It’s a Good Time to Buy Berkshire Hathaway Stock. Here’s Why.

It’s a Good Time to Buy Berkshire Hathaway Stock. Here’s Why.

Text size Berkshire Hathaway CEO Warren Buffett. Johannes Eisele/AFP/Getty Images Berkshire Hathaway has never been in better shape. Its stock looks appealing after pulling back more than 15% from its record high in March. The conglomerate’s operating profits were up 22% in the second quarter, excluding foreign-exchange gains, powered by a 56% gain in investment … Read more

Five Chinese Companies Say They Plan to Delist From the New York Stock Exchange

Five Chinese Companies Say They Plan to Delist From the New York Stock Exchange

Five Chinese state-owned companies said they intend to delist their American depositary shares from the New York Stock Exchange, as financial regulators in Beijing and Washington remain at loggerheads over U.S. audit requirements. In separate filings to Hong Kong’s stock exchange Friday, PetroChina China Petroleum & Chemical Aluminum Corp. of China China Life Insurance Co … Read more

Opinion: Five reasons high-flyers in the stock market will crash down to earth

Opinion: Five reasons high-flyers in the stock market will crash down to earth

It’s never boring these days. Recall that there are times when the S&P 500 goes 100 days or more without making a 1% intraday move. But big moves are the norm nowadays — and they aren’t bullish. Neither is the fact that the many of the worst of the low-quality stocks that are down still … Read more

Berkshire Now Holds 20% of Occidental Petroleum

Berkshire Now Holds 20% of Occidental Petroleum

Text size Berkshire CEO Warren Buffett has steadily accumulated Occidental stock this year. AFP via Getty Images Berkshire Hathaway now owns just over 20% of Occidental Petroleum after about $400 million in fresh purchases of the energy company in recent days, according to a filing late Monday. With a 20.2% stake, Berkshire Hathaway (ticker: BRK/A, … Read more

GE Is Building the Electricity Grid of the Future. Here’s What We Found on a Tour.

GE Is Building the Electricity Grid of the Future. Here’s What We Found on a Tour.

Text size GE wants to be a player in the electricity grid of the future. That will benefit its coming Vernova business. Brandon Bell/Getty Images NISKAYUNA, N. Y–In General Electric ’s sprawling research center here, you will find two Nobel Prizes won by GE scientists, Thomas Edison’s desk, and current research that could help create … Read more