This Dividend King is beyond Buffett’s reach to fully acquire and is a great pick for income investors. Warren Buffett wrote in his latest letter to Berkshire Hathaway shareholders, “Your company also holds a cash and U.S. Treasury bill position far in excess of what conventional wisdom deems necessary.” That’s an understatement. As of June 30, Berkshire’s cash position stood at almost $277 billion. That’s by far more cash than the conglomerate has ever had. BRK.A Cash and Short Term Investments (Quarterly) data by YCharts What could Buffett do with Berkshire’s boatload of cash? Buffett has mentioned that he doesn’t…
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Image source: Getty Images The idea of getting into the stock market can be an exciting but daunting one. For example, one concern some people have is that it is not possible to start investing without a large sum of money. In fact, that is not the case. Personally I see some advantages to starting on a smaller scale and trying to keep the cost of any beginner’s mistakes as small as possible. If I had a spare £300 and had never invested before, here is the approach I would take to getting started this month. Learn, learn, learn First…
When Amazon (AMZN) announced its expansion into Nashville, including a new headquarters there, the move marked the single largest jobs commitment made by a company in Tennessee’s history.The data shows the tech giant’s arrival has made a difference in the economy too.“Like any economist, I was skeptical before I saw the results,” said Vikram Pathania, one of Amazon’s principal economists. “You see employment go up, you see income go up, and you see these indicators move positively.”In 2023, Amazon’s investments contributed $4 billion to Tennessee’s gross domestic product and supported 15,000 indirect jobs, according to data provided by the company.…
U.Today – Serial entrepreneur and author Robert Kiyosaki is back with his investment advice to investors without a . He suggested investing in Bitcoin (BTC) or historically bullish traditional assets like gold and silver is always possible. Robert Kiyosaki says to buy Bitcoin, gold and silverIn an X post, the author of “Rich Dad Poor Dad” acknowledged the significant growth in the price of gold over the years. This is coupled with the asset’s all-time high (ATH) milestone.Kiyosaki opines that those who invested in gold 24 years ago, including himself, have done well for themselves. On the flip side, the…
Jeff J Mitchell, Getty ImagesAlex Salmond, the former first minister of Scotland who for decades championed Scotland’s independence from the U.K., has died. He was 69.U.K. Prime Minister Keir Starmer paid tribute to Salmond, calling him a “monumental figure” of both Scottish and British politics.”He leaves behind a lasting legacy,” Starmer said. “As first minister of Scotland, he cared deeply about Scotland’s heritage, history and culture, as well as the communities he represented.”Salmond served as first minister of Scotland from 2007 to 2014, and was leader of the Scottish National Party on two occasions, from 1990 to 2000, and from…
Aid for Hyundai and Genesis owners, customers, dealers and communitiesHyundai and Genesis donate more than $500,000 to local Florida, Georgia and North Carolina organizationsFOUNTAIN VALLEY, Calif., Oct. 12, 2024 /PRNewswire/ — In support of communities impacted by the recent hurricanes, Hyundai Motor (OTC:) America and Genesis Motor America, along with its manufacturing facilities, Hyundai Motor Group Metaplant America in Georgia, and Hyundai Motor Manufacturing Alabama, are announcing a multifaceted hurricane relief program. This program will help deploy immediate humanitarian aid and financial relief for current Hyundai and Genesis owners, prospective customers and dealers who were impacted by the hurricanes in…
Some economists and strategists are increasingly confident that the US economy will avoid recession.However, Zehrid Osmani is raising his recession odds over the threat of rising inflation.The Martin Currie PM shares 4 stocks he believes will be resilient during this period of volatility. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. After a blowout…
We’re witnessing a dramatic transformation of the US utility sector, driven largely by climate change and the swift advancement of technologies such as artificial intelligence (AI). Rising infrastructure costs and the push toward renewable energy are shaking up traditional investment models that depend on fossil fuels. Institutional investors face potential harm to their reputations caused by the slow adoption of climate risk measures and a fall in coal asset values. This uncertainty casts a shadow over dividend stability, pushing investors to seek higher returns and driving up capital costs. At the same time, utility companies are being asked to provide…
Most counties to be restored by end-of-day Sunday; Pasco and Pinellas counties to be restored by end-of-day TuesdayEditor’s note: Visit the Duke Energy (NYSE:) News Center for downloadable B-roll and high-resolution images. ST. PETERSBURG, Fla., Oct. 12, 2024 /PRNewswire/ — Duke Energy Florida is continuing with power restoration in areas impacted by Hurricane Milton. Outages have decreased from over 1 million immediately post-storm to approximately 580,000 as of 12 p.m. ET today, Saturday, Oct. 12. The company recently issued estimated times of restoration for all storm-impacted customers who are able to receive power. Those in Brevard, Citrus, Hernando, Highlands, Lake,…
PepsiCo (PEP 1.05%) shares have traded in a tight range this year, and there was a muted investor reaction after the company reported its third-quarter results and lowered guidance. Given investors’ non-reaction to the disappointing news, you may wonder if now is the time to buy the stock. Let’s look at four things investors should consider before jumping in and buying PepsiCo stock. 1. PepsiCo revenue came up short, and guidance was cut again Overall, PepsiCo’s Q3 results were mixed. Revenue slipped 0.6% year over year to $23.32 billion and was up 1.3% on an organic basis, which removes currency…