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Shares of Bristol Myers Squibb Co. BMY, -2.50% were down 1.9% in premarket trading on Friday after the company told investors to expect less revenue from its cancer drug Revlimid and lower adjusted EPS for the full year of 2022. Bristol had net income of $1.2 billion, or 59 cents per share, in the first […]

While the Otherdeed NFTs could be minted only in APE, it also required ETH for gas fees. 3266 Total views 20 Total shares While the community was witness to the largest NFT mint yet, Ethereum (ETH) gas prices rose to unprecedented levels, in addition to users experiencing failed transactions due to blockchain bottlenecks. Bored Ape […]

Newell Brands Inc. NWL, +0.52% reported first-quarter net income of $234 million, or 55 cents per share, up from $89 million, or 21 cents per share, last year. Adjusted EPS of 36 cents beat the FactSet consensus for 27 cents. Sales of $2.388 billion were up from $2.288 billion last year and also ahead of […]

Berkshire Hathaway Inc. BRK.A, -2.94% BRK.B, -2.55% Vice Chairman Charlie Munger underlined his opposition to a proposal that would force Warren Buffett to give up his role as chairman of the conglomerate. Backers of the proposal “have some professor somewhere who thinks American businesses run better if” the CEO and chairman roles are split in […]

Berkshire Hathaway BRK.B, -2.55% was able to quickly buy a large stake in Occidental Petroleum Corp. OXY, -3.40% during the first quarter as the market has been “a casino” to an “extraordinary degree” over the past couple years, said Berkshire chief executive officer Warren Buffett at the conglomerate’s annual meeting in Omaha on Saturday. He […]

Berkshire Hathaway Inc. BRK.A, -2.94% BRK.B, -2.55% Chairman and CEO Warren Buffett said the company would be able to preserve its culture long after he’s left the scene. Responding to a question at Berkshire’s annual shareholder meeting, Buffett, 91, said Berkshire has “a culture that a) has worked and b) has the shares and shareholders […]