Billionaire Warren Buffett’s Berkshire Hathaway quadrupled its stake in Apple during the fourth quarter. Last year, Apple shares slumped 30% from its prior record back in 2015, but are now up 17% year-to-date, as the stock reached a record high earlier this week.
Day: February 25, 2017
Related Article: What Buffett, Icahn and Other Billionaire Investors Are Buying in the Trump Era
Warren Buffett, Carl Icahn, David Einhorn, Dan Loeb and Bill Ackman have been making some major investment moves in recent months, as revealed in regulatory filings with the Securities and Exchange Commission this week. They’ve invested millions, if not billions, of dollars in companies like Apple , Herbalife , Chipotle and Goldman Sachs .
Callaway Golf Has Created Its Most Epic Driver Yet
Nowadays, you almost need a degree in mechanical engineering to understand the new technology baked into golf equipment. And that sort of stinks as we all simply want to know if a hot new club will make us a better player, somewhat instantly.
A Trump voter’s message to retailers: – Keep your mouths shut about our president’
Rachel Veazey of Cleveland, Tenn., is showing her support for President Trump by returning clothes to, and refusing to shop at TJ Maxx – though it’s hard to resist the allure of its deals. “I’m just going to do a little bit of business,” the 77-year-old says as she walks into Neiman Marcus at the Tysons Galleria in Northern Virginia and asks for the manager.
Royal Bank of Canada Reviews Asia Wealth Business After Changes
Royal Bank of Canada has undertaken a strategic review of its Asian wealth operations following management changes in the region, Chief Executive Officer David McKay said. McKay declined to say whether the Toronto-based bank is seeking a buyer for the business, though previous retreats in international wealth management have come after reviews were initiated.
Myanmar police blame grudge, not army, for lawyer’s murder
Myanmar Deputy Home Affairs Minister Gen. Kyaw Swe talks to journalists during a press conference in Yangon, Myanmar Saturday, Feb.25, 2017.
Apple’s Oscar Moment Is Coming
Amazon made history this year as the first internet company to score an Oscar nomination for Best Picture, but it could soon be overtaken by Apple. Amazon is the upstart to break into the Best Picture category at this year’s Oscars, but Apple ‘s year is coming, Loup Ventures wrote in a note released on Friday.
Malaysia Warns North Korea to Cooperate With Investigation
Malaysia said Saturday that it would issue an arrest warrant for a North Korean diplomat if he refuses to cooperate with the investigation into the deadly attack on North Korean ruler Kim Jong Un’s exiled half brother. The investigation has unleashed a serious diplomatic fight between Malaysia and North Korea, a prime suspect in the Feb. 13 killing of Kim Jong Nam at Kuala Lumpur’s airport.
Why Intel and Samsung’s Latest 4G Modem Launches Should Make Qualcomm a Little Nervous
This column originally appeared on Feb. 24 on Real Money, our premium site for active traders. Click here to get great columns like this.
The Idiot’s Guide To Networking, No Work Experience Required
What can you possibly talk about when you’re only in an entry-level job-or looking for one? Wrong question. Long before you enter the workforce, you’re told over and over again that you need to network.
Will a twelve-sided one pound coin beat the fakers?
The Royal Mint is already striking them – it has stockpiled 500 million of them – and has been showing them off to the BBC’s Simon Gompertz
Time Warner to Sell TV Station Amid AT&T Merger
“Time Warner Inc. agreed to sell its Atlanta television station to Meredith Corp. for $70 million,” confirms the Wall Street Journal , “removing a significant factor that could have prompted the Federal Communications Commission to review Time Warner’s $85 billion sale to AT&T Inc.” New FCC Chairman Ajit Pai has yet to say whether he plans to have the agency review AT&T’s mega-purchase. As of press time, he has also declined to remark on what impact the Atlanta station sale might have on any possible FCC review.
Net Neutrality: Tech’s Next Big Fight?
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The Trump team may have gone even further to knock down news…
White House officials allegedly sought to recruit congressional lawmakers and the US intelligence community to help throw cold water on stories about communications between Russia and people in President Donald Trump’s inner circle. According to a Washington Post report published Friday evening, some of those lawmakers were asked by the White House to talk to reporters and refute stories from The New York Times and CNN that alleged frequent communication between Trump allies and the Kremlin before the election.
‘There is a word for that line of thinking: “un-American”‘ – …
‘There is a word for that line of thinking: “un-American”‘ – Jake Tapper slams White House for barring press from briefing CNN anchor Jake Tapper offered a two-minute take on the Trump administration on Friday after some news organizations were kept out of a press briefing. This is a “White House that has had some difficulty telling the truth and has seemed to have trouble getting up to speed on the basic competent functioning of government,” Tapper said.
China Box Office: ‘Resident Evil: The Final Chapter’ Debuts to Massive $33M
Beijing-based Leomus Films, the local marketing partner on the release, are now forecasting $85 million for the full weekend. Sony’s Resident Evil: The Final Chapter has opened to an enormous $33 million on its first day in China.
Helicopter crashes near New Jersey apartment complex
Police and fire officials remain at the scene of helicopter that crash-landed in the parking lot of Chatham Village Apartments in Chatham, N.J., Friday, Feb. 24, 2017. The FAA says the helicopter, a Robinson R44, is registered to a Delaware address.
Just what is LTE-U? And can it coexist peacefully with WiFi?
This spring, cellphone carriers such as T-Mobile plan to start supporting a new kind of mobile data. Known as LTE-U, the technology may result in a faster, smoother mobile experience.