The Berkshire Hathaway Portfolio

Coronavirus pandemic may put an end to dividends

Dividends are at risk in a big way as Corporate America sees a major profit and cash squeeze amid the coronavirus pandemic.

Walmart Grocery app sees record downloads amid COVID-19, surpasses Amazon by 20%

Record demand for online grocery shopping amid the COVID-19 pandemic has sent the apps for grocery pickup and delivery services up the charts. Walmart Grocery, as a result, has now hit an all-time high in downloads -- grabbing the No. 1 ranking position across all Shopping apps in the U.S. on April 5, 2020, and surpassing Amazon by 20%, according to a new analysis from app intelligence firm App Annie. The Walmart Grocery application retained that No. 1 position for at least two days, the firm said, citing data from both the Google Play store and the Apple App Store, combined.

GM plans to extend shutdown of Brazil auto production by 60 days

General Motors Co plans to keep its Brazilian factories shut down for at least 60 more days due to the coronavirus crisis, the company said Thursday, as the final batch of unionized workers voted on the automaker's proposal. GM's plants in Brazil have been shuttered since March 30 when the company put its workers on furlough, but kept their pay intact as it made employees use up vacation days. Now its factories in Brazil, where for several years Chevrolet has been the country's best selling brand, will be shut down at least until mid June.

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  Toyota extends North American plant shutdown; will stop paying 5,000 temporary workers

  Reuters
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  Broadway Extends Shutdown to June Due to Coronavirus

  Variety

United Parcel Service (UPS) Stock Sinks As Market Gains: What You Should Know

United Parcel Service (UPS) closed at $98.69 in the latest trading session, marking a -0.1% move from the prior day.

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  Ampco-Pittsburgh (AP) Gains But Lags Market: What You Should Know

  Zacks
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  Medtronic (MDT) Outpaces Stock Market Gains: What You Should Know

  Zacks

Apple (AAPL) Gains But Lags Market: What You Should Know

Apple (AAPL) closed at $267.99 in the latest trading session, marking a +0.72% move from the prior day.

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  Ampco-Pittsburgh (AP) Gains But Lags Market: What You Should Know

  Zacks
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  Medtronic (MDT) Outpaces Stock Market Gains: What You Should Know

  Zacks

A day in the life of an Amazon courier on the frontlines of the U.S. pandemic

Excelso Sabulao delivers groceries for Amazon.com Inc <AMZN.O> in California so he can help provide his parents an income. Sabulao, 35, is one of countless Amazon contractors shuttling food and staples that consumers depend on to their doorsteps, with nearly all of the U.S. population under government stay-at-home orders. On Monday morning, Sabulao commuted about an hour to Dublin, a city in the San Francisco Bay Area, to pick up grocery orders from Amazon-owned Whole Foods.

Here is Why Growth Investors Should Buy Kroger (KR) Now

Kroger (KR) is well positioned to outperform the market, as it exhibits above-average growth in financials.

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  Kroger (KR) Is Up 10.85% in One Week: What You Should Know

  Zacks
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  Food News Roundup: Kroger, Instacart Announce Updates, Subway Doubles As Grocery Store

  Benzinga

Stocks - S&P Caps Best Week Since '74 as Powell Signals More Ammo in Fed Bazooka

By Yasin Ebrahim

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  US Stock Market Takes A Break From Rally For Good Friday

  SmarterAnalyst
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  Stocks surge on Fed's $2.3T stimulus

  Fox Business

Kroger (KR) Is Up 10.85% in One Week: What You Should Know

Does Kroger (KR) have what it takes to be a top stock pick for momentum investors? Let's find out.

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  This is Why Highwoods Properties (HIW) is a Great Dividend Stock

  Zacks
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  Food News Roundup: Kroger, Instacart Announce Updates, Subway Doubles As Grocery Store

  Benzinga

Kroger (KR) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Kroger (KR) have what it takes? Let's find out.

