GE Aerospace stock flies high on Q1 beat, 2024 outlook

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 announces new $661 million buyback and special dividend, profit slumps
(Reuters) -Australian bank Westpac declared a special dividend on Monday and raised its share repurchase program by A$1 billion ($661 million) citing a strong balance sheet even as its first-half profit fell by 16% on intense 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 ago, while net interest income remained largely flat at A$9.13 billion.
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...
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.
GOBankingRates
Jeff Bezos’ Siblings Turned $10K Into $1B: 3 Secrets to Successful Wealth Creation
Sometimes having a sibling with a brilliant business mind can pay off very well. Sometimes those gains come with significant risk. Check Out: 10 Valuable Stocks That Could Be the Next Apple or Amazon...
NCA NewsWire
Westpac HY profit falls to $3.34bn
Another big bank has recorded a profit fall with the CEO warning of a ‘slowing economy’.
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.
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.
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.
Bloomberg
Asian Stocks Eye Positive Start as China Returns: Markets Wrap
(Bloomberg) -- Asian equity markets are eyeing a strong open as China returns from a three-day holiday and Friday’s softer-than-expected US jobs report revive bets the Federal Reserve will cut rates this year. 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 StakeEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad Event‘Civil War’ Is a Gif
Yahoo Finance AU
$3 billion in HECS-HELP debt to be wiped for millions of Aussies - here's how much you'll save
The government has announced massive changes to the way student loan debt is indexed.
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...
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...
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...
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
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...
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
8 Ways Middle-Class People Become Poor in Retirement
After working for most of your adult life, the last thing you want to do is stress about your finances and paying hefty bills in your golden years. You want to enjoy your retirement after committing...

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GE Aerospace stock flies high on Q1 beat, 2024 outlook

Latest stories

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 announces new $661 million buyback and special dividend, profit slumps

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

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

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

Westpac HY profit falls to $3.34bn

Berkshire shareholders reject climate, diversity, China proposals

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

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

Asian Stocks Eye Positive Start as China Returns: Markets Wrap

$3 billion in HECS-HELP debt to be wiped for millions of Aussies - here's how much you'll save

8 Purchases Boomers Should Never Make During Retirement

Is Nexus AG (ETR:NXU) Potentially Undervalued?

Here Are 5 Things You Should Only Pay For in Cash

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

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%

Foxconn reiterates Q2 revenue to grow, posts record April sales

8 Ways Middle-Class People Become Poor in Retirement