Tag Archives: Berkshire

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, August 9, 2021 Berkshire Hathaway’s own shares were Berkshire’s big buy in the second quarter Berkshire Hathaway (BRK-A, BRK-B) released its quarterly results on Saturday morning.  Total revenue for the conglomerate hit $69.1 billion in the second quarter while earnings per share came in at $18,488 per Class A share.  But as has been the… Source link

By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway Inc on Saturday said many of its businesses are enjoying strong recoveries from the early depths of the coronavirus pandemic, fueling rebounds in profits and revenue. The company Buffett has run since 1965 also signaled the billionaire’s confidence in its future by repurchasing $6 billion of its own shares in the second quarter, even as its stock price regularly set new highs. Omaha, Nebraska-based Berkshire’s manufacturing,… Source link

Warren Buffett, CEO of Berkshire Hathaway, speaks to the press as he arrives at the 2019 annual shareholders meeting in Omaha, Nebraska, May 4, 2019. (Photo by Johannes EISELE / AFP) (Photo credit should read JOHANNES EISELE/AFP via Getty Images) Investing icon Warren Buffett has now pledged half of his Berkshire Hathaway shares to (BRK-B, BRK-A) to charity, giving another $4.1 billion to five foundations as part of his long-standing annual commitment to philanthropy.  “Today is a milestone… Source link

(Bloomberg) — Warren Buffett’s capital-deployment machine pulled back on several fronts at the start of the year as the billionaire took a more cautious stance on stocks. Berkshire Hathaway Inc.’s net stock sales in the first quarter were the second-highest in almost five years and the conglomerate, where the billionaire is chief executive officer, slowed its buyback pace, according to a regulatory filing Saturday. That helped push Berkshire’s cash pile up 5.2% from three months… Source link

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

NEW YORK – Today, Yahoo Finance, the leading business and financial news brand, announced Moomoo Inc., a financial brokerage and wealth management platform, as the Title Sponsor of the 2021 Berkshire Hathaway Shareholders Meeting live stream event. Yahoo Finance will return, for the sixth consecutive year, as the exclusive live stream host of the meeting on Saturday, May 1st beginning at 12:30pm ET. Watch the live stream here: https://finance.yahoo.com/brklivestream. Berkshire Hathaway’s… Source link

Berkshire Hathaway’s Annual Shareholders Meeting, known as the “Woodstock for Capitalists”, is one of the most well–attended shareholder meetings in the world.  In the new normal, the event will be broadcasted remotely. Yahoo Finance will connect moomoo’s 13 million users to the only destination for investors and professionals to hear directly from billionaire investor Warren Buffett. Millions of people around the world are expected to tune in to hear Chairman and CEO Warren Buffett, Vice… Source link

Warren Buffett has a storied history with airline stocks, once quipping, “I am Warren and I am an aeroholic.” But the spectacular returns for the industry over the last year are casting a dark cloud on Berkshire Hathaway’s decision to dump all of its airline holdings in May 2020 as prices were bottoming. Berkshire loaded up on stock of the four major U.S. carriers in 2016. At the 2020 Berkshire annual shareholders meeting, Buffett said he’d spent $7 billion to $8 billion amassing stakes in… Source link

If you’ve never been to the Berkshire Hathaway (BRK-A, BRK-B) annual meeting, make it a priority—and include a virtual visit this year. Experienced attendees, join in too. An annual tradition for a half-century, Berkshire chairman Warren Buffett hosts the meeting to cultivate quality shareholders by explaining—and celebrating—the company’s culture. Typical Berkshire shareholders have read Buffett’s annual letter to shareholders before the ensuing meeting, where it becomes the… Source link

Investments Articles Investments Yahoo Finance to Exclusively Livestream Berkshire Hathaway Shareholders Meeting Yahoo Finance, the leading business and financial news brand, returns as the exclusive livestream host of the annual Berkshire Hathaway Shareholders Meeting on Saturday, May 1st beginning at 12:30pm ET (Sunday May 2nd beginning at 12.30am GMT+8). Watch the live stream here: https://finance.yahoo.com/brklivestream. The Yahoo Finance exclusive… Source link