Walmart, Occidental, Alibaba, Newmont, Booking, and More Stocks to Watch This Week U.S. stock and bond markets will be closed on Monday for Presidents Day. Then, earnings from Occidental Petroleum, Analog Devices, Alibaba, Booking, Newmont, and Walmart. Source link
• Fed FOMC minutes, Walmart earnings will be in focus in the holiday-shortened week ahead. • Toast, a leader in restaurant technology, is expected to deliver a strong earnings report that could propel its stock higher. • Occidental Petroleum faces significant challenges that could hamper its near-term growth, making it a stock to approach with…
A Warren Buffet company engaged in international oil trading is shutting down, Reuters has reported, noting that from now on, Pilot Co will focus on fuel retail. Citing several unnamed sources the report said Pilot Co had let almost all of its employees go and refocus on its original business in the United States. Warren…
Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) just dropped over $560 million on stocks during the December market slump, taking advantage of bargain prices. Leading the spree was an $405 million investment in Occidental Petroleum (NYSE:OXY)8.9 million new sharespushing Berkshire’s stake in the energy titan past 28%. Despite Occidental’s rough year with a 24%…
Warren Buffett finally did it. After making a monster investment in Apple (NASDAQ: AAPL) many years ago and watching it appreciate by multiples of his cost basis, the legendary investor is trimming Berkshire Hathaway‘s (NYSE: BRK.B) stake. According to filings with the SEC, Buffett has sold approximately half of Berkshire’s stake in Apple, raising around $80…