Berkshire Hathaway Q2 Operating Earnings Rise To $4.6 Billion
Berkshire Hathaway Inc. late Friday said its operating earnings rose to $4.6 billion, or $2,803 a share, from $3.9 billion, or $2,367 a share, a year ago.
Berkshire Hathaway Inc. late Friday said its operating earnings rose to $4.6 billion, or $2,803 a share, from $3.9 billion, or $2,367 a share, a year ago.
Alibaba Group Holding debunked an unconfirmed report that surfaced early on Friday that it was preparing a potential bid for Netflix Inc. .
The S&P 500 and the Nasdaq Composite Index climbed to record high close on Friday as a strong jobs report restored confidence in the U.S. economy.
The rising dollar coupled with falling oil and corporate profits are a sign to review your sector exposure.
Oil futures ended slightly lower Friday, paring losses but remaining in negative territory after data showed the number of U.S. oil rigs rose for a sixth straight week.
Gold futures notched a hefty loss Friday, tumbling the most in about 2 1/2 weeks following a stronger-than-expected nonfarm-payrolls report that might provide the Federal Reserve evidence to lift benchmark interest rates sooner than later.
Crude-oil futures remained under pressure Friday after oilfield-services firm Baker Hughes reported that the number of active U.S. oil rigs rose by seven this week to 381--the sixth consecutive weekly increase.
First Hawaiian Inc's shares rose as much as 6.5 percent in their debut on Thursday, valuing the lender at $3.41 billion in the biggest initial public offering by a U.S. bank in nearly two years.
The U.S. labor market in July proved it still has room to expand – quelling worries the economic bright spot was beginning to fade.
U.S. stocks opened higher Friday, on track to erase most of their declines from earlier in the week, after a strong July jobs report painted an upbeat picture of the U.S. labor market.
Treasury prices tumbled, leading yields to rise, after the U.S. added 255,000 jobs in July, a number that exceeded expectations and was the second-straight strong gain, after June's stellar report.
Wall Street was set to open higher on Friday after robust monthly payrolls data pointed to strength in the U.S. economy.
The dollar strengthened Friday after official data showed the U.S. economy created 255,000 jobs in July, surpassing economists expectations.
Bristol-Myers Squibb Co. shares plummeted as much as 19.0% in pre-market trade Friday after the company said its non-small cell lung cancer drug did not meet its primary endpoint in a phase 3 clinical trial.
The U.S. added 255,000 jobs in July, a second straight strong gain that shows the economy is still quite healthy despite somewhat slower growth.
Protesters with the Black Lives Matter UK group on Friday shut down the roadway heading into London's Heathrow Airport and disrupted transportation in other U.K. cities, according to reports.
Apple said it plans to offer rewards of up to $200,000 to researchers who find critical security bugs in its products, joining dozens of firms that already offer payments for help uncovering flaws in their products.
The U.S. trade deficit rose to a 10-month high in June as rising domestic demand and higher oil prices boosted the import bill while the lagging effects of a strong dollar continued to hamper export growth.
U.S. employment increased more than expected in July and wages picked up, which should bolster expectations of an acceleration in economic growth and raise the probability of an interest rate hike from the Federal Reserve this year.
Two business groups sued the Obama administration on Thursday over a crackdown on U.S. companies that try to reduce their U.S. taxes by rebasing abroad in a process known as inversion.
Cyber security firm FireEye said on Thursday it planned to lay off 300 to 400 of its 3,400 workers as it announced quarterly sales below its own forecast.
U.S. employment likely increased at a healthy clip in July, with wages picking up, which should help to underpin consumer spending and boost the economy.
Oil prices dipped on Friday, ending a two-day rally, as a glut of crude and refined products weighed on markets and investors eyed a possible stutter in China's imports.
China stocks were little changed on Friday and ended the week roughly flat as worries about the economy and regulators' crackdown on speculation kept many investors on the sidelines.
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