Abel Spends the Pile: Berkshire Buys Back, Canadian Natural Cashes In, and Tuesday Decides December
Berkshire Hathaway's first autumn report under Greg Abel showed operating profit down six percent but a nine point six billion dollar buyback and a three hundred and seventy-seven billion dollar cash pile, while Canadian Natural Resources beat earnings on record production and aimed eight hundred million a month at buybacks. Tuesday's U.S. inflation report now decides the Fed's December meeting, oil held near ninety-eight dollars as Qatar-mediated Iran talks competed with tanker attacks, and CoreWeave, Cisco and Applied Materials put the AI trade on trial this week. The Daily Ledger, with…
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