By Simon Jessop LONDON (Reuters) – Veteran investor Bill Ackman said he has taken off credit market hedges and reinvested the money into new and existing stock holdings after turning “increasingly positive” on stock and credit markets. Ackman, who oversees Pershing Square Capital Management, initially took out the hedges – credit protection on investment grade […]
Russian news broadcast interrupted by war protest We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Captured Russian troops have appeared on Ukrainian TV […]
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Saturday said stock market gains fueled a record quarterly profit, while the billionaire signaled investors are undervaluing his company by repurchasing another $9 billion of its stock.FILE PHOTO: Warren Buffett, chairman and CEO of Berkshire Hathaway, takes his seat to speak at the Fortune’s Most Powerful Women’s […]
