Business
April 29, 2024
73 views 4 mins 0

Here’s How Much Stock Apple Repurchased in the Past Year

Most investors focus on a company’s growth prospects when considering a purchase of its stock. And understandably so. Revenue and earnings growth isn’t the only way to add to a stock’s value, however. Reducing the number of outstanding shares of a company is another, often-overlooked means of making existing shareholders’ stakes worth more. The company […]

Business
April 29, 2024
105 views 6 mins 0

Shari Redstone is playing M&A war games with removal of Paramount CEO Bob Bakish

Bob Bakish, CEO of Paramount, speaks with CNBC’s David Faber on Sept. 6, 2023. CNBC In what could easily be a plotline from HBO’s hit show “Succession,” Paramount Global plans to replace Chief Executive Officer Bob Bakish with a cohort of existing division heads on Monday in a chessboard-altering move designed to accelerate the company’s […]

Business
April 29, 2024
119 views 6 mins 0

Warren Buffett Owns Over $2 Billion of This Forever Stock: Is It a No-Brainer Buy After Another Stellar Quarter?

Investors love to look at what Berkshire Hathaway owns in its public equities portfolio. Some of the biggest holdings are well-known industry heavyweights, including Apple, Bank of America, and Coca-Cola. But there’s a much smaller position in a business that’s perhaps even more dominant than any of those names I just mentioned. Buffett owns $2.3 […]

Business
April 29, 2024
74 views 10 mins 0

These 3 Dividend Payers Are Forever Stocks, Even if the Market Crumbles

Famed investor Warren Buffett has quipped that his favorite holding period is forever. However, not all stocks have the characteristics of a forever holding. Many companies don’t have the durable business models and financial profiles needed to continue making money during periods of severe market turmoil. Black Hills Corporation (NYSE: BKH), Enbridge (NYSE: ENB), and […]

Business
April 29, 2024
6 views 8 mins 0

3 Beaten-Down Stocks I Wouldn’t Touch With a 10-Foot Pole

The market isn’t rational always and everywhere. Sometimes, shares of excellent companies with bright futures almost inexplicably fail to keep pace with broader equities. When that happens, it’s worth it to buy the dip. Other times, some corporations lag the market for good reasons: Their businesses and prospects look shaky. In those cases, investors should […]

Business
April 29, 2024
93 views 3 mins 0

Stocks making the biggest moves premarket: Tesla, Paramount, Domino’s, Southwest Airlines and more

Check out the companies making headlines in premarket trading: Tesla — Shares rocketed more than 10% during premarket trading after the electric vehicle company said on Sunday that local Chinese authorities removed restrictions on its cars , raising expectations that Tesla’s driver-assistance software Full Self-Driving would soon be available in the country. Paramount — The […]