World’s biggest retail chain, Wal-Mart Stores Inc. (NYSE: WMT) announced on Monday that it will soon introduce a prepaid card in partnership with American Express Company (NYSE: AXP), a move which would allow its low income consumers to access services such as smartphone deposits.
Continue reading Wal-Mart and American Express To Introduce Prepaid Card Deal (WMT, AXP)
Pier 1 Imports (NYSE: PIR) reported on Thursday that its fiscal second-quarter earnings climbed 58% as decorative home furnishings and gifts retailer’s sales soared even as it received income tax benefit.
Warren Buffett’s investment company Berkshire Hathaway Inc. (NYSE: BRK.A) reported a decline in its second-quarter earnings due to a loss on its derivative holdings.
Continue reading Berkshire Hathaway Q2 Earnings Drop (BRK.A)
Warren Buffett’s investment company Berkshire Hathaway (NYSE: BRK.A) has agreed to acquire 63 newspapers from Media General Inc., making it BRK.A’s largest foray into newspapers.
Continue reading Berkshire Hathaway Acquires 63 Newspapers from Media General (BRK.A, GM, WMT)
Billionaire investor Warren Buffett said in an interview this week that Berkshire Hathaway Inc. (NYSE: BRK.A) is adding to its shareholdings of two companies amid the market dip. Buffett also forecast record results for Berkshire’s largest non-insurance businesses.
Continue reading Warren Buffett is Buying Amid Market Dip (BRK.A, WMT, AVP)