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2 mins read

Warren Buffett plows another $1.5 billion into Occidental Petroleum — boosting his wager to $6 billion in 8 trading days

Buffett snapped up 27.1 million shares in three days this week, lifting Berkshire Hathaway's Occide…

Theron Mohamed   


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2 mins read

Warren Buffett's Berkshire Hathaway reveals a $5.1 billion stake in Occidental Petroleum

The investor's company plowed about $3.1 billion into the energy stock in three days, tripling the …

Theron Mohamed   


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2 mins read

Warren Buffett's Berkshire Hathaway sees major upside from Scripps' $2.7 billion takeover of ION Media, CEO says

"Berkshire doesn't get into these transactions to make a modest coupon," Scripps boss Adam Symson s…

Theron Mohamed   


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5 mins read

Preferred stocks supply steady dividends to investors — here's how to evaluate them for your portfolio

Preferred stock is a type of ownership in a company. Shares pay a fixed dividend that's prioritized…

John Rambow   


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5 mins read

Dividends are payments made by a company to its shareholders — here's how they work

Dividends are periodic payments made to shareholders of a company, fund, or partnership. While not …

Romona Paden   


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9 mins read

David Einhorn's Greenlight Capital Is Urging Investors To Vote 'NO' On An Apple Proposal To Eliminate Preferred Stock

We understand that many of our fellow shareholders share our frustration with Apple’s capital alloc…

Business Insider Latest Story Image
3 mins read

FPI ownership of Indian equities drops to a decadal low of 16.6% in 2023, selloff triggered by portfolio underperformance & spike in US bond yields

As legendary investor Benjamin Graham often said, Mr Market constantly buys or sells a stock based …

Business Insider Latest Story Image
3 mins read

Theron Mohamed   


Business Insider Latest Story Image
2 mins read

Warren Buffett snaps up nearly $600 million of Occidental stock in 3 days, signaling he likes the energy group's latest deal

Warren Buffett's Berkshire Hathaway bought 10.5 million Occidental shares in three days after the o…

Theron Mohamed   


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2 mins read

AMC plunges 35% on fears the meme stock will be diluted by conversion of APE units

AMC plans to convert APE shares to common stock and conduct a reverse stock split in order to raise…

Jennifer Sor   


Business Insider Latest Story Image
3 mins read

Warren Buffett may help Occidental Petroleum pay for a potential $10 billion takeover. Here's what's fueling the speculation.

Buffett-backed Occidental is reportedly among the top bidders for CrownRock, raising the prospect i…

Theron Mohamed   


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1 min read

Instacart just filed for its IPO and revealed a plan to sell $175 million in stock to PepsiCo

Instacart files prospectus, moves closer to IPO, sells stock to PepsiCo

Alex Bitter,Nancy Luna   


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2 mins read

Warren Buffett shakes off recession fears as he piles another $216 million into Occidental Petroleum stock

Warren Buffett's Berkshire Hathaway ramped up its bet on Occidental Petroleum, securing a 23.6% sta…

Theron Mohamed   


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2 mins read

'Big Short' investor Michael Burry issues 'death spiral' warning to meme-stock fans after Bed Bath & Beyond's last-ditch financing deal

Burry seems to expect the homeware retailer's new backers to repeatedly buy its shares at a discoun…

Theron Mohamed   


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7 mins read

A billionaire energy drink mogul elbowed his way into publishing Sports Illustrated — now he's lost it

5-Hour Energy founder Manoj Bhargava's chaotic takeover of The Arena Group, publisher of Sports Ill…

Jack Newsham,Jake Swearingen   


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1 min read

Bed Bath & Beyond surged 120%, then plunged as the embattled retailer secured a $1 billion fundraising deal to avoid bankruptcy

Bed Bath & Beyond shares surged as much as 120% ahead of the $1 billion fundraising deal only to dr…

Zahra Tayeb   


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2 mins read

Bed Bath & Beyond dives 50% in February – it's second-worst monthly performance ever – as the meme stock teeters on the edge of bankruptcy

February's steep decline marks the Bed Bath & Beyond stock's second-worst monthly plunge in history…

Zahra Tayeb   


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2 mins read

Warren Buffett's Berkshire Hathaway snaps up $355 million of Occidental stock, boosting its stake in the energy giant to over 22%

Buffett's company has resumed buying Occidental shares after a five-month break, and has now invest…

Theron Mohamed   


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2 mins read

What banking crisis? Warren Buffett's Berkshire Hathaway spends close to $500 million on Occidental stock in 3 days

Shrugging off fears of a market meltdown, Buffett and his team bought 7.9 million Occidental shares…

Theron Mohamed   


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2 mins read

Markets headed for time correction as most of the optimism may be misplaced

India may face fewer headwinds compared to some other developed countries but the domestic economy …