March 16 (Reuters) - Lockheed Martin Corp said on Monday Marillyn Hewson will step down as chief executive officer, effective June 15.
The No.1 U.S. defense contractor said board member James Taiclet will replace Hewson. (Reporting by Rachit Vats in Bengaluru; Editing by Sriraj Kalluvila)
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."
This industry-leading company is out of favor and worth buying now.
One of Buffett's favorite stocks of all time topped his list of buys in 2023.
M2 money supply hasn't done this in nine decades.
The market rally made a bullish move, with Nvidia flashing a buy signal. Palantir leads five AI stocks near buy points with earnings due.
Can a nursing home seize your savings? What if your money is in a trust or a Roth IRA? For married and single retirees alike, these are important questions with nuanced answers. First for the good news: A nursing home cannot simply take your retirement accounts or savings. Short of legal action due to an […] The post Can a Nursing Home Take Our Assets? We Have a $500k IRA and a Trust to Protect Us appeared first on SmartReads by SmartAsset.
Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals addressing environmental and social policy issues at Warren Buffett's conglomerate, all of which the billionaire investor and his board opposed. By margins of more than 4-to-1, shareholders at Berkshire's annual meeting voted against two proposals that the company's insurance and energy operations disclose more about their efforts to address climate change including greenhouse gas emissions. They also turned down a proposal for more disclosure about efforts to promote diversity, equity and inclusion in the workplace.
These stocks have rock-solid businesses and they have impressive track records for paying dividends.
Dan Loeb bet on one of the cheaper Magnificent Seven stocks as an underrated AI play.