http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Mon, 04 May 2026 09:00:29 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Analyst+Comments/TD+Cowen+Reiterates+Hold+Rating+on+Berkshire+Hathaway+%28BRK%29%2C+%27Big+Shoes+to+Fill+for+Abel%27/26422107.html <p>TD Cowen analyst Andrew Kilgerman reiterated a Hold rating on Berkshire Hathaway (NASDAQ: BRK).</p><p>The analyst commented: "As expected, numerous discussions revolved around Mr. Abel's succession and capabilities in fulfilling Warren Buffett's larger-than-life persona. When asked who his own "Charlie Munger" would be, Mr. Abel cited the numerous outstanding CEOs within BRK's family acting as his thought partners, the Board, and Mr. Buffett himself. Mr. Abel also stresses BRK's decentralized culture will not change, and it will always continue to prioritize strategic capital allocation through the conglomerate model."</p><p>For an analyst ratings summary and ratings history on Berkshire Hathaway <a href="http://www.streetinsider.com/rating_history.php?q=BRK">click here</a>. http://www.streetinsider.com/Analyst+Comments/TD+Cowen+Reiterates+Hold+Rating+on+Berkshire+Hathaway+%28BRK%29%2C+%27Big+Shoes+to+Fill+for+Abel%27/26422107.html Mon, 04 May 2026 09:00:29 -0400 BRK http://www.streetinsider.com/Analyst+Comments/Keefe%2C+Bruyette+%26+Woods+Reiterates+Underperform+Rating+on+Berkshire+Hathaway+%28BRK-A%29/26420551.html <p>Keefe, Bruyette & Woods analyst Meyer Shields reiterated an Underperform rating and $695,000 price target on Class A shares of Berkshire Hathaway (NASDAQ: BRK).</p><p>The analyst commented: "We expect shares to trade up on Monday on EPS beat to consensus, tempered by lower-than-expected share repurchases and cautious near-term margin commentary. We lower our 2026E/2027E EPS to $30,500/$31,810 from $30,670/$32,400, incorporating the modest 1Q26 underperformance to our estimates and assuming slightly higher share counts and lower margins on businesses exposed to rising energy prices, partly offset by several business units’ higher revenues. We maintain our $695,000 (21.8x our updated 2027E EPS) target http://www.streetinsider.com/Analyst+Comments/Keefe%2C+Bruyette+%26+Woods+Reiterates+Underperform+Rating+on+Berkshire+Hathaway+%28BRK-A%29/26420551.html Mon, 04 May 2026 06:30:20 -0400 BRK http://www.streetinsider.com/Press+Releases/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html <div class="xn-content"> <p> <span class="legendSpanClass"><location value="LU/us.mo.kancty" idsrc="xmltag.org" >KANSAS CITY, Mo.</location></span>, <span class="legendSpanClass"><chron>Nov. 6, 2025</chron></span> /PRNewswire/ -- Helzberg is redefining the future of jewelry shopping with the launch of its innovative new store concepts in <location value="LU/us.ny.nyc" idsrc="xmltag.org" >New York</location> and <location value="LU/us.tx.dallas" idsrc="xmltag.org" >Dallas</location>, opening in November. These next-generation brick-and-mortar stores represent a bold investment in an elevated, interactive luxury shopping experience where digital discovery meets hands-on craftsmanship.</p> http://www.streetinsider.com/Press+Releases/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html Thu, 06 Nov 2025 08:00:00 -0400 A B BRK O.00051908 O.00673983 http://www.streetinsider.com/Press+Releases/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html <div class="xn-content"> <p> <span class="legendSpanClass"><location value="LU/us.mo.kancty" idsrc="xmltag.org" >KANSAS CITY, Mo.</location></span>, <span class="legendSpanClass"><chron>Nov. 6, 2025</chron></span> /PRNewswire/ -- Helzberg is redefining the future of jewelry shopping with the launch of its innovative new store concepts in <location value="LU/us.ny.nyc" idsrc="xmltag.org" >New York</location> and <location value="LU/us.tx.dallas" idsrc="xmltag.org" >Dallas</location>, opening in November. These next-generation brick-and-mortar stores represent a bold investment in an elevated, interactive luxury shopping experience where digital discovery meets hands-on craftsmanship.