Conglomerate

Conglomerate Articles

Market volatility has been ratcheting up, with U.S. stocks recently seeing their worst day since early August. The S&P 500 dropped 2.1% in a single day and erased all the gains seen during a...
24/7 Wall Street Insights Inflationary prices on all goods and services over the last 3 years remain unabated. Dividend stocks are one source of passive income worth consideration to help defray...
With his long, flowing white beard and steely gaze, Constellation Software President Mark Leonard looks like a cross between Sir Ian McKellan’s Gandalf the Grey from The Lord of the Rings and his...
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.
Some rather significant changes were made in the Berkshire Hathaway equity portfolio during the third quarter.
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...
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...
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.
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...
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.
One man is against anything that is tied to corruption or reputational challenges of the sort FirstEnergy faces, and that man is Warren Buffett.
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.
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...
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?
GE is taking actions that will look like a refinancing of some debt to solidify the conglomerate's financial position.