Latest in Berkshire Hathaway's cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks
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Berkshire Hathaway's cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks
The Omaha-based conglomerate saw its cash fortress swell to a record $325.2 billion by the end of September.Business - CNBC - 6 hours ago -
Warren Buffett sitting on billions as Berkshire Hathaway sells Apple stock
Berkshire said in its earnings report Saturday that it sold off roughly another 100 million Apple shares in the third quarter after halving its massive investment in the iPhone maker last quarter.Top stories - CBS News - 5 hours ago -
Warren Buffett's Berkshire Hathaway hikes its SiriusXM stake to 32% after Liberty deal
Berkshire hiked its bet after Liberty Media completed its deal in early September to combine its tracking stocks with the rest of the entertainment company.Business - CNBC - October 14 -
Beleaguered Boeing Sells More Shares to Raise Cash
As a six-week strike drags on, the financially strained planemaker offers more shares to investors as it struggles with its turnaround.Business - Inc. - 5 days ago -
Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain
The jet maker moves to raise much needed cash and secures a new credit line amid paralyzing machinist strike.Business - The Wall Street Journal - October 15 -
Berkshire Continues Retreat From Stocks
The conglomerate reported on Saturday that it had cut its holdings in Apple and Bank of America and increased its cash to a record high in the third quarter.Business - The New York Times - 5 hours ago -
Boeing Will Sell $19 Billion in Stock Amid Costly Strike
The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.Business - The New York Times - 4 days ago -
Warren Buffett slashes Apple stake as he boosts cash to record high
Berkshire’s stock-selling spree extends for eighth quarter, with $166bn dumped over the periodBusiness - Financial Times - 3 hours ago -
Why raising more cash is a smart portfolio move — even with stocks at record highs
The key to long-term success in the stock market is to avoid taking on more and more risk.Business - MarketWatch - October 19 -
Billions of levelling-up cash in limbo
Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.Top stories - BBC News - 6 days ago -
HSBC shares surge on another $3 billion buyback plan and earnings beat
HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.Business - MarketWatch - 4 days ago -
Snap shares jump 10% on profit beat, stock buyback
Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.Business - CNBC - 3 days ago -
Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period
The Oracle of Omaha downsized Apple — his biggest equity holding — for a fourth quarter in a row.Business - CNBC - 6 hours ago -
Countries that have cashed in on their top-level domain names
Anguilla is raking in extra unexpected revenue from registration fees for itsTech - ABC News - October 15 -
United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback
United Airlines said it authorized a $1.5 billion share buyback, its first share repurchase since before the Covid-19 pandemic.Business - CNBC - October 16 -
Ulta Beauty unveils $3 billion share buyback program and plans to open 200 new stores in next three years
Ulta Beauty Inc. announced a new $3 billion share buyback authorization on Wednesday and said it plans to open 200 new stores over the next three years.Business - MarketWatch - October 16 -
HSBC announces fresh $3 billion share buyback as third-quarter earnings beat expectations
Pre-tax profit came in at $8.5 billion, a 10% rise from the $7.7 billion posted a year ago.Business - CNBC - 4 days ago -
Oil giant Shell posts $6 billion profit beat, launches new share buyback program
British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.Business - CNBC - 2 days ago -
How to make money on stocks that look ripe for 2024 tax-loss selling
These 20 stocks are being unfairly punished. They’ll likely bounce back in January.Business - MarketWatch - October 19 -
We upgraded Stanley Black & Decker stock despite the post-earnings selling
While the numbers were disappointing, the company's turnaround continues to plan.Business - CNBC - 4 days ago -
‘DJT’ stock has seen ‘aggressive’ selling by retail investors leading into election
During Donald Trump’s 2024 campaign for president, investors have used shares of Trump Media & Technology Group Corp. as a way to bet on the outcome of the election. But with just a few days to go ...Business - MarketWatch - 2 days ago -
Tech stock sell-off wipes out Wall Street’s October gains
Disappointing earnings from Microsoft help put US equities on track for biggest one-day drop since early SeptemberWorld - Financial Times - 2 days ago -
Top BBVA shareholder sells out over Sabadell hostile bid
GQG Partners, which also holds stakes in Commerzbank and CaixaBank, sold shares during the summerBusiness - Financial Times - October 20 -
Top 20 Best-Selling Games For September 2024 In The US
Market-research firm Circana has released its list of the top 20 best-selling games for September 2024, and it's not shocking to see sports sim powerhouse EA Sports FC 25 , from the game series ...Tech - GameSpot - October 24 -
How Daring to Be Different Made Nerds Gummy Clusters a Top-Selling Candy
Launched in 2020, the crunchy, chewy candy has posted $500 million in sales so far this year, as consumers make Nerds cool—and profitable.Business - Inc. - 5 days ago -
Rare Copy of U.S. Constitution Sells for More Than $11 Million
The document, which was sold to an anonymous bidder at an auction in North Carolina, was among the first copies of the Constitution ever printed, experts said.Top stories - The New York Times - October 19 -
3 Key Strategies to Sell More to the People Who Matter Most
If sales were easy, I suppose anyone could do it.Business - Inc. - October 24 -
How to rethink cash as the Fed cuts interest rates, according to top financial advisors
The U.S. Federal Reserve cut interest rates in September, and more cuts are expected at least into 2025. Earnings on cash are expected to fall as well.Business - CNBC - October 23 -
Top Wall Street analysts are upbeat on these dividend stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Cisco and Diamondback EnergyBusiness - CNBC - 6 days ago -
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Apple sells $46 billion worth of iPhones over the summer as AI helps end slump
Apple snapped out of a recent iPhone sales slump during its summertime quarterTech - ABC News - Yesterday -
Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake
The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.Business - The New York Times - October 15 -
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."Business - CNBC - October 17 -
Lucid CEO defends $1.75 billion capital raise following stock drop
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.Business - CNBC - October 22