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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As Sadiq Khan waited to deliver his victory speech on Saturday after clinching a record third term as London’s mayor, he shifted uneasily from one foot to the other. The veteran Labour politician had come
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT OMAHA, Nebraska — Warren Buffett’s Berkshire Hathaway cut its gigantic Apple stake in the first quarter as the “Oracle of Omaha” continued to downsize his one-time favorite bet. In its first-quarter earnings report released Saturday, Berkshire Hathaway reported that its Apple bet was worth $135.4
In this article 2875.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Wako Megumi | Istock | Getty Images Company: Toyo Suisan Kaisha (2875.T) Business: Toyo Suisan Kaisha and its subsidiaries produce and sell food products in Japan and internationally. The company operates through the following segments: Seafood, Overseas Instant Noodles, Domestic Instant Noodles, Frozen and Refrigerated
All markets rallied on the weaker jobs data, leading municipals to see yields fall up to eight basis points on what typically is a quiet Friday session, following a better-performing U.S. Treasury market. Equities closed in the black. The softer-than-expected April employment report led to some analysts believing this could put rate cuts back on
Oklahoma’s list of investment banks determined to be “boycotting” the fossil fuel industry expanded with the addition of Barclays, making it ineligible for state and local government contracts, State Treasurer Todd Russ announced Friday.  Barclays joins Bank of America, JP Morgan, and Wells Fargo, which were placed on the list last year under the state’s
Hawaii Gov. Josh Green failed to convince lawmakers to consider legislation that would have allowed struggling Hawaii Electric Co. to issue bonds backed by a rate increase. Senate Bill 2922, introduced by Senate Commerce and Consumer Protection Chair Jarrett Keohokalole, would have allowed HECO to issue up to $2.5 billion in low-interest bonds, if it
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Warren Buffett tours the floor ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, NE. David A. Grogan | CNBC When Warren Buffett kicks off Berkshire Hathaway‘s annual shareholder meeting on Saturday, the absence of Charlie Munger will be on everyone’s mind. Some 30,000 rapt shareholders are descending on Omaha for what’s been called
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak’s Conservatives were on the rack on Friday after the party was trounced by Labour in the Blackpool South parliamentary by-election and faced huge losses in local elections across England and Wales. Sir Keir
Municipals were slightly firmer Thursday as U.S. Treasury yields fell and equities were better to close the session. Municipal bond mutual funds saw another week of inflows as investors added $515.5 million for the week ending Wednesday after $200.3 million of inflows the week prior, according to LSEG Lipper. High-yield funds also saw inflows to
Federal funding programs that rely on public private partnerships and championed by the Department of Transportation are pushing municipalities into hard comparisons of P3’s to traditional bond offerings.   “The amount of time that I spent on bond issuance was about twenty minutes spent signing the paperwork and maybe ten minutes with the CFO telling me