The Fed Just Raised Rates–How To Cash In On The Hike
A quarter-point move nudged your borrowing costs higher on Wednesday. It also handed savers and a short list of sectors the best setup they have had in two years.
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A quarter-point move nudged your borrowing costs higher on Wednesday. It also handed savers and a short list of sectors the best setup they have had in two years.
Under new CEO Greg Abel, Berkshire Hathaway has concentrated 75% of its $365.2 billion equity portfolio into 8 stocks. American Express is the only one lagging the S&P 500 over the past year due to margin compression from high cardholder rewards and marketing expenses. Despite these headwinds, the article argues American Express offers compelling value at 19.7x trailing earnings for long-term investors who believe in its business model.
California Governor Gavin Newsom renewed attacks on Trump and Energy Secretary Wright over surging Iran war fuel costs.
Eni (NYSE:E) released second-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. This content is powered by Benzinga APIs. For comprehensive financial data and
Saipem has won a $350 million subsea contract for Azule Energy's West Hub Tails project offshore Angola. The work includes engineering, fabrication, and installation of 62 km of flowlines, risers, and umbilicals tied to the Agogo FPSO. The project will extend the productive life of four mature fields by rerouting production from the aging Ngoma FPSO to the newer Agogo FPSO over approximately 2.5 years.