Latest Updates Around The World
Berkshire Hathaway Inc. (NYSE:BRK) unveiled a leadership transition plan as Gregory E. Abel steps into the role of CEO and promises to maintain the conglomerate’s long-standing culture and capital discipline. “Warren is obviously a very difficult act to follow,” says Abel wrote in the company’s annual report. Revenue snapshot Fourth quarter operating income was $10.2 […]
Liquor magnate Mike Repolewho sold Glaceau and BodyArmor to Coca Cola Co. (NYSE:KO) for nearly $10 billion, warns that entrepreneurship is much riskier than most success stories suggest. Repole warnings against startup risks Repole, 56, said in an interview with the School of Hard Knocks, a social media channel featuring successful entrepreneurs, that he often […]
The market’s reaction to early corporate earnings this quarter was unusual, revealing an interesting disconnect between financial performance and investor reaction. Traditionally, when companies exceed earnings per share expectations, their stock prices tend to rise. Yet this earnings cycle tells a different story. Read next: Latest Beyond Meat short-seller? Martin Shkreli, of course Companies that […]