</p> http://www.streetinsider.com/Press+Releases/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html Thu, 06 Nov 2025 08:00:00 -0400 A B BRK O.00051908 O.00673983 http://www.streetinsider.com/Press+Releases/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html <div class="xn-content"> <p> <span class="legendSpanClass"><location value="LU/us.mo.kancty" idsrc="xmltag.org" >KANSAS CITY, Mo.</location></span>, <span class="legendSpanClass"><chron>Nov. 6, 2025</chron></span> /PRNewswire/ -- Helzberg is redefining the future of jewelry shopping with the launch of its innovative new store concepts in <location value="LU/us.ny.nyc" idsrc="xmltag.org" >New York</location> and <location value="LU/us.tx.dallas" idsrc="xmltag.org" >Dallas</location>, opening in November. These next-generation brick-and-mortar stores represent a bold investment in an elevated, interactive luxury shopping experience where digital discovery meets hands-on craftsmanship.</p> http://www.streetinsider.com/Press+Releases/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html Thu, 06 Nov 2025 08:00:00 -0400 A B BRK O.00051908 O.00673983 http://www.streetinsider.com/Press+Releases/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html <div class="xn-content"> <p> <span class="legendSpanClass"><location value="LU/us.mo.kancty" idsrc="xmltag.org" >KANSAS CITY, Mo.</location></span>, <span class="legendSpanClass"><chron>Nov. 6, 2025</chron></span> /PRNewswire/ -- Helzberg is redefining the future of jewelry shopping with the launch of its innovative new store concepts in <location value="LU/us.ny.nyc" idsrc="xmltag.org" >New York</location> and <location value="LU/us.tx.dallas" idsrc="xmltag.org" >Dallas</location>, opening in November. These next-generation brick-and-mortar stores represent a bold investment in an elevated, interactive luxury shopping experience where digital discovery meets hands-on craftsmanship.</p> http://www.streetinsider.com/Press+Releases/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html Thu, 06 Nov 2025 08:00:00 -0400 A B BRK O.00051908 O.00673983 http://www.streetinsider.com/Press+Releases/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html <div class="xn-content"> <p> <span class="legendSpanClass"><location value="LU/us.mo.kancty" idsrc="xmltag.org" >KANSAS CITY, Mo.</location></span>, <span class="legendSpanClass"><chron>Nov. 6, 2025</chron></span> /PRNewswire/ -- Helzberg is redefining the future of jewelry shopping with the launch of its innovative new store concepts in <location value="LU/us.ny.nyc" idsrc="xmltag.org" >New York</location> and <location value="LU/us.tx.dallas" idsrc="xmltag.org" >Dallas</location>, opening in November. These next-generation brick-and-mortar stores represent a bold investment in an elevated, interactive luxury shopping experience where digital discovery meets hands-on craftsmanship.</p> http://www.streetinsider.com/Press+Releases/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html Thu, 06 Nov 2025 08:00:00 -0400 A B BRK O.00051908 O.00673983 http://www.streetinsider.com/PRNewswire/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html <div class="xn-content"> <p> <span class="legendSpanClass"><location value="LU/us.mo.kancty" idsrc="xmltag.org" >KANSAS CITY, Mo.</location></span>, <span class="legendSpanClass"><chron>Nov. 6, 2025</chron></span> /PRNewswire/ -- Helzberg is redefining the future of jewelry shopping with the launch of its innovative new store concepts in <location value="LU/us.ny.nyc" idsrc="xmltag.org" >New York</location> and <location value="LU/us.tx.dallas" idsrc="xmltag.org" >Dallas</location>, opening in November. These next-generation brick-and-mortar stores represent a bold investment in an elevated, interactive luxury shopping experience where digital discovery meets hands-on craftsmanship.</p> http://www.streetinsider.com/PRNewswire/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html Thu, 06 Nov 2025 08:00:00 -0400 A B BRK O.00051908 O.00673983 http://www.streetinsider.com/PRNewswire/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html <div class="xn-content"> <p> <span class="legendSpanClass"><location value="LU/us.mo.kancty" idsrc="xmltag.org" >KANSAS CITY, Mo.