Warren Buffett’s Berkshire Hathaway struck a $ 10 billion deal to buy Dominion Energy’s natural gas transmission and storage business. The Berkshire energy unit will pay about $ 4 billion in cash and take on $ 5.7 billion in existing debt in exchange for more than 7,700 miles of pipes, …
Read More »Dow Futures, Uber, Warren Buffett: 5 things you should know
Here are five things to know for Monday, July 6: 1. – Stock futures jump after the increase in Chinese markets Stock futures rose on Monday, picking up momentum from a surge in Chinese markets amid improving bullish sentiment. Contracts linked to the Dow Jones Industrial Average increased 356 points, …
Read More »The bull market is back for Chinese stocks
the Shanghai compound (SHCOMP) It led the markets in the region and closed with a 5.7% rise, its best single-day profit percentage since July 2015. It is now more than 20% above the recent lows in late March, the point Traditional benchmark for a bull market. the Hang seng (HSI) …
Read More »Levi Strauss, Costco, Walgreens and more shares to see this week
Text size Next week is light on both corporate earnings and economic data, but there are some economic numbers to watch. On Monday, IHS Markit releases its July Service Procurement Manager Index for July and its Composite Global PMI, while the Institute for Supply Management releases its non-manufacturing PMI. On …
Read More »Asian markets increase, with positive economic data outweighing fears of coronavirus
Asian stock markets rose on Monday as investors looked for data they hope will support optimism about a global economic recovery. Nikkei 225 NIK from Japan, + 1.82% up 1.4% and the Hong Kong Hang Seng HSI Index, + 4.10% gained 3%. The SHCOMP composed of Shanghai, + 5.71% increased …
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