B. Riley stock surges after filing overdue annual report

Yahoo Finance AU
Former RBA governor's bleak interest rate rise prediction
Philip Lowe warned the fight against inflation 'isn't done' yet.
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.
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.
Reuters
Westpac raises share buyback by $661 million even as costs and competition bite
(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.
GOBankingRates
8 Purchases Boomers Should Never Make During Retirement
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...
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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...
NCA NewsWire
‘Call us’: Major bank’s plea to homeowners
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
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Is BlueScope Steel Limited (ASX:BSL) Trading At A 38% Discount?
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Should You Be Adding APA (NASDAQ:APA) To Your Watchlist Today?
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RTX's (NYSE:RTX) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of RTX Corporation ( NYSE:RTX ) has announced that it will be increasing its dividend by 6.8% on the 13th of...
Reuters
Berkshire shareholders reject climate, diversity, China proposals
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.
GOBankingRates
Jeff Bezos’ Siblings Turned $10K Into $1B: 3 Secrets to Successful Wealth Creation
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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.
BBC
Everton buyers accused of 'fraud' in court filing
Everton's prospective owners 777 Partners and the firm's co-owner Josh Wander are accused of fraud in a New York court.
Bloomberg
Yellen Counsels Caution on Currency Intervention After Yen Surge
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I’m a Financial Advisor: These Are the 6 Biggest Money Mistakes People Make in Their 50s
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What Makes The Toro Company (TTC) a Lucrative Investment?
The London Company, an investment management company, released “The London Company SMID Cap Strategy” first quarter 2024 investor letter. A copy of the letter can be downloaded here. US markets posted solid returns in Q1. The portfolio gained 9.4% (9.2% net) during the quarter compared to 6.9% returns for the Russell 2500 Index. Both stock selection […]
Bloomberg
S&P 500 Breaches Key Level as Stocks Power Ahead: Markets Wrap
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Associated Press Finance
Berkshire Hathaway event gives good view of Warren Buffett's successor but also raises new questions
This year's Berkshire Hathaway meeting gave shareholders their best chance yet to hear from the man who will one day take over as CEO when Warren Buffett is gone, but Buffett said for the first time Saturday that Greg Abel should also take responsibility for the company's investments after he takes over, raising new questions about the succession plan. Abel put his encyclopedic knowledge of the utility business that he led directly for years on display and delved into railroad operations and potential acquisitions that Berkshire pursued while sharing the stage with Buffett all day. Abel pointed out that it required a major culture shift to get workers at PacifiCorp and the other utilities, who have long focused all their energy on keeping the lights on, to think about shutting the power down at times when the risk that their power lines could spark wildfires is too great.
Reuters
GLOBAL MARKETS-Asia shares rally on China's gains, Fed cut bets; yen weakens
Asian stocks rose to their highest in over a year on Monday on renewed bets that the Federal Reserve would most likely ease rates this year, while the yen weakened after a strong surge last week from Tokyo's suspected currency intervention. Trading was thin in Asia with Japan out for a holiday, though markets in mainland China got off to an upbeat start after returning from an extended break. MSCI's broadest index of Asia-Pacific shares outside Japan peaked at their highest since February 2023 and last gained 0.53%, while China's blue-chip index jumped 1.5%.

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B. Riley stock surges after filing overdue annual report

Latest stories

Former RBA governor's bleak interest rate rise prediction

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

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

Westpac raises share buyback by $661 million even as costs and competition bite

8 Purchases Boomers Should Never Make During Retirement

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

‘Call us’: Major bank’s plea to homeowners

Is BlueScope Steel Limited (ASX:BSL) Trading At A 38% Discount?

Should You Be Adding APA (NASDAQ:APA) To Your Watchlist Today?

RTX's (NYSE:RTX) Shareholders Will Receive A Bigger Dividend Than Last Year

Berkshire shareholders reject climate, diversity, China proposals

Jeff Bezos’ Siblings Turned $10K Into $1B: 3 Secrets to Successful Wealth Creation

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

Everton buyers accused of 'fraud' in court filing

Yellen Counsels Caution on Currency Intervention After Yen Surge

I’m a Financial Advisor: These Are the 6 Biggest Money Mistakes People Make in Their 50s

What Makes The Toro Company (TTC) a Lucrative Investment?

S&P 500 Breaches Key Level as Stocks Power Ahead: Markets Wrap

Berkshire Hathaway event gives good view of Warren Buffett's successor but also raises new questions

GLOBAL MARKETS-Asia shares rally on China's gains, Fed cut bets; yen weakens