Every year, investors await Warren Buffett’s annual shareholder letter with excitement, hoping for the insights and flare that make it a must-read. This year’s was a disappointment. Buffett took just...
Tag: Acquisitions/Mergers/Shareholdings
Canada’s Largest Pension Sold Apple, Bought EV Stocks Tesla, NIO, Li Auto
Canada’s largest public pension seems to be more bullish about electric vehicles than iPhones. Canada Pension Plan sold 85% of its Apple stock (ticker: AAPL), and scooped up shares of Tesla (TSLA), an...
For Nvidia Stock, It’s Game On!
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
PayPal’s Outgoing CEO Dan Schulman Buys Up Stock
PayPal Holdings stock has lost all of its gains from the pandemic era, when homebound shoppers used its services to buy online. The financial-services company’s outgoing president and CEO Dan Schulman...
Thomas H. Lee, Leveraged-Buyout Pioneer, Dies of Apparent Suicide
Private-equity pioneer Thomas H. Lee died unexpectedly at 78, his colleagues and family said late Thursday. New York Police Department officials said first responders to an emergency call Thursday mor...
Intel stock has fallen enough, Morgan Stanley says in upgrade
Intel Corp.’s dividend cut helped earn the stock an upgrade Thursday, as Morgan Stanley now sees “limited downside” for the beaten-down name. Morgan Stanley’s Joseph Moore bumped his rating on Intel’s...
Warren Buffett’s Berkshire Hathaway Could Get an Occidental Stock Payoff
One of Berkshire Hathaway’s best investments in the past five years was its purchase of $10 billion of Occidental Petroleum preferred stock paying an 8% dividend yield. Occidental Petroleum (ticker: O...
PayPal CEO’s ‘unusual’ $2 million stock purchase is ‘certainly a positive’ signal
PayPal Holdings Inc. Chief Executive Dan Schulman just did something “unusual” for a departing executive. Often, executives and other insiders begin to trim their company stock exposure when they’re p...
Corteva CEO Chuck Magro Bought Up Stock
Corteva stock came through 2022 swimmingly, and shares of the seed-and-pesticide maker remain in positive territory in 2023. CEO Chuck Magro just bought a large block of the company’s stock. Corteva s...
Cathie Wood’s ARK Swoops In to Buy Shopify Stock After Recent Slump
High-profile fund manager Cathie Wood’s ARK Investment Management has increased holdings of e-commerce company Shopify and shed chip maker Nvidia the group said in a statement. ARK snapped up about $3...
Bed Bath & Beyond’s $1 Billion Stock Deal: What to Know
It has been a whirlwind for Bed Bath & Beyond Inc.’s meme-stock investors, marked by a credit default, store closings and a last-gasp financing deal that saved the company from chapter 11. The tur...
Berkshire Hathaway’s Buy in Truck-Stop Operator Pays Off
Berkshire Hathaway investors may soon get a read on one of the company’s better deals in the past decade—a 2017 purchase for nearly $3 billion of a 38.6% interest in Pilot Flying J, the country’s lead...
FIS walks back Worldpay merger, will spin off its merchant business
Financial-technology company Fidelity National Information Services Inc. plans to spin off its merchant business, the company announced Monday. FIS FIS, -15.21%, which announced a “comprehensive asses...
Berkshire Hathaway’s 4Q Equity Buys and Sales to Be Disclosed in Filing Tuesday
What were Warren Buffett and his colleagues at Berkshire Hathaway up to with their $350 billion equity portfolio last quarter? Investors will find out very soon. A regulatory filing expected Tuesday s...
Blackstone’s Big New Idea Leaves It Bruised
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Raytheon CEO Bought Up This Energy Stock
After a strong 2022, Phillips 66 stock recently slipped, and one director scooped up shares of the diversified-energy firm on the open market. Phillips 66 stock (ticker: PSX) surged 44% in 2022—a stro...
15 dividend stocks whose 5% to 10% yields appear safe in 2023 and 2024 by this analysis
Corrected dividend stock screen table, because Hanesbrands had eliminated its dividend on Feb. 2. See note above table. If you are investing in dividend stocks, the last thing you want to see is a com...
Opinion: Marc Benioff’s Salesforce fairy tale is crumbling down around him
Salesforce Inc. has been a unique tech company, able to sell itself as a “family” that has higher ideals than just profit to its employees while generating near-universal praise from Wall Street as we...