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Follow this list to discover and track stocks have the highest Social scores as rated by Sustainalytics Research. This list is generated daily and limited to the top 30 stocks that meet the criteria.
Berkshire Hathaway Inc.
Wells Fargo & Company
Coca-Cola FEMSA, S.A.B. de C.V.
National Grid plc
Energy Transfer LP
Digital Realty Trust, Inc.
Liberty Broadband Corporation
Twenty-First Century Fox, Inc.
First Republic Bank
Stanley Black & Decker, Inc. CORP UNIT 2017
Arch Capital Group Ltd.
Teva Pharmaceutical Industries Limited
Zillow Group, Inc.
Annaly Capital Management, Inc.
InterContinental Hotels Group PLC
Public Joint-Stock Company Mobile TeleSystems
Grupo Aval Acciones Y Valores S.A.
Kimco Realty Corporation
Sociedad Química y Minera de Chile S.A.
LATAM Airlines Group S.A.
New York Community Bancorp, Inc.
From Warren Buffett's annual letter to Berkshire Hathaway shareholders.
From Warren Buffett's annual letter to Berkshire Hathaway shareholders.
In his annual letter to Berkshire Hathaway Inc shareholders, Buffett said pay for outside directors has "soared" to levels that might threaten their independence, sometimes reaching $250,000 to $300,000 for two weeks work, while "generous" age limits ensure "fabulous" job security. Buffett said this can make even "independent" directors resist challenging bad decisions by CEOs, especially in takeovers. "When seeking directors, CEOs don't look for pit bulls," Buffett wrote.
Taking advice from Wall Street on deals is a bit like asking “the barber whether you need a haircut,” according to billionaire Warren Buffett. Buffett said in his annual letter to Berkshire Hathaway shareholders Saturday that the current system of reviewing deals doesn't always work well for investors because it almost always favors the deal that corporate CEOs propose. Companies should consider hiring two sets of advisers to argue for and against a deal before moving forward instead of just hiring a Wall Street firm that favors the deal, he wrote.
Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc's decision to invest heavily in stocks of companies such as Apple Inc as he labors through a four-year drought since his last major acquisition of a company. Buffett, 89, also used his annual letter to Berkshire shareholders to assure they should not worry about the future of the company, which is "100% prepared" for when he and 96-year-old Vice Chairman Charlie Munger are no longer around. "I do think it's on the right path," said James Armstrong, president of Henry H. Armstrong Associates in Pittsburgh, which invests one-fourth of its assets in Berkshire.
Berkshire Hathaway’s Warren Buffett on Saturday stood by his decision to plough ever greater sums of the company’s cash pile into stocks as he struggled to find multibillion-dollar acquisition targets, after a year in which the sprawling conglomerate suffered its worst performance against the broader market in a decade. The so-called Oracle of Omaha told Berkshire stockholders in his annual letter that his ability to find quality companies to buy outright at the right price was “rare”.
Wells Fargo & Co has agreed to pay $3 billion (2.3 billion pounds) to resolve criminal and civil probes into fraudulent sales practices and has admitted to pressuring employees in a fake-accounts scandal, U.S. officials said on Friday, wrapping up one of the last major investigations looming over the bank. Wells Fargo will pay the penalties to the U.S. Justice Department and Securities and Exchange Commission and enter into a three-year deferred prosecution agreement during which the San Francisco-based bank will continue to cooperate with any ongoing government investigations, Justice Department officials said. In a statement, Charles Scharf, Wells Fargo's new chief executive, described the past conduct as "reprehensible." Wells Fargo is the fourth-largest U.S. lender.
More hearings: The House Financial Services Committee said on Friday that it will conduct three Wells Fargo hearings next month where new Chief Executive Charles Scharf and other company officials will be probed about the scandal. Scharf has tried to place the scandal squarely in the past, describing "historical" and "legacy" issues, but lawmakers will rehash Wells Fargo's mistakes in public. Consent orders: Wells Fargo is currently operating under roughly 14 consent orders with various regulators including the Office of the Comptroller of the Currency, Securities and Exchange Commission and the Consumer Financial Protection Bureau.
Wells Fargo agreed Friday to pay $3 billion to settle criminal and civil investigations into a long-running practice whereby company employees opened millions of unauthorized bank accounts in order to meet unrealistic sales goals. "I just want (Executive A) to be constantly aware of this growing plague,” one Wells Fargo executive wrote in a 2004 email.
Efficient fleet management is likely to get reflected in Hertz Global's (HTZ) fourth-quarter performance. However, high expenses might have dented the bottom line.
The global reliance on China for APIs and drug manufacturing might hit supply chains and production amid the Coronavirus outbreak. Thus, companies independent of China's input are up for grabs now.
Xerox (XRX) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
Though the settlement of fake account litigation will help Wells Fargo (WFC) overcome a major hurdle, several other ongoing probes will continue to weigh on its financials.
Warren Buffett's company provided disappointing returns to shareholders last year, but on Saturday, the billionaire investor vigorously defended Berkshire Hathaway's move to invest heavily in stocks of companies like Apple. In his closely scrutinized annual letter to shareholders, the man known as the "Oracle of Omaha" for his investing prowess called stocks a far better bet than low-yielding bonds in light of low rates for interest and corporate taxes. He said he would prefer buying whole companies but argued that stocks often are the better bet. Shares of Berkshire, whose holdings include Geico and Dairy Queen, rose just 11% last year, far underperforming the S&P 500's 31.5% total return. His company's operating earnings slipped 3%. Berkshire ended the year with a cash pile of $128 billion. Buffett, the world's fourth richest person according to Forbes, is also known as a shrewd dealmaker, but his company has not made any major acquisitions since 2016. In his letter, the 89-year-old CEO also sought to assuage shareholders who are worried about who would succeed him and his 96-year-old vice chairman, Charlie Munger. He said the company - in his words - "is 100% prepared for our departure." He also said Berkshire will give "more exposure" to the two leading contenders at its annual meeting in May.
Wells Fargo has reached a $3 billion settlement with U.S. authorities, making it one more step closer to putting its notorious fake-account scandal behind it. The tarnished bank will make the payment to the U.S. Department of Justice and the Securities and Exchange Commission, U.S. officials announced on Friday, putting to rest one of the final major investigations into the bank's wrongdoing. In what is rare for a corporate settlement, Wells Fargo admitted that for 14 years it pressured employees to meet "unrealistic sales goals that led thousands of employees to provide millions of accounts or products to customers under false pretenses or without consent." It also admitted that employees forged records or misused customer data. As part of the agreement, prosecution will be deferred for three years and during that time Wells Fargo will cooperate with any ongoing government probes. Bank CEO Charles Scharf, who was brought in after the scandal, said in a statement that his bank is now committed to making sure nothing like this ever happens again. The scandal rocked the bank, which once had a stellar reputation, and sparked contentious hearings on Capitol Hill. And more hearings are scheduled. The House Financial Services Committee is already planning three more hearings on Wells Fargo's conduct for next month.