NYSE:AXP - New York Stock Exchange, Inc. - US0258161092 - Common Stock - Currency: USD
Warren Buffett's Berkshire Hathaway on Saturday posted its third straight record annual operating profit, bolstered by large increases in underwriting earnings and investment income in its insurance businesses. Operating profit rose 27% to $47.44 billion in 2024 from $37.35 billion a year earlier. Fourth-quarter operating profit also set a record, rising 71% to $14.53 billion, or about $1,010 per Class A share, from $8.48 billion a year earlier, reflecting gains in its insurance operations and from foreign currency changes.
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The Oracle of Omaha has $180 billion collectively invested in four brand-name companies with well-defined competitive advantages and phenomenal capital-return programs.
CNBC's Jim Cramer on Wednesday challenged the notion that today's market is following a cohesive business cycle.
Berkshire Hathaway, Apple, American Express, Visa and Coca-Cola are part of the Zacks Value Trader article.
According to a Barron’s report, the CFO also said that the strength of the U.S. dollar is a headwind to the firm’s growth, noting that the dollar is a bit stronger now than in late December.
Keefe Bruyette says American Express (AXP) presented at a conference and provided incremental guidance around Q1, while maintaining continued co...
U.S. credit card giant American Express said on Friday it had identified approximately 30 consumer accounts last year that might have been tied to the government of Iran.
CNBC's Jim Cramer reviewed recent market action as earnings season stretches on.