Tag: Diversified Holding Companies

Are your retirement savings on track? These benchmarks can help determine where you stand.

As you save for retirement, it’s beneficial to know how much to save and whether you’re on the right track. Everyone’s situation is different, of course, but there are some useful retirement benchmarks that can give you a sense of how you’re doing to reach your goals. After comparing your numbers to the benchmarks, you can then work […]

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Corporate profits are hitting record highs, but earnings expectations may still be too low

Expectations for the corporate earnings reporting season that kicks off in the week ahead have already increased by a record amount, but it still might not be enough. After profit for the S&P 500 index companies SPX, +1.13% jumped 52% to a record high in the first quarter of 2021, analysts have been jacking up […]

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Opinion: Meme stock investors are bringing AMC and other troubled companies back to life

During the takeover battles of the 1980s, the term “white squire” designated a significant bloc shareholder that management enlisted to deter or defeat unwanted bids for corporate control. For example, Warren Buffett’s Berkshire Hathaway and Lazard Freres’ Corporate Partners were white squires. In proxy contests nowadays, management cultivates its quality shareholders (those that are long-term and focused) […]

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Geico will use AI to speed up car repairs

Geico, the nation’s second-biggest auto insurer, will try to speed up vehicle repairs for its policyholders by running photographs of damaged vehicles through artificial-intelligence software. Berkshire Hathaway Inc. BRK.B, -0.23% -owned Geico will offer the quick-estimate process in partnership with Tractable Ltd., said Alex Dalyac, chief executive and founder of the London-based technology firm. Tractable […]

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