OMAHA, Neb., May 05, 2025--First paragraph, second sentence of release should read: On May 4, 2025, Berkshire’s Board of Directors voted unanimously to appoint Greg Abel to become Berkshire’s President and CEO effective on January 1, 2026 (instead of On May 4, 2026, Berkshire’s Board of Directors voted unanimously to appoint Greg Abel to become Berkshire’s President and CEO effective on January 1, 2026).
The mean of analysts' price targets for Howard Hughes Holdings (HHH) points to a 34.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Investing.com -- Sunoco LP (NYSE:SUN) announced it will acquire Parkland Fuel Corporation (TSX:PKI) in a cash-and-equity deal valued at approximately $9.1 billion, including debt, marking one of the largest North American fuel distribution transactions in recent years. The deal unites Sunoco’s U.S. infrastructure with Parkland’s Canadian retail and refining assets, creating the largest independent fuel distributor in the Americas.
Deutsche Bank and Caesars Entertainment are part of the Zacks Bull and Bear of the Day article.
↘️ Berkshire Hathaway (BRK.B), (BRK.A): The conglomerate's stock fell more than 6% after Warren Buffett said he plans to step down as chief executive at year-end. He will be succeeded by Greg Abel. ↘️ Warner Bros.
Shares of Warren Buffett’s Berkshire Hathaway (BRK.A) fell Monday morning, two days after Buffett announced that he will retire as CEO at the end of the year.
Shares of U.S. studios and entertainment companies dropped Monday, after President Trump called for a 100% tariff on movies produced overseas. Warner Bros. Discovery stock recently stood 2.7% lower. The company is behind this year’s highest-grossing film, “A Minecraft Movie,” which was partly filmed in New Zealand and Canada.
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Berkshire Hathaway’s Class B shares fall after Warren Buffett says he’ll be stepping down as CEO at the end of the year, Microsoft kicks off Monday as the largest U.S. company by market cap, Netflix falls as President Donald Trump says he authorized a 100% tariff on films produced overseas. Palantir Technologies, meanwhile, is scheduled to report quarterly earnings later Monday.
Canada's Parkland is selling after losing a bitter proxy fight to billionaire Kyffin Simpson.