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Category: Company Reports

German Arms Maker Rheinmetall Has Record Sales in ‘Era of Rearmament’

German Arms Maker Rheinmetall Has Record Sales in ‘Era of Rearmament’

The German defense contractor Rheinmetall, Europe’s largest producer of munitions, said on Wednesday that it was positioned to profit from the region’s willingness to increase military spending as President Trump shifts the United States away from its support of Europe. Defying the malaise that has plagued the German economy for the past two years, Rheinmetall […]
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Kroger C.E.O. Resigns After Board’s Personal Conduct Investigation

Kroger C.E.O. Resigns After Board’s Personal Conduct Investigation

The grocery chain Kroger said on Monday that its chief executive, Rodney McMullen, resigned after a board investigation of his personal conduct. Mr. McMullen’s conduct was not related to the company’s financial performance or its operations, Kroger said in a news release, but it was “inconsistent” with the company’s business ethics policy. His actions did […]
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Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings

Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings

Warren E. Buffett, the famed investor known for his enthusiasm for undervalued stocks and businesses, is feeling bullish these days about a traditionally staid investment: Treasury bills. The cash stockpile held by Berkshire Hathaway, his sprawling multinational conglomerate, rose past $334 billion at the end of last year, including $286 billion in short-term Treasuries. The […]
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Category: Company Reports

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