Omnicom Schedules First Quarter 2024 Earnings Release and Conference Call

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.
BBC
Apple sales fall in nearly all countries
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.
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...
GOBankingRates
These 6 Money Experts Own Amazon Stock — Should You?
Amazon shareholders have plenty to cheer about these days thanks to a stock price that is up by more than one-fifth already in 2024. The news got even better earlier this week when Amazon breezed past...
Bloomberg
Fading War Risks Push Oil to Biggest Weekly Drop Since February
(Bloomberg) -- Oil posted its biggest weekly decline since February on signs of easing geopolitical risks in the Middle East, while traders continued to weigh the outlook for interest-rate cuts. Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventBerkshire Cash Hoard Scores Another Record as Earnings GainThe World’s Hunger for Salmon Is Linked to an Ecological DisasterFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett and Berkshire’s Entertainmen
Simply Wall St.
Provident Financial Holdings' (NASDAQ:PROV) Dividend Will Be $0.14
Provident Financial Holdings, Inc.'s ( NASDAQ:PROV ) investors are due to receive a payment of $0.14 per share on 6th...
Reuters
Buffett says Berkshire in good hands, lauds Apple despite lowering stake
OMAHA, Nebraska (Reuters) -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.
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...
Reuters
Turkey inflation up near 70%, highest since 2022
Commenting on the figures, Finance Minister Mehmet Simsek said April's month-on-month inflation, which was 3.18%, was in line with expectations. According to the Turkish Statistical Institute, the biggest annual consumer price rise was in education, for which prices rose 103.86%, followed by restaurants and hotels at 95.82%. The central bank has hiked rates by 3,650 basis points since June including a 500 basis-point rise in March due to deterioration in the inflation outlook.
Yahoo Finance
Apple keeps spending less to make more: Chart of the Week
Apple may be having issues keeping its revenue growth up, but its growing services business has turbocharged its margins, which continue to increase significantly overall.
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 EventBerkshire Cash Hoard Scores Another Record as Earnings GainThe World’s Hunger for Salmon Is Linked to an Ecological DisasterFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett and Berkshire’s Entertainment Va
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.
Reuters
UPDATE 1-Ahead of Xi visit, Chinese share of French EV market slumps
French government efforts to slow an influx of Chinese-made electric vehicles are bearing fruit, industry data show, highlighting one of the most sensitive trade issues when China's president visits next week. A surge in imports of Chinese electric cars into Europe has triggered EU tariff threats, which are expected to be a bone of contention when President Emmanuel Macron hosts his Chinese counterpart for a state visit on Monday. France did not wait for a European Union decision on implementing tariffs, instead redesigning its cash bonus scheme in December to exclude the purchase of models made in China, which had rapidly gained market share.
Bloomberg
A Post-Buffett Berkshire Is Omaha Focus After Munger’s Passing
(Bloomberg) -- Berkshire Hathaway Inc.’s annual meeting on Saturday gave shareholders a glimpse of how the conglomerate will operate without Charlie Munger, who died last year at 99. Then came the questions: How will it operate without Warren Buffett?Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventBerkshire Cash Hoard Scores Another Record as Earnings GainThe World’s Hunger for Salmon Is Linked to an Ecological DisasterFrance’s Macron Calls for Reset of Econ
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.
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...
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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...
WWD
Thom Browne Wins Two More Rounds in Court Battle With Adidas on the Use of Stripes
The U.S. Court of Appeals affirms the jury's verdict and a new trial was not granted.
CNN Business
Warren Buffett holds first Berkshire Hathaway meeting without Charlie Munger
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Omnicom Schedules First Quarter 2024 Earnings Release and Conference Call

Latest stories

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

Apple sales fall in nearly all countries

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

These 6 Money Experts Own Amazon Stock — Should You?

Fading War Risks Push Oil to Biggest Weekly Drop Since February

Provident Financial Holdings' (NASDAQ:PROV) Dividend Will Be $0.14

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

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

Turkey inflation up near 70%, highest since 2022

Apple keeps spending less to make more: Chart of the Week

Yellen Counsels Caution on Currency Intervention After Yen Surge

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

UPDATE 1-Ahead of Xi visit, Chinese share of French EV market slumps

A Post-Buffett Berkshire Is Omaha Focus After Munger’s Passing

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

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

27 Things Retirees Should Do With Their Money Right Now

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

Thom Browne Wins Two More Rounds in Court Battle With Adidas on the Use of Stripes

Warren Buffett holds first Berkshire Hathaway meeting without Charlie Munger