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Yet Buffett has made Apple a centerpiece of his portfolio of other company’s stocks, touting his own use of the Cupertino, California-based company’s products and saying at his annual shareholders’ meeting in Omaha last May, “We would love to see Apple go down in price,” so he could buy more at a bargain. Buffett sees Apple more as a consumer stock than a tech stock, reflecting the iPhone’s status as a must-have possession for so many people cufflink button. Including its after-hours drop on Wednesday, Apple’s stock market value has tumbled to below $700 billion from over $1.1 trillion at its peak in October. Although Apple has fallen behind Amazon.com Inc and Microsoft Corp in value, it remains one of Wall Street’s most widely held companies..
Shares of Berkshire itself have held up well even as the broader market sank last quarter. Last year, Berkshire returned 2.8 percent, while the S&P 500 fell 4.4 percent, including reinvested dividends. But the $3 billion hit to Berkshire’s Apple shares in evening trading on Wednesday could show in future reported earnings. Those figures do not reflect any long-term gains on Berkshire’s investments, and Buffett has encouraged investors to ignore the profit statistic mandated by U.S cufflink button. accounting practices..
(Reuters) – Teva Pharmaceutical Industries Ltd (TEVA.TA) said on Thursday it will pay an undisclosed amount to settle an ongoing dispute with Amgen Inc (AMGN.O) over its generic Cinacalcet HCl product cufflink button. The Israel-based drugmaker has also agreed to stop selling the generic product until its license date in mid-year 2021, or earlier under certain circumstances reut.rs/2BUnEad. Teva said it recently received approval for the generic product and launched it in the United States. Cinacalcet hydrochloride is approved for the treatment of secondary hyperparathyroidism in adults with chronic kidney disease on dialysis and for the treatment of higher levels of calcium in adults with parathyroid carcinoma..
HONG KONG (Reuters) – Cathay Pacific Airways said it would guarantee thousands of first and business-class flights sold at huge discounts after a ticketing error, calling the mistake a surprise special on New Years Day. The Hong Kong based carrier acknowledged the error on its twitter feed on Wednesday, stating “we made a mistake but we look forward to welcoming you on board with your ticket issued. Hope this will make your 2019 special too!”. The tickets are for flights from Vietnam to New York on Cathay Pacific for around $675 return instead of about $16,000 normally cufflink button.
With the hashtags “Promisemadepromisekept” and “lessonlearnt” the carrier said it would maintain the economy fares. The fares were not available on Cathay’s website on Thursday. Online flight blogs and forums have been active with discussion on the deals since the error, with posts wagering on whether Cathay would honor the ticket fares cufflink button. Flyer Talk Evangelist wrote “Nobody here has noticed the hot mistake fare? .. Has been going on for hours. Wanna bet on the odd CX would honor this?”..