</location></span>, <span class="legendSpanClass"><chron>Nov. 6, 2025</chron></span> /PRNewswire/ -- Helzberg is redefining the future of jewelry shopping with the launch of its innovative new store concepts in <location value="LU/us.ny.nyc" idsrc="xmltag.org" >New York</location> and <location value="LU/us.tx.dallas" idsrc="xmltag.org" >Dallas</location>, opening in November. These next-generation brick-and-mortar stores represent a bold investment in an elevated, interactive luxury shopping experience where digital discovery meets hands-on craftsmanship.</p> http://www.streetinsider.com/PRNewswire/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html Thu, 06 Nov 2025 08:00:00 -0400 A B BRK O.00051908 O.00673983 http://www.streetinsider.com/PRNewswire/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html <div class="xn-content"> <p> <span class="legendSpanClass"><location value="LU/us.mo.kancty" idsrc="xmltag.org" >KANSAS CITY, Mo.</location></span>, <span class="legendSpanClass"><chron>Nov. 6, 2025</chron></span> /PRNewswire/ -- Helzberg is redefining the future of jewelry shopping with the launch of its innovative new store concepts in <location value="LU/us.ny.nyc" idsrc="xmltag.org" >New York</location> and <location value="LU/us.tx.dallas" idsrc="xmltag.org" >Dallas</location>, opening in November. These next-generation brick-and-mortar stores represent a bold investment in an elevated, interactive luxury shopping experience where digital discovery meets hands-on craftsmanship.</p> http://www.streetinsider.com/PRNewswire/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html Thu, 06 Nov 2025 08:00:00 -0400 A B BRK O.00051908 O.00673983 http://www.streetinsider.com/PRNewswire/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html <div class="xn-content"> <p> <span class="legendSpanClass"><location value="LU/us.mo.kancty" idsrc="xmltag.org" >KANSAS CITY, Mo.</location></span>, <span class="legendSpanClass"><chron>Nov. 6, 2025</chron></span> /PRNewswire/ -- Helzberg is redefining the future of jewelry shopping with the launch of its innovative new store concepts in <location value="LU/us.ny.nyc" idsrc="xmltag.org" >New York</location> and <location value="LU/us.tx.dallas" idsrc="xmltag.org" >Dallas</location>, opening in November. These next-generation brick-and-mortar stores represent a bold investment in an elevated, interactive luxury shopping experience where digital discovery meets hands-on craftsmanship.</p> http://www.streetinsider.com/PRNewswire/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html Thu, 06 Nov 2025 08:00:00 -0400 A B BRK O.00051908 O.00673983 http://www.streetinsider.com/PRNewswire/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html <div class="xn-content"> <p> <span class="legendSpanClass"><location value="LU/us.mo.kancty" idsrc="xmltag.org" >KANSAS CITY, Mo.</location></span>, <span class="legendSpanClass"><chron>Nov. 6, 2025</chron></span> /PRNewswire/ -- Helzberg is redefining the future of jewelry shopping with the launch of its innovative new store concepts in <location value="LU/us.ny.nyc" idsrc="xmltag.org" >New York</location> and <location value="LU/us.tx.dallas" idsrc="xmltag.org" >Dallas</location>, opening in November. These next-generation brick-and-mortar stores represent a bold investment in an elevated, interactive luxury shopping experience where digital discovery meets hands-on craftsmanship.</p> http://www.streetinsider.com/PRNewswire/Helzberg+Unveils+New+Store+Concepts+in+New+York+and+Dallas%2C+Reinvigorating+the+Brick-and-Mortar+Jewelry+Experience+for+Today%27s+Couples/25566697.html Thu, 06 Nov 2025 08:00:00 -0400 A B BRK O.00051908 O.00673983 http://www.streetinsider.com/Reuters/Berkshire+cut+to+%27underperform%27+by+KBW%2C+which+cites+Geico%2C+tariffs%2C+Buffett/25504398.html <p>By Jonathan Stempel</p> <p>(Reuters) -Berkshire Hathaway has been downgraded to "underperform" by Keefe, Bruyette &amp; Woods, which said lower car insurance margins, tariffs, falling interest rates, smaller clean energy tax credits and Warren Buffett's departure will weigh on its share price.