Buying health cover for elderly parents is a must

While buying health insurance cover, do make sure to select a plan that offers extensive coverage. Healthcare continues to remain a crucial lifeline for elderly citizens who need healthcare as they age. However, as per a recent tudy, over the next two decades, out-of-pocket medical costs for older adults are likely to rise significantly. Considering […]

Buffett’s Berkshire stock underperforms the most since 2009

Warren Buffett sought to reassure investors about Berkshire Hathaway Inc.’s long-term future on Saturday following an underwhelming year for the conglomerate’s performance. The 89-year-old Buffett, Berkshire’s chairman and chief executive, is renowned for his long-term success as a stock investor and deal maker. But in recent years, Berkshire’s BRK.B, +0.51% stock performance has failed to beat […]

Warren Buffett defends investments in stocks, which fuelled record Berkshire profit

Berkshire ‘fully prepared’ for his death Warren Buffett on Saturday defended Berkshire Hathaway Inc.’s decision to invest heavily in the stocks of companies such as Apple Inc, while giving new details about how Berkshire Hathaway is prepared for his death, in an annual letter to shareholders. The letter, widely read on Wall Street, came as […]

Coronavirus has slowed down elective surgeries in China, hurting device makers

Three of the world’s largest medical device makers warned investors that the COVID-19 outbreak has delayed and in some cases halted elective medical procedures — and that will likely cut into their earnings for the quarter. Boston Scientific Corp. BSX, +0.28%, Medtronic PLC MDT, -0.51% and Smith & Nephew SNN, -2.30% separately said that delays in elective […]

Will the shows go on? Coronavirus, MWC cancellation hang over tech conferences

For months, Metawave Corp. eagerly anticipated one of its most important events of the year: 20 one-on-one meetings with key business partners that would launch the San Diego-based startup’s business plans into 2020. Those meetings were set at a private suite in Barcelona, Spain, to coincide with the influential Mobile World Congress convention. When that […]

National CineMedia stock soars 16% as ‘lights-down’ ad strategy boosts earnings

National CineMedia Inc. shares soared more than 16% Friday, after the cinema advertising network operator topped earnings estimates for the fourth quarter and surprised investors with a dividend hike. Centennial, Colorado-based National CineMedia NCMI, +16.00% posted net income of $19.1 million, or 24 cents a share, up from $16.3 million, or 21 cents a share, in […]

UBI, OBC want a new name for merged entity

PNB disagrees with the proposal With Punjab National Bank (PNB), Oriental Bank of Commerce (OBC) and United Bank of India (UBI) set to merge, OBC and UBI have requested the Finance Ministry to consider a new name for the merged entity. If the Ministry agrees to the request, then this will a departure from the […]