Planet Fitness stock was falling Tuesday after the gym company announced that Colleen Keating will be the new CEO. Planet Fitness said in a news release Tuesday that Keating will take over as CEO effective June 10. Current interim CEO Craig Benson will resign from the position, but will continue to serve as a member of the company’s board.
Some commentators have spent decades predicting the imminent demise of the US dollar’s special status as the world’s international reserve currency.
Berkshire Hathaway has sold its entire stake in Paramount Global losing “quite a bit of money,” Berkshire CEO Warren Buffett said at the company’s annual meeting on Saturday. Buffett also shot down speculation that Ted Weschler or Todd Combs, who together run about 10% of Berkshire Hathaway’s equity portfolio, had purchased the Paramount stake, taking responsibility for the investment himself. “It was 100% my decision and we’ve sold it all and we lost quite a bit of money,” said Buffett.
The board of DBS Group Holdings Ltd ( SGX:D05 ) has announced that it will pay a dividend on the 20th of May, with...
Here are three Singapore REITs that managed to increase their DPU in a difficult environment. The post 3 Singapore REITs That Raised Their DPUs appeared first on The Smart Investor.
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
James Baldwin famously said, "Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor." In January 2014, long after the Great Recession but before the pandemic,...
Key Insights Kimly's significant insider ownership suggests inherent interests in company's expansion A total of 3...
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Readers hoping to buy The Straits Trading Company Limited ( SGX:S20 ) for its dividend will need to make their move...
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
He owes it to one woman.
Grant Cardone is an investor and author who popularized the "10X Rule" of financial freedom. Although he has a net worth of over $600 million today, he started from humble beginnings. Check Out: 10...
Hutchison Port Holdings Trust ( SGX:NS8U ), is not the largest company out there, but it received a lot of attention...
Banks issue rewards credit cards for all kinds of spending categories, from flights, hotels, rental cars and entertainment to groceries, dining, warehouse clubs and e-commerce. With all of the various...
(Reuters) -China's Ping An Insurance Group Co the biggest Asian investor in HSBC PLC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a source familiar with the matter told Reuters on Saturday, as the investor voted against such a move. Quinn, who has announced he will step down as chief executive once a successor is appointed, last year defeated Ping An's long campaign to get HSBC to spin off its Asia business. Europe's biggest bank had faced proposals submitted by Hong Kong-based individual investor Ken Lui and backed by its biggest Asian shareholder Ping An to consider a radical restructuring and to boost its dividends.
"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."
The fact that multiple Meta Platforms, Inc. ( NASDAQ:META ) insiders offloaded a considerable amount of shares over the...
Warren Buffett told Berkshire Hathaway shareholders that he has mixed feelings about artificial intelligence — in a tone he's expressed before.
After working for most of your adult life, the last thing you want to do is stress about your finances and paying hefty bills in your golden years. You want to enjoy your retirement after committing...
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