Earnings, Berkshire Hathaway, Milken Conference: 3 Things

companies have reported their first quarter earnings as of May 3, according to FactSet. A slew of companies are set to report their earnings this week, including Disney held its first annual shareholder meeting without longtime Vice Chairman Charles Munger. CEO Warren Buffett spoke during the conference about a range of topics, including selling all shares of Paramount Global

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Warren Buffett’s successor Greg Abel seen preserving Berkshire Hathaway’s cultureAbel is expected by investors and analysts to uphold Berkshire Hathaway’s track record of investing in companies for the long haul and eschewing dividend payments to shareholders
Source: globeandmail - 🏆 5. / 92 Read more »

Warren Buffett’s Berkshire Hathaway mulls major new investment in CanadaGreg Abel, who is vice-chair of Hathaway’s non-insurance operations, is a Canadian who is widely seen to be Warren Buffett’s successor in the executive suite and eventually become the company’s chair
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Why Warren Buffett's billions in cash at Berkshire Hathaway is a bearish stock market signalBerkshire Hathaway cut its stake in Apple by about 13% as its cash pile hit a record high in the first quarter. A bearish signal all around?
Source: YahooFinanceCA - 🏆 47. / 63 Read more »