Company News for Apr 24, 2024

Associated Press Finance
Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple
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.
Simply Wall St.
National Australia Bank (ASX:NAB) Is Due To Pay A Dividend Of A$0.84
National Australia Bank Limited ( ASX:NAB ) has announced that it will pay a dividend of A$0.84 per share on the 3rd of...
Moneywise
Arnold Schwarzenegger reveals how he made millions before becoming a movie star — and it wasn’t from bodybuilding
He owes it to one woman.
Yahoo Finance AU
Expert's tips to rebuilding superannuation nest egg after financial struggle
An expert reveals her top tips for boosting your superannuation savings, which could make a huge difference in your retirement if you've had to withdraw early.
Insider Monkey
CBRE Group, Inc. (NYSE:CBRE) Q1 2024 Earnings Call Transcript
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 […]
Simply Wall St.
With 38% ownership, Austin Engineering Limited (ASX:ANG) has piqued the interest of institutional investors
Key Insights Given the large stake in the stock by institutions, Austin Engineering's stock price might be vulnerable...
Fortune
Warren Buffett warns on AI, teases succession, and hints at possible investment during Berkshire Hathaway’s annual meeting
“I trust my children and my wife totally, but that doesn’t mean I ask them what stocks to buy,” Buffett said.
Simply Wall St.
Is Nexus AG (ETR:NXU) Potentially Undervalued?
Nexus AG ( ETR:NXU ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Moneywise
America's wealthy seniors use these 2 tactics to shelter their fortunes from Uncle Sam — how you can too
More on not being a "moron."
Reuters
Foxconn reiterates Q2 revenue to grow, posts record April sales
Taiwan's Foxconn, the world's largest contract electronics maker and the biggest assembler of Apple's iPhone, reiterated on Sunday it expected a rise in second-quarter revenue, and reported record sales for the month of April.Foxconn said in a statement that this year's second quarter "remains a traditional off-peak season, and major products are entering a period of transition between old and new products". The company, formally called Hon Hai Precision Industry Co Ltd, said April revenue reached T$510.9 billion ($15.83 billion), which it said was the highest figure on record for the same period and represented an on-year rise of 19%. Revenue in its smart consumer electronics products, including smartphones, in April showed "significant growth" year-on-year, it said.
GOBankingRates
25 Simple Things To Do To Keep Your Car Costs Low
Cars are expensive, but once you drive them off the lot, the expenses keep coming. Find out what you can do to keep your car maintenance and other costs down.
Reuters
QUOTES-Buffett talks succession and Berkshire's future at annual meeting
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.
Simply Wall St.
Merafe Resources Limited (JSE:MRF) stock most popular amongst retail investors who own 34%, while public companies hold 29%
Key Insights Significant control over Merafe Resources by retail investors implies that the general public has more...
Simply Wall St.
Owning 68% in Kimly Limited (Catalist:1D0) means that insiders are heavily invested in the company's future
Key Insights Kimly's significant insider ownership suggests inherent interests in company's expansion A total of 3...
Reuters
WRAPUP 10-Buffett says Berkshire in good hands, lauds Apple despite lowering stake
Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the executives expected to succeed him were ready for the job, and he heaped praise on Apple although Berkshire trimmed its position in the iPhone maker. Speaking at Berkshire’s annual meeting, the legendary investor paid tribute to his late business partner Charlie Munger and said he expected the conglomerate’s cash pile, now a record $189 billion, to keep growing. The meeting was the 60th for Buffett, who since 1965 transformed Berkshire from a failing textile company into an $862 billion colossus owning the BNSF railroad, Geico car insurance, Dairy Queen and dozens of other businesses.
Simply Wall St.
The Coca-Cola Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
The Coca-Cola Company ( NYSE:KO ) just released its first-quarter report and things are looking bullish. Results were...
Bloomberg
Bitcoin’s Wild Price Swings Point to the Rising Influence of ETF Buyers
(Bloomberg) -- Bitcoin appears to be conforming more to the conventional viewpoints of traditional investors who have recently entered the digital asset world through the introduction of US exchange-traded funds. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies Most in 18 Months on Upbeat Forecast, BuybackEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventTrump Auditions VP Picks Before Wealthy Donors in Palm BeachTurkey Confirms All
GOBankingRates
9 Services That Poor People Spend On That the Rich and Middle Class Don’t
Having access to fewer resources means those with lower incomes will end up paying for services out of necessity that other classes don't need to budget for. Check Out: Warren Buffett: 6 Best Pieces...
GOBankingRates
27 Things Retirees Should Do With Their Money Right Now
Retiring isn't the end of your financial journey. Though you may have called it quits on the planning aspect for your golden years, you'll still have to understand how to save and spend money in...
GOBankingRates
Here Are 5 Things You Should Only Pay For in Cash
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...

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Company News for Apr 24, 2024

Latest stories

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

National Australia Bank (ASX:NAB) Is Due To Pay A Dividend Of A$0.84

Arnold Schwarzenegger reveals how he made millions before becoming a movie star — and it wasn’t from bodybuilding

Expert's tips to rebuilding superannuation nest egg after financial struggle

CBRE Group, Inc. (NYSE:CBRE) Q1 2024 Earnings Call Transcript

With 38% ownership, Austin Engineering Limited (ASX:ANG) has piqued the interest of institutional investors

Warren Buffett warns on AI, teases succession, and hints at possible investment during Berkshire Hathaway’s annual meeting

Is Nexus AG (ETR:NXU) Potentially Undervalued?

America's wealthy seniors use these 2 tactics to shelter their fortunes from Uncle Sam — how you can too

Foxconn reiterates Q2 revenue to grow, posts record April sales

25 Simple Things To Do To Keep Your Car Costs Low

QUOTES-Buffett talks succession and Berkshire's future at annual meeting

Merafe Resources Limited (JSE:MRF) stock most popular amongst retail investors who own 34%, while public companies hold 29%

Owning 68% in Kimly Limited (Catalist:1D0) means that insiders are heavily invested in the company's future

WRAPUP 10-Buffett says Berkshire in good hands, lauds Apple despite lowering stake

The Coca-Cola Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Bitcoin’s Wild Price Swings Point to the Rising Influence of ETF Buyers

9 Services That Poor People Spend On That the Rich and Middle Class Don’t

27 Things Retirees Should Do With Their Money Right Now

Here Are 5 Things You Should Only Pay For in Cash