TEP Supports Extending Navajo Generating Station Operations Through 2019
Buying assets with long-term value.
Five stats from the market and the stories behind them. This week: Berkshire's buy, a boost for Costco, and more.
Investors continued their search for income in May, as the future of monetary policy came into sharp focus during the month.
With interest rates rising, will dividend yields keep utilities afloat?
Quarterly results were an improvement on prior-year earnings, though book value per share came in lower than we expected.
The diverse deals completed over the last year show Berkshire still has an appetite to put its cash hoard to work, says Morningstar's Gregg Warren.
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Berkshire's non-insurance operations continue to be an added source of stability while reinsurance operations continue to struggle.
Wide-moat Berkshire Hathaway saw solid top-line results from each of its main segments, but losses from investments, derivatives, and eliminations sent earnings lower.