Tag Archives: annual

Bloomberg European Companies Seen Splurging $180 Billion on Buybacks (Bloomberg) — Fear and caution in European boardrooms may be fading, as a pick-up in buybacks shows rising confidence that more cash can be returned to shareholders instead of shoring up balance sheets.Just as blue chips including LVMH, L’Oreal SA and BP Plc announce large buybacks, Societe Generale SA strategists estimate that European companies will spend 150 billion euros ($180 billion) to purchase their own shares next… Source link

Google parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) could save a whopping $1 billion annually if employees continue to work from home the rest of the year and not travel, book trips and hotels online due to the COVID-19 pandemic, according to a company filing. What Happened: Google saved $268 million in expenses from company promotions, travel and entertainment versus the same period a year earlier, primarily as a result of COVID-19, the company said Wednesday. That equates to more than… Source link

The Oracle of Omaha has become a streaming star. Warren Buffett, whose Berkshire Hathaway conglomerate’s moves are closely followed by the investment community, presides over the company’s annual meeting each spring. While every company has a shareholder event, Berkshire’s is something different. With 40,000 fervent attendees, it is equal parts financial forum, convention, rally and county fair. Held in non-pandemic times in the company’s Nebraska home base Omaha, it yields… Source link

Google is reducing its long-standing 30 percent cut, which it takes from each Play Store digital purchase for all Android developers around the world, on the first $1 million they make on the digital storefront each year, starting on July 1st. According to Google, that change means that 99 percent of Android developers that “that sell digital goods or services” will see a 50 percent reduction in fees. Google’s news follows Apple’s announcement of a reduced 15 percent fee last… Source link

Google CEO Sundar Pichai speaks during a conference in Brussels on January 20, 2020. Kenzo Tribouillard | AFP | Getty Images Google announced on Tuesday that it will cut Google Play app store fees to 15% on the first million dollars a developer makes on Google’s store per year. After developers cross the $1 million mark in sales for a year, Google will charge developers its standard 30% fee for in-app purchases and downloads. The move follows a similar decision from Apple in December, although Source link

Legendary investor and polymath Charlie Munger, Berkshire Hathaway’s vice-chairman and Warren Buffett’s long-time business partner, headlined the Annual Meeting of Shareholders of the Daily Journal Corporation (DJCO) in Los Angeles On Wednesday.  “We won’t be able to join each other in person this year, but I hope that many shareholders will join our annual meeting online. In the meeting, Jerry [Salzman] and I, as usual, will answer many questions,” Munger wrote in a letter to shareholders… Source link

Berkshire Hathaway Inc Vice Chairman Charles Munger speaks at the Daily Journal annual meeting in Los Angeles, U.S., February 15, 2017. REUTERS/Lucy Nicholso This is the time of year that hundreds of people would make the trip to see Charlie Munger — Berkshire Hathaway’s vice-chairman and Warren Buffett’s long-time business partner. The legendary investor and polymath headlines the Annual Meeting of Shareholders of the Daily Journal Corporation (DJCO) in Los Angeles. Yet like almost every… Source link

MOSCOW and AMSTERDAM, Oct. 29, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that all resolutions proposed at Yandex’s 2020 Annual General Meeting of Shareholders (“AGM”), held on Thursday, October 29, 2020, have been approved. Yandex also announced two reappointments to its Board of Directors. Arkady Volozh was re-appointed as executive member of the Board of… Source link

MOSCOW and AMSTERDAM, Oct. 29, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that all resolutions proposed at Yandex’s 2020 Annual General Meeting of Shareholders (“AGM”), held on Thursday, October 29, 2020, have been approved. Yandex also announced two reappointments to its Board of Directors. Arkady Volozh was re-appointed as executive member of the Board… Source link

Yahoo Finance is making its annual All Markets Summit online-only amid the ongoing coronavirus pandemic, TheWrap can exclusively reveal. The 2020 “All Markets Summit: Road to Recovery” will air at 5 p.m. ET Monday, October 26, entirely via livestream on Yahoo Finance, just as Warren Buffett’s Berkshire Hathaway shareholders meeting did in May. On Tuesday, July 21, at 5 p.m. ET, the outlet will host a virtual one-hour special, “All Markets Summit Extra: Road to Recovery,” as a lead-up… Source link