Before billionaire investor Warren Buffett takes the stage at Berkshire Hathaway's annual meeting on Saturday, investors may want to scoop up some of his stock, according to CFRA. In addition to a Q-and-A session with the 93-year-old Oracle of Omaha, the company will release its first-quarter financial results Saturday...
Shari Redstone, chair of Paramount Global, attends the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on Tuesday, July 11, 2023.David A. Grogan | CNBCSkydance Media is prepared to walk away from its offer for Paramount Global unless it receives a firm commitment from controlling shareholder...
Pavlo Gonchar | Lightrocket | Getty ImagesAmgen's stock rose more than 12% on Friday after the drugmaker teased positive initial data on its experimental weight loss injection. That fueled investor concerns about new competition in the rapidly growing weight loss drug industry, sending shares of the current obesity players, Novo...
Check out the companies making headlines before the bell. Hershey — Shares of the chocolate confectionary maker added about 1% after Hershey posted a first-quarter earnings beat. The company reported adjusted earnings of $3.07 per share, which came above the $2.76 per share analysts polled by LSEG had expected....
The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, reversing a trend of robust job growth that had kept the Federal Reserve cautious as it looks for signals on when it can start cutting interest rates.Nonfarm payrolls increased by 175,000 on the month,...
A Turkish national flag, left, and a flag bearing the portrait of Kemal Ataturk, founder of the modern Turkish republic, hang from the exterior of a building in the Sisli district of Istanbul, Turkey, on Monday, Aug. 29, 2022.Bloomberg | Bloomberg | Getty ImagesTurkey's inflation accelerated to 69.8% annually...
Lionel Bonaventure | AFP | GettyImagesCredit Agricole, France's second-biggest listed bank, posted a forecast-beating 55% jump in first-quarter net profit on Friday, helped by corporate and investment banking sales that outperformed rivals.Net profit in the January to March period rose to 1.9 billion euros ($2.04 billion), above the 1.48...