Dong Energy IPO Could Value Danish Utility at $16 Billion
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.
Noninsurance operations continue to be a source of stability, while its insurance business overall may see more meager results during the next couple of years.
Five stats from the market and the stories behind them. This week: Berkshire's buy, a boost for Costco, and more.
Buying assets with long-term value.
With interest rates rising, will dividend yields keep utilities afloat?
Investors continued their search for income in May, as the future of monetary policy came into sharp focus during the month.
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.