Warren Buffett has been making a massive bet on oil stocks this year. Berkshire most recently bought another 6 million shares of Occidental, and now holds 20.9% of its outstanding shares. Here's a closer look at why he's buying Occidental and whether that makes it a good oil stock for other investors to add to their portfolios.
Discover how ZWS achieved significant sales growth, margin expansion, and strategic capital allocation in the first quarter of 2024.
Despite a cyberattack disruption, HCSG maintains strong Q1 results and optimistic forecasts for 2024, underpinned by strategic growth initiatives and robust cash collections.
Explore key financial outcomes and strategic discussions from CME Group's first-quarter earnings call.
Q1 2024 Blue Foundry Bancorp Earnings Call
Amidst market challenges, Thermo Fisher posts strong Q1 results and optimistic full-year guidance, driven by strategic market executions and global economic stimuli.
Discover how Weatherford International PLC achieved significant financial growth and strategic milestones in the first quarter of 2024.
WAB reports a significant increase in sales and earnings, with a strong focus on operational efficiency and future growth strategies.
Explore IPG's performance with insights on organic growth, EBITDA margins, and strategic directions for 2024.
Explore key financial outcomes and strategic discussions from Silicon Laboratories' first quarter of 2024 earnings call.
Russia's second-largest bank VTB reported a 17% drop in first-quarter net profit to 122.4 billion roubles ($1.33 billion), CFO Dmitry Pyanov said, but expects to make record profits in 2024 as net fee and commission income continues growing. VTB made a record 432.2 billion roubles in 2023, rebounding from a sanctions-induced loss of 667.5 billion roubles the year before, but still expects to surpass that total in 2024.
Explore the detailed financial outcomes and strategic directions discussed in Synchrony Financial's first quarter earnings call.
74-year-old Ann Mayers robbed a bank in Fairfield, Ohio on April 19. Police say Mayers planned out several details of the crime and threatened the employees with a loaded gun. Mayers was a possible scam victim and was acting out of desperation.
Despite a revenue dip, Hasbro reports strong margins and cash flow improvements, with promising developments in digital and consumer products.
Manhattan's District Attorney wants to meet with YouTube's CEO to discuss why the website allows the posting of videos on how to manufacture "ghost guns" and why its algorithm is pushing them to underage viewers who watch video game content.
Explore key financial outcomes and strategic discussions from Bunge Global SA's first quarter of 2024 earnings call.
PEB exceeds Q1 financial forecasts with robust urban growth and strategic capital investments, setting a positive tone for 2024.
The top court will hear arguments on Thursday in a case that could redefine presidential power.
Explore the detailed financial outcomes and strategic directions shaping Navient Corp's trajectory in the first quarter of 2024.
The London Stock Exchange Group said on Thursday its first quarter growth was in line with plans as products from its partnership with Microsoft are due to be rolled out in the first half of 2024, as expected. LSEG said total income, excluding recoveries, in the first quarter was 2.089 billion pounds ($2.61 billion), with gross profit of 1.893 billion pounds, in line with analysts' consensus compiled by LSEG. LSEG was "confident of continued growth and improving profitability", adding that it was on track to meet all financial guidance provided during its November 2023 Capital Markets Day.
The supermarket giant reported a better-than-expected 1.6% rise in underlying pre-tax profits to £701 million for the year to March 2.
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