Image source: The Motley Fool Warren Buffett announced his pending retirement on 3 May. And since then, Berkshire Hathaway (NYSE:BRK.B) stock has fallen 10% — while the S&P 500 rose 12%. Has the company really lost its long-term Buffett premium? With a forecast price-to-earnings (P/E) ratio of 24, it’s now valued no more highly than the index average. And if we adjust for the more than $330bn in cash — around a third of its market cap — the P/E of the investment business itself looks like only around 16. If there’s anything investors really don’t like it’s uncertainty. And…
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Financial ExpressIndia ramps up rare earth strategy; eyes Australia, Argentina, Brazil and Chile for supplies: ReportAmid rising global concerns over China’s dominance in rare earth magnets, India is ramping up efforts to diversify supply chains by exploring partnerships….1 month ago Source link
Image source: Getty Images Anyone investing for passive income would likely salivate at the possibility of a stock offering a 9% dividend yield. And that’s exactly what analysts have one company from the FTSE 250 down as delivering in the current financial year. Is this one for Foolish investors to consider or be wary of? Awful run of form The stock in question is B&M European Value Retail SA (LSE: BME). And initial impressions aren’t great. That stonking yield is mostly down to the company — and its holders — having an absolutely awful 2025 so far. Anyone picking up…
Image source: Getty Images With the FTSE 100 trading above 9,000 points and pushing to fresh record highs, it’s no wonder that many investors are cheering. Yet, when I examine the current macroeconomic backdrop, I can identify several warning signs that could lead to a stock market crash later this year. Here are some of them, and why I’m not actually worried. Inflation trending higher The latest UK inflation figure showed prices rising by 3.6%, the highest level in well over a year. When I look at the previous months, it’s clear that inflation’s trending higher. This isn’t a good…
Interest in Greenland’s minerals is soaring, driven in part by Trump, who has said the U.S. must “get” the island. But the rare earths will be hard to mine. Source link
The European Union is reintroducing international carbon credits into its climate policy to help meet its 2040 carbon emission targets.The effectiveness of international carbon credits depends on ensuring environmental integrity, fair benefit-sharing and alignment with the Paris Agreement.Used responsibly, international carbon credits can support a just transition in the Global South while also benefiting European industries.Twelve years after phasing out the use of carbon credits towards its climate goals, the EU is now considering reintroducing them. A proposed amendment to EU climate law would set a legally binding target to cut net greenhouse gas emissions by 90% by 2040, compared…
Image source: Getty Images This time last year I declared two FTSE 100 income giants, Legal & General Group (LSE: LGEN) and M&G (LSE: MNG), my favourite two dividend shares. Have they lived up to expectations? On 29 July 2024, they were offering spectacular yields of 8.76% and 9.43% respectively. Yet I was also a little frustrated. Their shares had dipped over 12 months, eroding my income gains. I thought they’d been unfairly ignored. Was I right? M&G share price climbs nicely Over the last year, the M&G share price has risen an impressive 26.5%. That’s terrific for a big blue-chip. Legal & General couldn’t…
NEW PHILADELPHIA ‒ The New Philadelphia City Schools Board of Education has voted to place a 6.1-mill bond issue on the Nov. 4 ballot.This is the third attempt by the district to get a bond issue passed. On May 6, district voters rejected by a wide margin a $72-million, 5.9-mill bond issue to fund construction of a new elementary school at South Elementary and eventually a new high school/middle school at the current site. The bond issue was also rejected by voters in November.The updated millage reflects increased construction costs due to inflation and higher interest rates since the previous…
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