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Once Called A 'Big Mistake,' Warren Buffett's Precision Castparts Acquisition Sees A $2 Billion Rebound, Narrowing Berkshire Hathaway's Losses
Monday, March 31, 2025 - 3:16am | 575Read More...Warren Buffett‘s Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) revealed that Precision Castparts, an aerospace parts manufacturer it acquired in 2016, has experienced close to a $2 billion increase in value. What Happened: The Oracle of Omaha had previously labeled the acquisition a “...
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Boeing's 737 Max Woes Cast Shadow On Warren Buffett's Plane Parts Manufacturer Precision Castparts
Tuesday, January 16, 2024 - 10:47pm | 621Read More...Warren Buffett‘s Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) owns a plane parts manufacturer that could experience a significant financial setback due to Boeing Co (NYSE:BA)’s recent incidents. What Happened: Federal regulators have grounded 171 of Boeing’s 737 Max 9 aircraft...
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Is M&A Activity Slowing Down? Not At All, A New Study Shows
Monday, September 28, 2015 - 3:09pm | 1390Read More...According to Merrill Datasite, global buyouts in August featured 102 deals worth $46.9 billion, marking an increase of 89.1 percent from a year ago. North America was the dominant player in global M&A by value, with 307 deals worth $177.3 billion. The increased M&A activity at the end of...
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Barron's Recap: The 2015 Midyear Roundtable
Sunday, June 14, 2015 - 10:39am | 845Read More...This weekend in Barron's online: the Barron's midyear roundtable, high-yield bond funds with tax-free payouts, as well as the prospects for Prudential Financial, Precision Castparts, Expedia, Denny's, Smith & Wesson and more. Cover Story "Barron's Midyear Roundtable: Picking Your Spots" by...
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Markets Steady Despite Mixed Economic Data
Thursday, July 24, 2014 - 4:42pm | 2792Read More...U.S. stocks were little changed as economic data came in mixed. The Commerce Department reported that new home sales fell in the month June, while initial jobless claims came in better than expected. Investors and traders cheered positive quarterly results from Facebook and Ford, while news...
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Earnings Expectations for the Week of May 6
Sunday, May 5, 2013 - 8:33pm | 1069Read More...Many of the S&P 500 have already reported their first-quarter results, but this week will bring plenty more earnings reports. Highlights will include earnings from Walt Disney and News Corp., Green Mountain Coffee Roasters and Whole Foods Market, Anadarko Petroleum and First Solar, as well as...
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OfficeMax, Abercrombie and Other Top Performing Dividend Payers in November
Saturday, December 1, 2012 - 2:41pm | 626Read More...Here is a quick look at some of the top-performing dividend-paying stocks in the past month. These companies all have a market cap of more than $500 million, and their share prices are more than 20 percent higher than 30 days ago. Abercrombie & Fitch (NYSE: ANF) shares jumped more than 30...
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Barron's Recap: Apple vs. Samsung
Sunday, November 18, 2012 - 1:07pm | 849Read More...This weekend in Barron's online: the world's two biggest smartphone makers spar in court, and the prospects for Lear, Leucadia, Sparton and Wyndham Worldwide. Cover Story "Grudge Match" by Kopin Tan. Apple Inc. (NASDAQ: AAPL) and Samsung Electronics, the world's two biggest smartphone makers,...
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Eight Stocks Insiders Are Buying
Monday, September 12, 2011 - 6:46am | 907Read More...Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Market-driven sell-offs provide a perfect opportunity for investors who have faith in a company...
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Twelve ETFs Trading Near 52-Week Highs
Tuesday, July 12, 2011 - 6:56am | 874Read More...First Trust Consumer Staples AlphaDEX (NYSE: FXG) is up more than 20% year to date. The investment seeks results that correspond generally to the price and yield of an equity index called the StrataQuant Consumer Staples Index. Top holdings include Green Mountain Coffee Roasters (NASDAQ: GMCR),...
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Goldman Sachs Changes PT Calcualtion Methodology for the Aerospace Sector
Tuesday, June 7, 2011 - 7:15am | 392Read More...Goldman Sachs changed its methodology for calculating price targets for the aerospace sector. In a research report published today, Goldman states, "We are rolling forward our Aerospace price target methodology of target P/E multiple to 2013 from 2012... Our framework now assumes a target 2013...
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Wedbush Maintains Outperform Rating On Precision Castparts
Friday, May 13, 2011 - 8:52am | 79Read More...According to Wedbush, Precision Castparts (NYSE: PCP) Outperform rating is reiterated. Wedbush said that it is reiterating its OUTPERFORM rating and increasing the price target to $170 from $165 on further clarity on future commercial OEM shipments and power gen which is finally showing signs of a...
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Wedbush Raises PT On Precision Castparts To $170
Friday, May 13, 2011 - 7:34am | 27Read More...Wedbush Securities has raised the price target on Precision Castparts (NYSE: PCP) from $165 to $170 and maintains its Outperform rating.
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Jefferies Raises PT on Precision Castparts (PCP) to $160, Maintains Hold (PCP)
Friday, May 13, 2011 - 7:25am | 171Read More...Jefferies increased its price target on Precision Castparts (NYSE: PCP) from $140 to $160. At the same time, Jefferies maintained its rating of Hold. In a research report published today, Jefferies pointed out that strong earnings growth is not enough to raise its rating on Precision because it...
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JP Morgan Raises PT On Precision Castparts To $164
Friday, May 13, 2011 - 5:58am | 27Read More...JP Morgan has raised the price target on Precision Castparts (NYSE: PCP) from $161 to $164 and maintains its Overweight rating.
