BlackRock Memo Reveals Wealth-Management Shuffle Amid ESG Backlash in Texas
The asset manager is seeking to expand ties with rich investors and calm a backlash over energy investment strategy, among other areas.
The asset manager is seeking to expand ties with rich investors and calm a backlash over energy investment strategy, among other areas.
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...
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...
Readers hoping to buy The Straits Trading Company Limited ( SGX:S20 ) for its dividend will need to make their move...
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...
"The fundraiser, cheerleader, and coach for teams developing real technologies has become a meme-stock carnival barker."
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...
In this article, we’ll look into Morgan Stanley’s top 15 stock picks for 2024. If you prefer to skip the introduction about the investment bank and its recent business developments, you can just dive straight into Morgan Stanley’s Top 5 Stock Picks for 2024. With the upcoming U.S. election season looming, the Federal Reserve has attempted […]
This week, we look at the direction of US interest rates along with the latest business update from a popular hospitality trust. The post Top Stock Market Highlights of the Week: US Interest Rates, Wilmar International and CDL Hospitality Trusts appeared first on The Smart Investor.
(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.
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
The board of HRnetGroup Limited ( SGX:CHZ ) has announced that it will be increasing its dividend by 14% on the 24th of...
NIO Inc. (NIO) concluded the recent trading session at $5.57, signifying a -0.36% move from its prior day's close.
In the most recent trading session, BlackBerry (BB) closed at $2.93, indicating a +0.34% shift from the previous trading day.
Warren Buffett took hours of questions from shareholders on Saturday for the first time since the passing of his right-hand man, Charlie Munger.
Key Insights Significant insider control over GSH implies vested interests in company growth Seng Hui Goi owns 64% of...
OSLO (Reuters) -Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, supports the reappointment of Barclays CEO C.S. Venkatakrishnan and Chair Nigel Higgins to the British bank's board, the fund manager said on Saturday. Norges Bank Investment Management (NBIM) will also support Barclays' proposed bonus policy change for so-called material risk takers (MRTs), like it recently did at rival bank HSBC, an updated list of NBIM's voting intentions showed.