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Search resuls for: "Glenview Trust"


3 mentions found


☆ Trump's 2024 presidential bid is a wrinkle du jour for markets
  + stars: | 2022-11-16 | by ( David Randall | ) www.reuters.com   time to read: +3 min
REUTERS/Octavio JonesNEW YORK, Nov 15 (Reuters) - Former President Donald Trump's entry on Tuesday into the 2024 presidential race confirmed the world's "worst kept secret" and created another variable for markets that some investors say remains a low priority for now. Trump, who has mounted relentless attacks on the integrity of U.S. voting since his 2020 election defeat, announced his bid at his Mar-a-Lago estate in Florida, seemingly with the aim of pre-empting potential Republican rivals. Trump's announcement, meanwhile, came as little surprise to investors, as the former president had telegraphed the possibility he might run again for some time. Shares of Digital World Acquisition Corp (DWAC.O), the blank-check company looking to take Donald Trump's social media venture public, fell 8.8% on Tuesday, while software developer Phunware Inc (PHUN.O), which was hired by Trump's 2020 re-election campaign to build a phone app, slid 4.7%. Both stocks rallied earlier this month on reports Trump was considering a third bid for the White House.
☆ Stone: Stocks still give the most attractive risk-reward
  + stars: | 2022-10-31 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStone: Even with the market down 20%, stocks still give the most attractive risk-rewardBill Stone, Chief Investment Officer at The Glenview Trust Company, joins Worldwide Exchange to discuss catalysts for the markets this week.
☆ Warren Buffett's 91st year marked by a huge focus on Berkshire Hathaway's energy empire
  + stars: | 2022-08-30 | by ( Yun Li | ) www.cnbc.com   time to read: +4 min
Warren Buffett turns 92 on Tuesday, having spent the past year expanding further his Berkshire Hathaway energy empire, making a classic value investor's bet. Plus, many energy stocks have found themselves with torrents of cash flow since the economy reopened following Covid lockdowns. "All of this just sounds like the perfect Berkshire Hathaway stock." If Berkshire continues to ramp up its Occidental investments and makes the position a controlling one, it probably reflects the influence of Greg Abel, Buffett's likely successor who has been leading the conglomerate's energy unit Berkshire Hathaway Energy. Berkshire acquired MidAmerican Energy in 1999, and Abel became CEO of MidAmerican Energy in 2008, six years before it was renamed Berkshire Hathaway Energy in 2014.
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