Trading Ideas
Month: May 2020
Trading Ideas
John Fisk Is The Independent Director of AGNC Investment Corp. (NASDAQ:AGNC) And They Just Picked Up 155% More Shares
Investors who take an interest in AGNC Investment Corp. (NASDAQ:AGNC) should definitely note that the Independent… …read more […]
Trading Ideas
‘Very disappointed’ over loss of visitors for Berkshire Hathaway meeting that will cost Nebraska millions: Gov. Pete Ricketts
If fans of Warren Buffett are miffed about a Woodstock of Capitalism they can’t attend in person, they can rest assured that Nebraska Governor Pete Ricketts isn’t thrilled either about the blow to the state’s tourist activity. …read more […]
Business News
Buffett’s Berkshire posts record net loss on coronavirus, operating profit rises
Warren Buffett’s Berkshire Hathaway Inc posted a higher operating profit on Saturday, but the coronavirus pandemic pummeled its common stock investments and led to a record net loss.
Trading Ideas
Buffett's Berkshire posts nearly $50 billion loss on coronavirus, operating profit rises
A year earlier, net earnings totaled $21.66 billion, or $13,209 per share. Quarterly operating profit, which Buffett considers a better performance measure, rose 6% to $5.87 billion, or about $3,624 per Class A share $5.56 billion, or about $3,388 per share. An accounting rule requires Berkshire to report unrealized stock losses and gains with earnings. …read more […]
Trading Ideas
Berskshire Hathaway Shareholder Meeting 2020: What to Expect
Berkshire Hathaway’s 2020 annual shareholder meeting will be entirely virtual. …read more […]
Business News
France’s SocGen to provision between 3.5 and 5 billion euros this year: CEO
French bank Societe Generale expects to have to provision 3.5 billion euros to 5 billion euros ($3.84 bln-5.49 bln) this year because of losses due to the coronavirus crisis, its chief executive said in an interview on Saturday.
Trading Ideas
Got a question for the one reporter at Berkshire Hathaway's annual shareholders meeting? Ask Andy!
Warren Buffett will speak at Berkshire Hathaway’s annual meeting with shareholders. …read more […]
Trading Ideas
Tesla tumbles after Musk tweets stock too high
“Tesla stock price is too high,” Musk said on Twitter in one of several unusual messages, including ones quoting parts of the U.S. national anthem and that he would sell almost all his physical possessions. More than two hours after the tweets began, Tesla had not responded to requests for comment. Twitter declined to comment. …read more […]
Trading Ideas
BP p.l.c. (LON:BP.) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Shareholders might have noticed that BP p.l.c. (LON:BP.) filed its first-quarter result this time last week. The early… …read more […]
Trading Ideas
Deutsche Bank Aktiengesellschaft (ETR:DBK) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
As you might know, Deutsche Bank Aktiengesellschaft (ETR:DBK) just kicked off its latest quarterly results with some… …read more […]
Business News
Tesla to extend furlough for some employees by another week: internal email
Tesla Inc told furloughed employees on Friday that they will remain out of work for at least another week, postponing a plan to resume normal operations on May 4 at its San Francisco vehicle-assembly plant, according to an internal email.
Trading Ideas
An $85 Billion Airline Rescue May Only Prolong the Pain
(Bloomberg) — Governments have devoted more than $85 billion to propping up airlines after the coronavirus pandemic wiped out travel demand and grounded jetliner fleets. But with job cuts racking up — 20,000 were announced in Europe this past week — a debate is raging over whether opening the spigot will do more than merely delay the inevitable.Some 80% of flight capacity remains idled, while a rebound in China has stalled, leading the International Air Transport Association to suggest the recovery will be a tortuous one. Given the financial impact and safety measures likely to be required, it could be …read more […]
Trading Ideas
Berkshire Hathaway Earnings: Here's What to Expect
Berkshire Hathaway’s quarterly earnings were hurt by stock market volatility. …read more […]
Business News
NBCUniversal weighs layoffs at media, entertainment units: WSJ
Comcast Corp owned NBCUniversal is evaluating a significant reduction of staff across its portfolio of media and entertainment properties as part of a cost-cutting effort, the Wall Street Journal reported on Friday, citing people familiar with the matter.