Investing.com -- Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) is set to file its latest 13F with the SEC after the close of trading today. With it, Buffett is expected to reveal a new mystery stock position he has been building a multi-billion-dollar stake in. In last quarter’s 13F, Berkshire disclosed: “Confidential Treatment Requested. (The Manager has omitted from this public Form 13F ...
Investing.com -- Royal Bank of Canada and Bank of Montreal are considering selling their jointly owned payments processor, Moneris, in a deal that could fetch as much as $2 billion, according to Reuters, citing people familiar with the matter. The move comes as the banks weigh options for the business they founded together in 2000. Moneris is one of Canada’s largest payment processors, handling ...
By Nathan Gomes (Reuters) -Deere & Co reported a drop in third-quarter profit on Thursday and warned of a bigger tariff hit than previously expected, sending shares of the farm-equipment maker down 7% in morning trade. U.S. President Donald Trump’s sweeping tariffs have impacted companies across sectors, especially the manufacturing and industrial firms that rely significantly on imported ra ...
Investing.com -- S&P Global Ratings has upgraded Rolls-Royce PLC to ’BBB+’ from ’BBB’ with a stable outlook, citing sustained improvements in profitability and cash flow generation. The rating agency expects Rolls-Royce’s free cash flow to increase to approximately £3.0 billion in 2025 from £2.6 billion in 2024. The company already generated £1.6 billion in free cash flow during t ...