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  Does Gyldendal ASA (OB:GYL) Have A Place In Your Dividend Portfolio?

  Simply Wall St.
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  Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks - April 09, 2020

  Zacks

KR vs. WMT: Which Stock Is the Better Value Option?

KR vs. WMT: Which Stock Is the Better Value Option?

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  JCOM vs. COUP: Which Stock Is the Better Value Option?

  Zacks
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  Should Value Investors Buy GMS Inc. (GMS) Stock?

  Zacks

Is The Kroger (KR) Stock Outpacing Its Retail-Wholesale Peers This Year?

Is (KR) Outperforming Other Retail-Wholesale Stocks This Year?

The Zacks Analyst Blog Highlights: Delta Air Lines, Bank of America and Chevron

The Zacks Analyst Blog Highlights: Delta Air Lines, Bank of America and Chevron

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  The Zacks Analyst Blog Highlights: HanesBrands, Retail giant Gap, Ralph Lauren and Canada Goose

  Zacks
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  The Zacks Analyst Blog Highlights: AbbVie, Coherus BioSciences, Bluerock Residential Growth REIT, Huntington Ingalls Industries and Installed Building Products

  Zacks

General Motors to Make 30K Ventilators to Combat Coronavirus

General Motors (GM) will manufacture and supply the ventilators to the government by the end of August, with the first 6,132 ventilators to be delivered by Jun 1.

Company News for Apr 9, 2020

Companies In The News Are: CAT, MRO, GM, RPM.

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  Yahoo Finance LIVE - Apr 13

  Yahoo Finance Video
• Edited Transcript of OUP.H.V earnings conference call or presentation 6-Apr-20 2:00pm GMT

  Thomson Reuters StreetEvents

MIT develops privacy-preserving COVID-19 contact tracing inspired by Apple's 'Find My' feature

One of the efforts that's been proposed to contain the spread of COVID-19 is a contact trace and track program that would allow health officials to keep better tabs on individuals who have been infected and alert them to potential spread. Contract tracing has already seemingly proven effective in some parts of the world that have managed to curb the coronavirus spread, but privacy advocates have big reservations about any such system's implementation in the U.S. There are a number of proposals of how to implement a contact tracing system that preserves privacy, including a decentralization proposal for a group of European experts.

Costco's March Comps Rise on Coronavirus-Led Panic Buying

Even amid such crisis Costco (COST) looks quite resilient owing to the company's business model and products it offers, which have been in demand since the coronavirus outbreak.

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  Costco Taps Further Into China But March Sales Miss Badly Despite Panic Stockpiling

  Investor's Business Daily
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  Costco's March same-store sales jump as coronavirus triggers surge in buying

  Reuters

Costco set to open new store in China's Suzhou city

U.S. retail giant Costco <COST.O> will open a new store in China's eastern city of Suzhou, near Shanghai, state media reported on Thursday. Costco's subsidiary in Suzhou on Thursday bought a piece of land in Suzhou New District at a cost of more than 142.5 million yuan ($20.2 million), according to the management committee of Suzhou New District. Costco is beefing up its presence in the world’s most populous country where a rapidly expanding middle class is looking for good-quality products at bargain prices.

4 Cloud Computing Stocks to Beat Coronavirus Blues

To stay connected amid the coronavirus-induced lockdown, people across the world are relying heavily on the Internet, which brightens up prospects for cloud players.

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  Britney Spears Has Proposed a Social Distancing Lyric Change to One of Her Biggest Hits

  Meredith Videos
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  These 3 people will be social distancing 250 miles from Earth

  The Week

Some local businesses find success with Paycheck Protection Program, while others are left waiting

Anthony Consalvo got the good news Monday afternoon. The owner of Winter Park real estate firm Florida One Real Estate received word that his Paycheck Protection loan application with Tampa-based Central Bank was approved. Consalvo told Orlando Business Journal that he had applied through the bank's Winter Park branch and has not yet been told how the distribution process will happen.