Berkshire Hathaway by Warren Buffett (BRK.A) – Get report (BRK.B) – Get report holding company took a stake in Barrick Gold Corp. (GOLD) – Get report, while issuing or reducing holdings in shares of financial companies in the quarter ended July 1, according to a submission to the Securities and …
Read More »GLOBAL MARKETS-Stocks dip on tight data; oil falls
* China, US data miss expectations * Travel shares plummet on UK quarantine movement * Review for US-China trade plan scheduled for Saturday * Graph: Global FX Rates in 2020 tmsnrt.rs/2RBWI5E (Updates pricing, changes comment, dateline; previous LONDON) By Rodrigo Campos NEW YORK, Aug 14 (Reuters) – Shares dip on …
Read More »Buffett’s Berkshire buys gold miner Barrick, beats Wells Fargo and JPMorgan, dumps Goldman stake amid coronavirus
Warren Buffett’s Berkshire Hathaway Inc. BRK.A, -0.58% BRK.B, -0.48% redeemed more than a quarter of its stake in Wells Fargo & Co. WFC, + 1.11% and about 61% of its position in JPMorgan Chase JPM, + 0.03%, while taking on a new position at Barrick Gold Corp. GOLD, -0.55%, according …
Read More »GLOBAL MARKETS World equities are falling as data points to sluggish economic recovery
* Data from China lacks expectations * Travel shares plummet on UK quarantine movement * Treasury revenue remains high after 30-year auction * Graph: World FX Rates in 2020 tmsnrt.rs/2RBWI5E By Tom Arnold LONDON, Aug 14 (Reuters) – Global equities dipped on Friday as eurozone data did not bode well …
Read More »Gold price lower on the day as US retail sales disappoint in July
Editor’s note: Keep up to date with our quick summary of today’s must-read news stories and expert advice moving the precious metals and financial markets. Sign up here! (Kitco News) Gold prices fell backwards less than expected July retail sales data. U.S. retail sales rose 1.2% in July after an …
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