Covid-19 vaccines are poised to become big business. Its potential to generate staggering revenue has already added billions of dollars to the market value of drug makers like Pfizer and Moderna. . That promise is also drawing scrutiny in Washington. Rising prescription drug costs are one of the few problems …
Read More »NRG to buy direct power from Centrica for $ 3.6 billion
Text size JOSH EDELSON / AFP via Getty Images Centrica’s shares soared more than 17% after it agreed to sell Direct Energy, its North American energy business, to NRG Energy for $ 3.6 billion in cash. Houston-based Direct Energy provides electricity, natural gas, and home services to consumers and businesses …
Read More »Buffett joins his bet at his favorite bank: BofA
Berkshire Hathaway now owns 981.6 million Bank of America shares worth around $ 24 billion. Houston Cofield / Bloomberg Text size Bank of America is Warren Buffett’s favorite bank. Berkshire Hathaway (ticker: BRK.B) collected 33.9 million shares last week, paying around $ 810 million, or an average price of around …
Read More »Manufacturers of Covid-19 vaccines could be heroes. But not if the price is too high
Covid-19 vaccines are poised to become big business. Its potential to generate staggering revenue has already added billions of dollars to the market value of drug makers like Pfizer and Moderna.. That promise is also drawing scrutiny in Washington. Rising prescription drug costs are one of the few problems where …
Read More »Berkshire Hathaway Inc. Cl A shares outperform the competition on a good trading day
Shares of Berkshire Hathaway Inc. Cl A BRK.A, + 0.75% It rose 0.75% higher to $ 291,621.00 on Friday, in what turned out to be a poor trading session for the stock market, with the S&P 500 Index SPX, -0.61% falling 0.62% to 3,215.63 and DIA Jones Industrial Average DJIA, …
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