Conglomerate
Industrial giant GE reported earnings for the fourth quarter and the full year before markets opened Tuesday morning. The results were middling, but the bright spot was really bright.
1 year ago
Some rather significant changes were made in the Berkshire Hathaway equity portfolio during the third quarter.
1 year ago
Last Updated: 1 year ago
General Electric Company (NYSE: GE) has faced a disastrous time in 2020. Despite posting an impressive recovery at the start of 2020, GE shares fell off a cliff into the recession and its prized...
1 year ago
Buffett had been a huge holder of Wells Fargo's stock over time. The latest reputational damage has proved to be too much for the Oracle of Omaha, and whatever his tax ramifications are he has...
1 year ago
This call from JPMorgan does not formally predict that GE's stock will go to zero dollars, but it certainly offers little hope of upside ahead.
1 year ago
Whether it's a bull or a bear market is still up for debate, with the economy still in a recession. What is not up for debate is whether the investing community cares what Warren Buffett is saying...
1 year ago
Last Updated: 1 year ago
General Electric posted second-quarter results Wednesday morning that missed both top- and bottom-line estimates. And the company burned through $2.1 billion in cash during the quarter.
1 year ago
Last Updated: 1 year ago
One man is against anything that is tied to corruption or reputational challenges of the sort FirstEnergy faces, and that man is Warren Buffett.
1 year ago
After two decades of portfolio shuffling and reshuffling, and with a new entrenched team, GE is trying to rebuild itself and restore its reputation as an industrial conglomerate.
1 year ago
Warren Buffett is known for trying to bring calm to the markets and signaling that America's greatest days are ahead of it. What does it signal when he chose not to acquire stocks after the recent...
2 years ago
A generally accepted rule is that for older investors, most investments should be conservative and less risky. Does the same rule apply to Warren Buffett? Should it?
2 years ago
GE is taking actions that will look like a refinancing of some debt to solidify the conglomerate's financial position.
2 years ago
Last Updated: 2 years ago
24/7 Wall St. has reviewed the latest stakes held by Team Buffett in the airlines to see just how bad the damage has been since the end of 2019.
2 years ago
When you get into crazy markets, sometimes logic and sensibility have to be thrown out the window. General Electric Co. (NYSE: GE) is far from an economically immune company. The company’s...
2 years ago
Last Updated: 2 years ago
Investors are not used to hearing is the word "biotech" used in the same sentence as anything to do with Warren Buffett and Berkshire Hathaway. Yet the portfolio managers have purchased shares of...
2 years ago
Last Updated: 2 years ago