Warren Buffett (Trades, Portfolio)’s annual letter to shareholders of Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) was released last weekend, and as usual, Wall Street has spent the last few days dissecting the letter for any guidance and tips from the Oracle of Omaha on investing and strategy.
Buffett’s letter to investors has become somewhat of a yearly investment bible for value....More>>>
Athletic apparel stock Lululemon Athletica inc (NASDAQ: LULU) reported Q2 2017 earnings after the Thursday market close with results toppingexpectations as online sales surged 30% after an effort to beef up the eCommerce strategy plus the Company raised its outlook. Net revenuegrew 13% to$581.1 millionas total comparable sales increased 7% and comparable store sales increased 2%, or increased by....More>>>
Small cap dieting stock Weight Watchers International, Inc (NYSE: WTW) reported Q2 2017 earnings after the Thursday close with shares surging 14% in after hours trading as results were helped by its Oprah Winfrey-fueled marketing and updated diet program. The Company has been mounting a turnaround since Oprah bought a stake in the Company in 2015 and also agreed to pitch the brand.
Stocks finished mixed today, with the Nasdaq Composite closing at its fourth consecutive new high but the Dow Jones Industrial Average remaining mired below 20,000.
The S&P 500 finished little changed at 2,268.90 today, while the Dow Jones Industrial Average dipped31.85 points, or 0.2%, to 19,855.53. The Nasdaq Composite rose 0.4% to 5,551.82.
It was the Nasdaq’s....More>>>
To the Shareholders of Berkshire Hathaway Inc.:
Berkshire (NYSE:BRK.A)(NYSE:BRK.B)’s gain in net worth during 2016 was $27.5 billion, which increased the per-share book value of both our Class A and Class B stock by 10.7%. Over the last 52 years (that is, since present management took over), per-share book value has grown from $19 to $172,108, a rate of 19% compounded annually.*