|Bid||198.30 x 800|
|Ask||198.36 x 900|
|Day's Range||197.02 - 198.63|
|52 Week Range||163.94 - 217.62|
|PE Ratio (TTM)||10.89|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||231.75|
The United States and China held their second round of trade talks last week. In an interview with Fox News Sunday as quoted by CNBC, Treasury secretary Steven Mnuchin said, “We are putting the trade war on hold. During the company’s annual shareholder meeting, Buffett noted, “I don’t think either country will dig themselves into something that precipitates and continues any kind of real trade war.” Buffett admitted to missing out on stocks such as Google (GOOG) and Amazon (AMZN) during the meeting.
In the week ended May 12, or Week 19, BNSF Railway (BRK.B), owned by Berkshire Hathaway, reported carload traffic growth that was the second-highest among all Class I railroads. The top growth came from Canadian Pacific Railway (CP), which reported a 10% rise in railcar traffic YoY (year-over-year). BNSF Railway’s overall rail volumes grew 6.4% that week.
Genesis Mining, which is the largest blockchain mining company based out of Iceland, put up billboards outside Warren Buffett’s office last week. The billboards said, “Warren: you said you were wrong about Google and Amazon. The billboards were put up soon after Buffett discussed bitcoin during his annual Berkshire Hathaway (BRK.A) meeting.
The numbers are in and Walmart Inc. The mega-retailer topped the Fortune 500 list for the 14th time in the ranking's history last year. The Fortune 500, now in its 64th year, is an annual list of the largest corporations in the U.S. ranked by revenue for fiscal 2017.
After shunning the stock for years, Berkshire Hathaway (BRK.A) recently disclosed that it increased its stake in Apple (AAPL) to a whopping 240.3 million shares, worth more than $40.0 billion. The company said that it purchased 75.0 million Apple shares in the first quarter. The Warren Buffett–led company is the third-largest shareholder of Apple, behind asset managers Vanguard and Blackrock (BLK).
Instead, the hot hands of even the best investors must eventually cool because their success attracts too much money and eventually overwhelms their market-beating abilities. The key to finding a market-beating investment adviser, therefore, is to find someone after they’ve played their hot hand but before they’ve attracted too much money. Bill Miller, former manager of the Legg Mason Value Trust (LMVTX) , (now ClearBridge Value Trust) is the investment arena’s poster child of an adviser whose incredibly hot hand suddenly became as cold as ice.
Todd Combs, an investment officer at Berkshire Hathaway (BRKB) and a director of JPMorgan Chase (JPM), bought $1.5 million of the bank's shares on May 14 for his personal account. He bought 13,300 JPMorgan ...
The buyer is reportedly one of the principals involved in the Westin Hotel and parking deck project.
The nation’s largest pension system has long been a deep-pocketed partner for private-equity and venture-capital firms. The California Public Employees’ Retirement System announced plans Thursday to create an investment program that presumably would steer billions directly into late-stage venture deals and private investments. Calpers joins an expanding community of large institutional investors seeking to deploy more capital directly in deals, partly to mitigate the comparatively high costs associated with private-equity funds.
America's favorite investor doubled down on a bet that this trainwreck isn't as bad as it looks. Should you follow?
With all due respect to the Berkshire Hathaway (BRK-A) boss, even for those in-the-know, diversification doesn’t have to put a cap on potential returns. In fact, according to Mark Rzepczynski, of advisory firm AMPHI Research, if properly constructed, there’s actually more upside to a globally diverse, multistrategy, multiasset class portfolio.
U.S. stock futures are trading lower this morning. Losses are heavier in the tech-laden Nasdaq after Cisco Systems, Inc. (NASDAQ:CSCO) beat earnings but noted tightening margins. Walmart Inc (NYSE:WMT) is a highlight, however, after posting better-than-expected results driven by strong online sales.
Chief executive pay in the U.S. is among the highest in the world, according to a new report by the staff of Keith Ellison, a Democratic congressman for Minnesota. U.S. publicly-listed companies have begun releasing how much their CEOs make compared to the rest of their staff as required under a 2015 rule in the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.