SRINAGAR: As panic-gripped people queued outside petrol pumps across Kashmir, the administration on Saturday ordered rationing of fuel, citing low stocks due to persistent closure of the Srinagar-Jammu highway. “The divisional administration in Kashmir has stated that rationing of fuel in the division has been ordered because of shortage of stocks having resulted from persistent […]

Warren Buffett released his annual letter to shareholders on Saturday, and in it he said that his Omaha-based conglomerate, Berkshire Hathaway, planned to buy back more of its stock. Buffett wrote it’s likely, over time, that “Berkshire will be a significant repurchaser of its shares, transactions that will take place at prices above book value […]

Lowe’s CEO Marvin Ellison can draw on his many years of retail experience. Not only has the longtime executive held plenty of leadership positions over the course of his career, but he also knows what it’s like to work as a store employee at places like Target. Read more: Lowe’s CEO explains why millennials aren’t […]

Warren Buffett‘s Berkshire Hathaway is betting on companies like Apple, Goldman Sachs and American Express for the long run, the “Oracle of Omaha” said in his annual letter to shareholders released Saturday. The letter showed Berkshire’s investment in Apple was worth more than $40 billion in terms of market value at the end of 2018. […]

Sticking to a long-term investing strategy is simple, but not easy. It usually requires years of experience to learn how to suppress emotions (as best as possible) and not follow the whims of the crowd. When a stock collapses on one bad earnings report, perhaps that’s a screaming opportunity to start or add to a […]

(Reuters) – Sinking stocks and deteriorating prospects from an investment in Kraft Heinz Co pummeled the bottom line of Warren Buffett’s Berkshire Hathaway Inc, which on Saturday reported a huge quarterly net loss even as operating profit soared. FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, plays bridge as part of the company annual […]

Last year, Geron‘s (NASDAQ:GERN) stock ripped higher in anticipation of Johnson & Johnson‘s (NYSE:JNJ) continuation decision revolving around the duo’s experimental blood cancer drug imetelstat. However, the biotech’s shares promptly gave back all of these annual gains — and then some — when J&J decided that imetelstat didn’t fit into its long-term plans.  Geron’s epic […]

National Holdings Co. (NASDAQ:NHLD) major shareholder Daniel Asher purchased 878,932 shares of National stock in a transaction dated Tuesday, February 12th. The shares were acquired at an average cost of $3.25 per share, for a total transaction of $2,856,529.00. The transaction was disclosed in a filing with the SEC, which is available through this link. […]

On the heels of its strong fourth-quarter financial results, Chipotle‘s (NYSE:CMG) shares have surged 40% in 2019. Yet even with the stock already up sharply so far this year, plenty of gains may still lie ahead for the popular Mexican-style restaurant chain. Here’s why. Image source: Getty Images. New menu items By appealing to new customer […]