffett and Berkshire’s Entert
Moneywise
Bill Ackman has a solution for America's retirement crisis — give $7K to 'every baby that's born in America'
Start them early!
Financial Post
David Rosenberg: Why the Bank of Canada needs to start cutting rates … Now
Key data points indicate the central bank is keeping policy 'far too tight'
GOBankingRates
Mark Cuban’s 5 Best Passive Income Ideas
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...
GOBankingRates
Here’s How Much a $1,000 Investment in Chevron Stock 10 Years Ago Would Be Worth Now
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),...
Reuters
Canadian dollar forecasts trimmed by analysts as BoC moves closer to rate cuts: Reuters poll
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.
Insider Monkey
Morgan Stanley’s Top 15 Stock Picks for 2024
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 […]
Simply Wall St.
Cenovus Energy Inc. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next
Cenovus Energy Inc. ( TSE:CVE ) investors will be delighted, with the company turning in some strong numbers with its...
The Motley Fool
3 TSX Stocks to Buy as Oil Prices Rise
Given their solid underlying businesses and healthy growth prospects, these three TSX stocks are ideal buys in this volatile environment. The post 3 TSX Stocks to Buy as Oil Prices Rise appeared first on The Motley Fool Canada.
Yahoo Finance Canada
Weak loonie? These TSX stocks could gain strength, says RBC
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.
Yahoo Finance Canada
'It falls short as a response:' Bombardier CEO shrugs off private jet rivals as it eyes defence expansion
"It actually doesn't achieve the type of performance we've been achieving for the last five years."
Bloomberg
Yellen Counsels Caution on Currency Intervention After Yen Surge
(Bloomberg) -- US Treasury Secretary Janet Yellen acknowledged sharp moves in the value of the yen this week, even as she declined to say whether Japan had intervened to support the currency.Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventFrance’s Macron Calls for Reset of Economic Ties With ChinaBerkshire Cash Hoard Scores Another Record as Earnings GainThe World’s Hunger for Salmon Is Linked to an Ecological DisasterBuffett and Berkshire’s Entertainment Va

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Freddie Mac Issues Monthly Volume Summary for March 2024

Latest Stories

DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’

Accounting firm used by Trump Media hit with ‘massive fraud’ charge

I Manage Money For Millionaires: 3 Things Wealthy Americans Never Spend Their Money On — and Two Things They Shouldn’t

Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple

TD worst-case scenario more likely after drug money laundering allegations: analyst

Killer TD variable rate mortgage could be sign of better deals to come

‘We Lost Quite a Bit of Money.’ Berkshire Sold Entire Paramount Stake, Buffett Says.

US stands to lose Canadian natural gas when LNG Canada terminal starts up

Trump Media’s Accounting Firm Accused of Fraud, Fined $14 Million

Bill Ackman has a solution for America's retirement crisis — give $7K to 'every baby that's born in America'

David Rosenberg: Why the Bank of Canada needs to start cutting rates … Now

Mark Cuban’s 5 Best Passive Income Ideas

Here’s How Much a $1,000 Investment in Chevron Stock 10 Years Ago Would Be Worth Now

Canadian dollar forecasts trimmed by analysts as BoC moves closer to rate cuts: Reuters poll

Morgan Stanley’s Top 15 Stock Picks for 2024

Cenovus Energy Inc. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next

3 TSX Stocks to Buy as Oil Prices Rise

Weak loonie? These TSX stocks could gain strength, says RBC

'It falls short as a response:' Bombardier CEO shrugs off private jet rivals as it eyes defence expansion

Yellen Counsels Caution on Currency Intervention After Yen Surge