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Billionaire Warren Buffett Sold 26% of Berkshire's Stake in Bank of America and Is Piling Into a Financial Juggernaut That's Soared 33,000% Since Its IPO

The Motley Fool

This selling activity has been particularly pronounced among his company's top investment holdings, including money-center colossus Bank of America (NYSE: BAC). Since July 17, Buffett's company has disclosed 16 separate Form 4 filings concerning Bank of America. since January 1871.

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PE-led consortium to take Hong Kong’s ESR Group private in $7.09bn deal

Private Equity Wire

The offer price of HK$13 per share underscores the consortium’s confidence in the real estate company as China seeks to recover from a severe property market downturn, which has led to a 60% decline in ESR’s stock value since its February 2021 peak. The consortium stated that 51.2% per share.

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Does Alphabet's Dividend Mean Anything to Investors?

The Motley Fool

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is making a move it has long avoided -- initiating a dividend. The stock will now pay shareholders $0.80 However, most companies with the largest market caps are now tech companies, and most tech stocks have followed the lead of mature companies in other industries and offered a payout.

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Why SoFi Stock Skyrocketed 47% in November

The Motley Fool

The online bank gave investors renewed confidence in its loan segment along with an excellent third-quarter report at the end of October. Everything is finally going right SoFi has been a volatile stock since its initial public offering (IPO) a few years ago.

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This Is How Banks Make Their Money

The Motley Fool

But what about banks? Banks are a different kind of business, and there are even different kinds of banks that go well beyond the basic local branch offering savings and checking accounts to the community. According to the most recent Spend Report from the Financial Health Network, banks collected a total of $37.5

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Will Visa Be a Trillion-Dollar Stock by 2035?

The Motley Fool

Fans may not realize that once upon a time, Visa was the credit card arm of Bank of America , and it was spun off with its own initial public offering (IPO) in 2008. When you shop, Visa is the gateway for your bank to transfer funds to the store. Visa currently has a market cap of $560 billion.

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Warren Buffett's New Favorite Stock to Buy -- a 7,000%-Gainer Since Its IPO -- May Be Wall Street's Newest Stock-Split Stock in 2025

The Motley Fool

Since the midpoint of July 2018, Buffett has purchased almost $78 billion worth of Berkshire Hathaway stock , which is far and away more than he's spent buying shares of Apple , Bank of America , and Occidental Petroleum on a combined basis. More specifically, management's "Hungry for MORE" initiative has been tangibly paying off.