Delta predicts 90% revenue decline; Berkshire Hathaway sells nearly 13 million shares

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Shares of Delta Air Lines Inc. fell more than 8% in the extended session Friday after the airline said its second quarter will be "even more difficult than the first" and Warren Buffett's Berkshire Hathaway Inc. disclosed it.....»»

Kevin Lamarque/Reuters Warren Buffett's Berkshire Hathaway sold nearly $390 million worth of shares in Delta Air Lines and Southwest Airlines thi.....»»

Berkshire Hathaway Sells Another 1.6 Million Sirius XM Holdings Shares.....»»

Berkshire unit National Indemnity paid $265.2 million for 5.4 million more shares of the airline. Berkshire now owns more than 10% of Delta stock across its units......»»

Warren Buffett’s Berkshire Hathaway just received a  dividend check for $168 million dollar from Coca-Cola. Berkshire Hathaway owns 400 million shares of Coca-Cola (KO), which are projected to generate $672 mil.....»»

Shares of Texas Roadhouse Inc. were flat in after-hours trading Thursday after the restaurant chain reported fiscal fourth-quarter results. Texas Roadhouse reported net income of $19.5 million, or 28 cents a share, compared with .....»»

BNSF's first-quarter net profit fell 5% amid a 6% decline in revenue, according to Berkshire Hathaway, Inc. (NYSE: BRK-A), BNSF's parent company. BNSF's net earnings for the first quarter of 2020 were $1.19 billion.....»»

Las Vegas Sands Corp. shares rose 3.8% in the extended session Wednesday after the company reported a 51.1% decline in revenue amid the COVID-19 pandemic. The company reported a first-quarter net loss of $51 million, or .....»»

Dimitrios Kambouris/Getty Images Warren Buffett's Berkshire Hathaway sold about $30 million worth of Bank of New York Mellon stock this week. The billionaire investor's company flogged close to 860,000 BNY Mellon shares for ab.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Warren B.....»»

Warren Buffett's Berkshire Hathaway Inc said on Friday it has sold some of its stake in Delta Air Lines Inc ......»»

Delta is losing $50 million in cash each day due to fallout from the coronavirus pandemic, and it projects year-over-year revenue to fall by $10 billion for the June quarter — an 80% reduction. CEO Ed Bastian provided Atlanta-based Delta Air Line.....»»

Delta is losing $50 million in cash each day due to fallout from the coronavirus pandemic, and it projects year-over-year revenue to fall by $10 billion for the June quarter — an 80% reduction. CEO Ed Bastian provided Atlanta-based Delta Air Line.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) trimmed its stake in Apple Inc. (NASDAQ: AAPL) by 37 million shares in the fourth quarter of 2019, acc read more.....»»

Arista Networks Inc. shares were down 3% in after-hours trading Thursday after the cloud-networking provider reported fourth-quarter revenue that dropped from a year ago. Arista reported net income of $260.7 million, or $3.25 a share, in the quarte.....»»

Berkshire Hathaway, owner of the Greensboro News & Record and the Winston-Salem Journal, announced it will sell its newspaper holdings to Lee Enterprises (NYSE: LEE) for $140 million. The deal does not include any of BH Media's real estate holdings......»»

Warren Buffett's Berkshire Hathaway Inc agreed to sell its newspaper business to Lee Enterprises Inc for $140 million in cash, abandoning an industry the billionaire investor had long defended even as its financial prospects deteriorated......»»