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WRAPUP 4-Buffett defends Berkshire stock push, reassures on future as profit smashes record

12 hours ago NAMEX Comments Off on WRAPUP 4-Buffett defends Berkshire stock push, reassures on future as profit smashes record
NEW YORK (Reuters) – Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc’s (BRKa.N) decision to invest heavily in stocks of companies such as Apple Inc (AAPL.O) 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 Read More

Rising stocks fuel record profit for Buffett’s Berkshire; operating profit disappoints

14 hours ago NAMEX Comments Off on Rising stocks fuel record profit for Buffett’s Berkshire; operating profit disappoints
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Saturday posted a 23% decrease in quarterly operating profit, while soaring prices in stock holdings such as Apple Inc (AAPL.O) enabled the conglomerate to smash its old record for full-year earnings. FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather Read More

Buffett defends Berkshire stock push, reassures on future as profit smashes record

14 hours ago NAMEX Comments Off on Buffett defends Berkshire stock push, reassures on future as profit smashes record
NEW YORK (Reuters) – Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc’s (BRKa.N) decision to invest heavily in stocks of companies such as Apple Inc (AAPL.O) 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 Read More

Tucker Carlson: Russia isn’t attacking our democratic system – our own ruling class is

18 hours ago NAMEX Comments Off on Tucker Carlson: Russia isn’t attacking our democratic system – our own ruling class is
The story of American decline is the story of an incompetent ruling class. You’ll hear many self-serving explanations for it. But the truth is, it’s that simple. The people in charge inherited an industrial superpower with unchallenged military dominance. In a little more than a generation, they squandered all of it. In exchange for short-term Read More

Deere’s shares hit five-year high on unexpected rise in quarterly profits

2 days ago NAMEX Comments Off on Deere’s shares hit five-year high on unexpected rise in quarterly profits
CHICAGO (Reuters) – Deere & Co’s (DE.N) shares soared on Friday to their highest level in at least five years after it reported an unexpected increase in first-quarter profit and retained full-year earnings forecast as signs of stabilization in the U.S. farm sector offset weak demand for construction machines. After gaining 9.7% in the morning Read More

UPDATE 1-Carrefour Brasil to keep capex below $70 mln in Makro conversion to Atacadão

2 days ago NAMEX Comments Off on UPDATE 1-Carrefour Brasil to keep capex below $70 mln in Makro conversion to Atacadão
(Adds details, comments on future plans, share performance) By Gabriela Mello SAO PAULO, Feb 21 (Reuters) – Carrefour Brasil SA expects to keep capital expenditure to convert 30 stores acquired from smaller rival Makro into its Atacadão wholesale format below 300 million reais ($68.41 million), an executive said on Friday. The recently announced acquisition accelerates Read More

Deere’s unexpected rise in quarterly profits sends shares soaring

2 days ago NAMEX Comments Off on Deere’s unexpected rise in quarterly profits sends shares soaring
CHICAGO (Reuters) – Deere & Co (DE.N) on Friday reported an unexpected increase in first-quarter profit and retained its full-year earnings forecast as signs of stabilization in the U.S. farm sector offset weak demand for construction machines, sending its shares soaring. FILE PHOTO: The leaping deer trademark logo is seen on a sign outside a Read More

CANADA STOCKS-TSX futures dip as oil prices fall on fears over coronavirus outbreak

2 days ago NAMEX Comments Off on CANADA STOCKS-TSX futures dip as oil prices fall on fears over coronavirus outbreak
Feb 21 (Reuters) – Stock futures for Canada’s main equity index slipped on Friday, dragged by a fall in oil prices on renewed uncertainty over the impact of the coronavirus epidemic. March futures on the S&P/TSX index were down 0.08% at 7:05 a.m. ET. The new coronavirus has infected about 500 people in China’s prisons, Read More

China firms in $10 billion share sale rush as funding rules eased amid virus worries

2 days ago NAMEX Comments Off on China firms in $10 billion share sale rush as funding rules eased amid virus worries
SHANGHAI (Reuters) – Listed Chinese companies are queuing up to issue shares and have already announced plans to raise more than $10 billion in the past week after fundraising rules were relaxed to help ease cash strains caused by the coronavirus. FILE PHOTO: A woman wearing a face mask crosses a road after the extended Read More

Today on Fox News: Feb. 21, 2020

2 days ago NAMEX Comments Off on Today on Fox News: Feb. 21, 2020
STAY TUNED On Fox News: Fox & Friends, 6 a.m. ET: Judge Jeanine Pirro, host of “Justice with Judge Jeanine”; Geraldo Rivera, Fox News correspondent-at-large; K.T. McFarland, former deputy national security adviser; Marc Thiessen, Washington Post columnist and Fox News contributor; Amy Corbett, Lego Masters judge and Lego kit designer. On Fox News Radio: The Read More