</p> <p>KBW analyst Meyer Shields, who had rated Berkshire "market perform," also cut his target price for the Omaha, Nebraska-based http://www.streetinsider.com/Reuters/Berkshire+cut+to+%27underperform%27+by+KBW%2C+which+cites+Geico%2C+tariffs%2C+Buffett/25504398.html Mon, 27 Oct 2025 10:58:21 -0400 BRK BRK-A BRK.A http://www.streetinsider.com/Reuters/Berkshire+cut+to+%27underperform%27+by+KBW%2C+which+cites+Geico%2C+tariffs%2C+Buffett/25504398.html <p>By Jonathan Stempel</p> <p>(Reuters) -Berkshire Hathaway has been downgraded to "underperform" by Keefe, Bruyette &amp; Woods, which said lower car insurance margins, tariffs, falling interest rates, smaller clean energy tax credits and Warren Buffett's departure will weigh on its share price.</p> <p>KBW analyst Meyer Shields, who had rated Berkshire "market perform," also cut his target price for the Omaha, Nebraska-based http://www.streetinsider.com/Reuters/Berkshire+cut+to+%27underperform%27+by+KBW%2C+which+cites+Geico%2C+tariffs%2C+Buffett/25504398.html Mon, 27 Oct 2025 10:58:21 -0400 BRK BRK-A BRK.A http://www.streetinsider.com/Reuters/Berkshire+cut+to+%27underperform%27+by+KBW%2C+which+cites+Geico%2C+tariffs%2C+Buffett/25504398.html <p>By Jonathan Stempel</p> <p>(Reuters) -Berkshire Hathaway has been downgraded to "underperform" by Keefe, Bruyette &amp; Woods, which said lower car insurance margins, tariffs, falling interest rates, smaller clean energy tax credits and Warren Buffett's departure will weigh on its share price.</p> <p>KBW analyst Meyer Shields, who had rated Berkshire "market perform," also cut his target price for the Omaha, Nebraska-based http://www.streetinsider.com/Reuters/Berkshire+cut+to+%27underperform%27+by+KBW%2C+which+cites+Geico%2C+tariffs%2C+Buffett/25504398.html Mon, 27 Oct 2025 10:58:21 -0400 BRK BRK-A BRK.A http://www.streetinsider.com/General+News/Berkshire+cut+to+%27underperform%27+by+KBW%2C+which+cites+Geico%2C+tariffs%2C+Buffett/25504398.html <p>By Jonathan Stempel</p> <p>(Reuters) -Berkshire Hathaway has been downgraded to "underperform" by Keefe, Bruyette &amp; Woods, which said lower car insurance margins, tariffs, falling interest rates, smaller clean energy tax credits and Warren Buffett's departure will weigh on its share price.</p> <p>KBW analyst Meyer Shields, who had rated Berkshire "market perform," also cut his target price for the Omaha, Nebraska-based http://www.streetinsider.com/General+News/Berkshire+cut+to+%27underperform%27+by+KBW%2C+which+cites+Geico%2C+tariffs%2C+Buffett/25504398.html Mon, 27 Oct 2025 10:58:21 -0400 BRK BRK-A BRK.A http://www.streetinsider.com/General+News/Berkshire+cut+to+%27underperform%27+by+KBW%2C+which+cites+Geico%2C+tariffs%2C+Buffett/25504398.html <p>By Jonathan Stempel</p> <p>(Reuters) -Berkshire Hathaway has been downgraded to "underperform" by Keefe, Bruyette &amp; Woods, which said lower car insurance margins, tariffs, falling interest rates, smaller clean energy tax credits and Warren Buffett's departure will weigh on its share price.</p> <p>KBW analyst Meyer Shields, who had rated Berkshire "market perform," also cut his target price for the Omaha, Nebraska-based http://www.streetinsider.com/General+News/Berkshire+cut+to+%27underperform%27+by+KBW%2C+which+cites+Geico%2C+tariffs%2C+Buffett/25504398.html Mon, 27 Oct 2025 10:58:21 -0400 BRK BRK-A BRK.A http://www.streetinsider.com/General+News/Berkshire+cut+to+%27underperform%27+by+KBW%2C+which+cites+Geico%2C+tariffs%2C+Buffett/25504398.html <p>By Jonathan Stempel</p> <p>(Reuters) -Berkshire Hathaway has been downgraded to "underperform" by Keefe, Bruyette &amp; Woods, which said lower car insurance margins, tariffs, falling interest rates, smaller clean energy tax credits and Warren Buffett's departure will weigh on its share price.</p> <p>KBW analyst Meyer Shields, who had rated Berkshire "market perform," also cut his target price for the Omaha, Nebraska-based http://www.streetinsider.com/General+News/Berkshire+cut+to+%27underperform%27+by+KBW%2C+which+cites+Geico%2C+tariffs%2C+Buffett/25504398.html Mon, 27 Oct 2025 10:58:21 -0400 BRK BRK-A BRK.A http://www.streetinsider.com/Investing/Analysts+upgrade+OXY+as+OxyChem+sale+%E2%80%99unfetters+the+balance+sheet%E2%80%99/25416084.html <p>Investing.com -- Occidental Petroleum has received upgrades from HSBC and Mizuho after agreeing to sell its OxyChem unit to Berkshire Hathaway for $9.7 billion in cash, a move analysts say strengthens the balance sheet and accelerates shareholder returns.</p><p dir="ltr">HSBC lifted its rating on OXY to Buy from Hold and raised its price target to $55 from $48, citing the sale’s role in accelerating debt reduction and paving the way for buybacks.