Yahoo Finance Philip Morris Scores an Earnings Beat. Its Smoke-free Strategy Is Working.
The cigarette maker posted first quarter adjusted earnings of $1.50 a share, beating Wall Street’s call for $1.41.
The cigarette maker posted first quarter adjusted earnings of $1.50 a share, beating Wall Street’s call for $1.41.
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.
Philip Lowe warned the fight against inflation 'isn't done' yet.
He owes it to one woman.
(Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared a special dividend on Monday citing a strong balance sheet, even as its first-half profit fell 16% on tight competition and high costs. Traditionally beneficiaries of rising interest rates, the country's so-called Big Four lenders have spent the past year sacrificing margins to write new home loans and paying more to depositors, narrowing their closely watched "net interest margin". Westpac's net interest margin slipped to 1.89%, down 7 basis points from a year earlier, while net interest income remained largely flat at A$9.13 billion.
National Australia Bank Limited ( ASX:NAB ) has announced that it will pay a dividend of A$0.84 per share on the 3rd of...
Once they retire, many seniors change their spending patterns quite a bit. There's nothing inherently wrong with this, as long as they remain within their retirement budget. See: The 4 Types of Bank...
CBRE Group, Inc. (NYSE:CBRE) Q1 2024 Earnings Call Transcript May 3, 2024 CBRE Group, Inc. beats earnings expectations. Reported EPS is $0.78, expectations were $0.693. CBRE Group, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings and welcome to […]
The CEO of one of Australia’s biggest banks has delivered a fresh rates warning to homeowners.
Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals addressing environmental and social policy issues at Warren Buffett's conglomerate, all of which the billionaire investor and his board opposed. By margins of more than 4-to-1, shareholders at Berkshire's annual meeting voted against two proposals that the company's insurance and energy operations disclose more about their efforts to address climate change including greenhouse gas emissions. They also turned down a proposal for more disclosure about efforts to promote diversity, equity and inclusion in the workplace.
“I trust my children and my wife totally, but that doesn’t mean I ask them what stocks to buy,” Buffett said.
The government has announced massive changes to the way student loan debt is indexed.
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,...
Nexus AG ( ETR:NXU ), might not be a large cap stock, but it received a lot of attention from a substantial price...
(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 BloombergTruce Talks Shift to Qatar as Hamas Hits Israel Border CrossingFrance’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 Wall‘Civil War’ Is a Gift to Trump’s Opponents
Despite recent fluctuations in its stock price, Apple has been and remains to be a beacon of stability and growth for many investors.
(Bloomberg) -- Asian equity benchmarks are little changed in early trade as traders await the reopening of China from a long holiday break. Mainland markets look poised to gain as Beijing’s supportive policy stance adds impetus to a budding bullish momentum. Most Read from BloombergTruce Talks Shift to Qatar as Hamas Hits Israel Border CrossingFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into
More on not being a "moron."
Banks issue rewards credit cards for all kinds of spending categories, from flights, hotels, rental cars and entertainment to groceries, dining, warehouse clubs and e-commerce. With all of the various...
Warren Buffett took the stage at Berkshire Hathaway's annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger, outlining the expanded roles of the executives who are designated to eventually succeed him and discussing Berkshire's opportunities. Greg Abel, 61, designated Buffett's successor as chief executive in 2021, sat on stage with Buffett.
Key Insights Significant control over Merafe Resources by retail investors implies that the general public has more...