Kimberly-Clark agrees to buy Tylenol maker Kenvue in a cash-and-stock deal valued at about $48.7 billion, including debt.
The FTSE 100 (^FTSE) and European indices were higher by lunchtime in London, as traders continue to look to the upcoming ...
The firm said cash and equivalents reached a record roughly $382 billion as of Sept. 30, up from about $344 billion in the prior quarter. Berkshire did not repurchase any shares during the period.
The conglomerate beat analysts' operating profit target, but there were no share buybacks over the third quarter.
Berkshire Hathaway's record cash reserves stem from soaring insurance income and stock sales in Q3, signalling a potential readiness to seize future opportunities amid market volatility.
Monday marks the first trading session of November, and CFRA's Sam Stovall has offered some things that investors worried about high valuations and other risks might want to keep in mind. Firstly, ...