FILE PHOTO: Vicki Hollub, President and CEO of Occidental Petroleum, speaks at the 2019 Milken Institute Global Conference in Beverly Hills, California, U.S., April 29, 2019. REUTERS/Lucy Nicholson
HOUSTON - Occidental Petroleum Corp Chief Executive Officer Vicki Hollub on Friday defended the company’s deal with Berkshire Hathaway Inc’s Warren Buffett that paved the way to winning its $38 billion acquisition of Anadarko Petroleum Corp. Hollub told shareholders at the company’s annual meeting that with the sale of preferred shares, “timing was critical.” Occidental investors criticized the investment as overly expensive because of its 8 percent annual dividend.
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Buffett says Occidental Petroleum investment is a bet on oil prices over the long term'It's a bet on oil prices over the long-term more than anything,' Warren Buffett said about Berkshire Hathaway's recent Occidental Petroleum investment. ele cortou o cabelo..........ou estou errada? parece q tirou a s laterais......,ficou bem........seu rosto ficou + proporcional........doreiiiiiiiiii.
Source: CNBC - 🏆 12. / 72 Read more »
Watch Apple CEO Tim Cook's full interview from the Berkshire Hathaway shareholder meetingApple CEO Tim Cook told CNBC how he first learned Berkshire Hathaway CEO Warren Buffett was investing in his business. From the first indnpnden to now the presidntial change is the right time for the cntry to overhaul the style of the cntry indeed today thre are prsndntial masters obout borders it is beauty of the next cntry to prdce for the cntry as well as the various probe tht are said See Bill Burr bit on trashing Steve Jobs. Cook has done less than a Jobs.
Source: CNBC - 🏆 12. / 72 Read more »
Carl Icahn takes small stake in Occidental Petroleum, amid bidding war for AnadarkoThe stake throws another heavyweight name behind a bidding war that's already captured Wall Street's attention.
Source: CNBC - 🏆 12. / 72 Read more »
Cramer Remix: Occidental Petroleum's deal with Buffett is ill-advisedJim Cramer breaks down Buffett's investment in Occidental and why he thinks the company could get a better deal elsewhere. Couldn’t agree more Mr. Cramer. Buffet is in the private loan business. He doesn’t need to make a big purchase anymore.
Source: CNBC - 🏆 12. / 72 Read more »
Berkshire Hathaway will get 'a little more liberal in repurchasing shares,' Charlie Munger saysBerkshire Hathaway vice chairman and Warren Buffett's longtime partner Charlie Munger hinted that the company will buy more of its own shares in the future.
Source: CNBC - 🏆 12. / 72 Read more »
Berkshire Hathaway Swings to $21.66 Billion First-Quarter ProfitBerkshire Hathaway won’t change much after Warren Buffett, 88, is no longer at the helm, he assured shareholders at the company’s annual meeting. Berkshire reported first-quarter net earnings of $21.66 billion. Bound to happen. You can no longer make smaller, strategic investments that can move the needle. RT : Berkshire has generated massive returns for its shareholders, but recent ...
Source: WSJ - 🏆 98. / 63 Read more »
Warren Buffett's Berkshire Hathaway buys Amazon sharesAt Berkshire Hathaway's annual shareholders meeting, Warren Buffett explains why he has been buying shares of Amazon .BernieSanders and Warrenbuffet look like twins So just why is this not white privileged? Because he is a lefty! Well yes he is pretty right actually. Amazon has been doing a pretty good job. Its indeed Amazing.
Source: CNN - 🏆 4. / 95 Read more »
Berkshire Hathaway shareholders learn what it's like to fly a plane ahead of annual meetingBerkshire Hathaway shareholders got something they had never seen experienced before ahead of the conglomerate's annual meeting: the chance to fly a fighter jet, virtually speaking. Wtf? Being a Berkshire Hathaway shareholder now sounds like one of the coolest clubs ever.
Source: CNBC - 🏆 12. / 72 Read more »
Berkshire Hathaway is looking no better than an S&P 500 Index fundThe things that make Warren Buffett’s investment vehicle special are slipping away, but no one will mention it during this weekend’s annual meeting. Special? Berkshire hasn’t paid their shareholders since 1967 and people thought it was special? 😂 What’s wrong with an S&P 500 index that grows at 15-20% Works for me.
Source: MarketWatch - 🏆 3. / 97 Read more »
5 things Berkshire Hathaway shareholders want to know from Warren Buffett at the annual meetingThis guide breaks down these issues to help better navigate the hoopla surrounding this year's 'Woodstock for Capitalists.'
Source: CNBC - 🏆 12. / 72 Read more »