PHOENIX (AP) — A former vice president, an NFL star and other friends remembered Sen. John McCain as a “true American hero” — and a terrible driver with a wicked sense of humor and love of a good battle — at a crowded church service Thursday for the maverick politician that ended to the tune of Frank Sinatra’s “My Way.” …read more […]
A final check on the U.S. consumer this week will be the big economic data highlight while trade will remain a potential market-mover on Friday. …read more […]
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc (BRKa.N), on Thursday said the conglomerate bought back its own stock for the first time since 2012 and added to its already huge stake in Apple Inc (AAPL.O). Buffett also said investors are better off owning a basket of stocks than long-term bonds as a strong U.S. economy bolsters corporate profits, despite higher costs from tariffs. “I don’t know when to buy stocks, but I know whether to buy stocks,” Buffett, celebrating his 88th birthday, said on CNBC. …read more […]
Berkshire Hathaway CEO Warren Buffett discusses how he isn’t giving up on Wells Fargo and why it would be a poor idea for Apple to invest in Tesla. …read more […]
As the U.S. nears trade deals with Mexico and Canada, the Trump administration appears committed to new car production rules that would raise prices. …read more […]
Apple’s success is likely to continue with the new iPhone. …read more […]
The Brazilian government will approve the tie-up between Boeing Co (BA.N) and Embraer SA (EMBR3.SA), which is still under President Michel Temer’s mandate, but only after the October presidential elections, Brazilian Defense Ministry Joaquim Silva e Luna said on Thursday. The U.S. plane maker announced in early July it plans to take over the commercial jet unit of Embraer in a proposed $4.75 billion joint venture. Boeing would have an 80 percent stake in the venture. …read more […]
Analysts believe Apple plans to release three new smartphones this year, including a one with a larger display than previous models. Analysts also expect Apple to release an iPhone with a edge-to-edge display similar to the iPhone X but using less costly LCD screen technology. Apple’s event invitation made heavy use of the colour gold, fuelling speculation on social media that the company plans to launch a gold-coloured successor to the iPhone X, which was only made available in silver and gray last year. …read more […]
President Donald Trump wants to move ahead with a plan to impose tariffs on $200 billion in Chinese imports as soon as a public-comment period concludes next week, according to six people familiar with the matter. U.S. stocks fell on the news. Some of the people cautioned that Trump hasn’t made his final decision, and it’s possible the administration may enact the duties in installments. …read more […]
Q2 2018 Select Sands Corp Earnings Call …read more […]
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc, on Thursday said the conglomerate has bought back its own stock for the first time since 2012 and has added a “little” to its already huge stake in Apple Inc. Buffett also said investors are better off owning a basket of stocks than 30-year bonds and other fixed-income securities as a strong U.S. economy bolsters corporate profits despite higher costs from tariffs, which have also affected Berkshire. “I don’t know when to buy stocks, but I know whether to buy stocks,” Buffett, celebrating his 88th birthday, said on CNBC …read more […]
CEOs around the world are spending more “aggressively” than ever, said Salesforce co-CEO Marc Benioff on an earnings call Wednesday. Salesforce, which grew its revenue by 27% in the quarter, is benefiting since many of the CEOs have chosen to spend their extra cash on “digital transformation,” he said. Salesforce’s revenues were up 27% in the second quarter, and the company has big-spending executives to thank. …read more […]
Stryker is buying the medical device maker. Here’s what investors need to know. …read more […]
Chip Somodevilla/Getty Images …read more […]
Medical device maker Stryker Corp said on Thursday it will buy smaller rival K2M Group Holdings Inc for about $1.4 billion, adding K2M’s fast-growing spinal implant technology to its business. Stryker’s … …read more […]
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