Warren Buffett released his annual letter to shareholders on Saturday, reaffirming his preference for stocks over cash despite Berkshire Hathaway’s massive cash reserves. He also praised his successor, Greg Abel, highlighting his ability to identify investment opportunities and drawing comparisons to the late Charlie Munger. Source link
Mumbai: BSE’s shareholders would get two bonus shares for every share held. In an exchange filing on Tuesday after trading hours, the bourse said the board had approved the bonus shares as on the record date. BSE said it would inform the record date soon. Bonus shares are additional shares that companies give to existing … Read more
The funding of the acquisition through LPL’s existing cash reserves, while being an indicator of its strong financial position, would, on the other hand, largely wipe out its cash reserves. Synopsis Dr Lal PathLabs (LPL), India’s largest diagnostics player by revenue and presence, is slated to become bigger with the acquisition of Suburban Diagnostics, which … Read more