210.35 -0.22 (-0.10%)
After hours: 7:11PM EDT
|Bid||210.50 x 1200|
|Ask||210.85 x 800|
|Day's Range||210.23 - 212.02|
|52 Week Range||184.75 - 224.07|
|Beta (3Y Monthly)||0.73|
|PE Ratio (TTM)||129.18|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||239.67|
Macro Updates: Record Highs, US-China Talks, and MoreMarkets reach record highsUS markets have been strong this year, and both the S&P 500 (SPY) and NASDAQ Composite (QQQ) hit new closing highs yesterday. The upward price action is a welcome
Berkshire’s Cash Pile Sparks Acquisition Rumors—Buffett Denies(Continued from Prior Part)Berkshire’s acquisitions Warren Buffett, Berkshire Hathaway’s (BRK-B) chair, has denied that the company is looking at buying PG&E Corporation (PGE).
The utility jumped in early morning trading after SparkSpread reported the legendary investor was eyeing the power supplier brought low by California wildfire liabilities. PG&E, which went into bankruptcy in January, has a market value of $11.4 billion. Jessi Strawn, a spokeswoman for Berkshire Hathaway’s energy unit, said by telephone that the companies were not in talks.
In this rematch between Warren Buffett's investment vehicle and one of its major portfolio holdings, which stock will emerge victorious?
Buffett, the chairman and CEO of Berkshire Hathaway, told CNBC the report was "100% not true."
In the latest trading session, Berkshire Hathaway Inc. (BRK.B) closed at $211.61, marking a +1.01% move from the previous day.
The decline of advertising gradually turned the newspaper industry “from monopoly to franchise to competitive,” the billionaire chief executive officer of Berkshire Hathaway Inc. said in an interview with Yahoo Finance. “The world has changed hugely,” Buffett said in the interview with Yahoo Finance, which will serve as the livestream host for Berkshire’s shareholder meeting. Berkshire’s BH Media, which owns papers across the country, has been cutting jobs to cope with declining advertising revenue.
Kraft Heinz Co's incoming chief executive, Miguel Patricio, is indicating a change in strategy for the packaged food company that could move it away from the aggressive cost-focused culture that has been in place since the company was created in 2015. Patricio, a 52-year-old Portuguese native who will take over the helm of the world's fifth biggest food company from July 1, said he plans to focus more on efficiency, investing in brands and growing sales organically at a company that has been reeling from a $15.4 billion writedown on some of its brands. Kraft Heinz's focus on cost-cutting and interest in scoring a big acquisition have been key to the company's strategy under management installed by Brazilian private equity firm 3G Capital.
Can Berkshire Hathaway Play Catch-Up with the S&P 500 This Year?(Continued from Prior Part)Share buybacks Berkshire Hathaway (BRK-B) chair Warren Buffett hasn’t been a big fan of share buybacks. Buffett prefers companies that invest cash in
Kraft Heinz announced on Monday that Bernardo Hees, 49, will step down on July 1 after a string of troubling developments in recent months. Berkshire proudly backed that transaction, with Buffett writing in his annual letter at the time that the executives at 3G “could not be better partners,” though he finally admitted in February to overpaying for the deal.
Can Berkshire Hathaway Play Catch-Up with the S&P 500 This Year?(Continued from Prior Part)Buffett In his 2018 annual letter, Berkshire Hathaway (BRK-B) chair Warren Buffett said that he and vice-chair Charlie Munger “hope for an
Can Berkshire Hathaway Play Catch-Up with the S&P 500 This Year?Berkshire Hathaway Berkshire Hathaway (BRK-B) has an enviable long-term track record compared to the S&P 500 (SPY). Berkshire outperformed the S&P 500 by a wide margin of
Kraft Heinz CEO Bernardo Hees is leaving the company. Kraft Heinz has been weighing sales of some of its brands, including Maxwell House and Breakstone's, to overhaul its portfolio. The departure of Kraft Heinz KHC CEO Bernardo Hees follows a string of headaches for the consumer packaged foods company over the last year.
Without a doubt, Charlie Munger and Warren Buffett are a match made in heaven. "Without lifelong learning, you're not going to do very well. You're not going to get very far in life based on what you already know," says Munger.
Berkshire-Backed StoneCo Tumbles after ITUB Ups Ante(Continued from Prior Part)BuffettApple (AAPL) was Berkshire Hathaway’s (BRK-B) biggest holding at the end of the fourth quarter. Markets were surprised when Berkshire’s 13F revealed that the
Tracking the movements of hedge fund managers can give investors a wealth of ideas. Here are three intriguing companies hedge funds have been buying up recently.