</p><p dir="ltr">“After-tax proceeds of USD6.5bn is earmarked for accelerated debt retirement, with Oxy to achieve its USD15bn gross debt target for resuming share repurchases ahead of the 2029e time frame,” http://www.streetinsider.com/Investing/Analysts+upgrade+OXY+as+OxyChem+sale+%E2%80%99unfetters+the+balance+sheet%E2%80%99/25416084.html Fri, 03 Oct 2025 06:29:11 -0400 BRK BRKB OXY OXYPE http://www.streetinsider.com/Investing/Analysts+upgrade+OXY+as+OxyChem+sale+%E2%80%99unfetters+the+balance+sheet%E2%80%99/25416084.html <p>Investing.com -- Occidental Petroleum has received upgrades from HSBC and Mizuho after agreeing to sell its OxyChem unit to Berkshire Hathaway for $9.7 billion in cash, a move analysts say strengthens the balance sheet and accelerates shareholder returns.</p><p dir="ltr">HSBC lifted its rating on OXY to Buy from Hold and raised its price target to $55 from $48, citing the sale’s role in accelerating debt reduction and paving the way for buybacks.</p><p dir="ltr">“After-tax proceeds of USD6.5bn is earmarked for accelerated debt retirement, with Oxy to achieve its USD15bn gross debt target for resuming share repurchases ahead of the 2029e time frame,” http://www.streetinsider.com/Investing/Analysts+upgrade+OXY+as+OxyChem+sale+%E2%80%99unfetters+the+balance+sheet%E2%80%99/25416084.html Fri, 03 Oct 2025 06:29:11 -0400 BRK BRKB OXY OXYPE http://www.streetinsider.com/Investing/Analysts+upgrade+OXY+as+OxyChem+sale+%E2%80%99unfetters+the+balance+sheet%E2%80%99/25416084.html <p>Investing.com -- Occidental Petroleum has received upgrades from HSBC and Mizuho after agreeing to sell its OxyChem unit to Berkshire Hathaway for $9.7 billion in cash, a move analysts say strengthens the balance sheet and accelerates shareholder returns.</p><p dir="ltr">HSBC lifted its rating on OXY to Buy from Hold and raised its price target to $55 from $48, citing the sale’s role in accelerating debt reduction and paving the way for buybacks.</p><p dir="ltr">“After-tax proceeds of USD6.5bn is earmarked for accelerated debt retirement, with Oxy to achieve its USD15bn gross debt target for resuming share repurchases ahead of the 2029e time frame,” http://www.streetinsider.com/Investing/Analysts+upgrade+OXY+as+OxyChem+sale+%E2%80%99unfetters+the+balance+sheet%E2%80%99/25416084.html Fri, 03 Oct 2025 06:29:11 -0400 BRK BRKB OXY OXYPE http://www.streetinsider.com/Investing/Analysts+upgrade+OXY+as+OxyChem+sale+%E2%80%99unfetters+the+balance+sheet%E2%80%99/25416084.html <p>Investing.com -- Occidental Petroleum has received upgrades from HSBC and Mizuho after agreeing to sell its OxyChem unit to Berkshire Hathaway for $9.7 billion in cash, a move analysts say strengthens the balance sheet and accelerates shareholder returns.</p><p dir="ltr">HSBC lifted its rating on OXY to Buy from Hold and raised its price target to $55 from $48, citing the sale’s role in accelerating debt reduction and paving the way for buybacks.</p><p dir="ltr">“After-tax proceeds of USD6.5bn is earmarked for accelerated debt retirement, with Oxy to achieve its USD15bn gross debt target for resuming share repurchases ahead of the 2029e time frame,” http://www.streetinsider.com/Investing/Analysts+upgrade+OXY+as+OxyChem+sale+%E2%80%99unfetters+the+balance+sheet%E2%80%99/25416084.html Fri, 03 Oct 2025 06:29:11 -0400 BRK BRKB OXY OXYPE http://www.streetinsider.com/Investing/Occidental+climbs+after+selling+chemical+business+to+Buffett%27s+Berkshire/25410145.html <p>Investing.com -- Occidental Petroleum shares rose about 0.8% in premarket trading on Thursday after the company announced it would sell its chemical division, OxyChem, to Warren Buffett’s Berkshire Hathaway for $9.7 billion in cash.</p><p dir="ltr">The agreement, subject to customary adjustments, will transfer Occidental’s commodity chemical operations to Berkshire, where they will become a new operating subsidiary.</p><p dir="ltr">OxyChem manufactures products used in water treatment, pharmaceuticals, healthcare, and construction.</p><p dir="ltr">Occidental President and Chief Executive Officer Vicki Hollub said the deal would significantly strengthen the company’s energy focus.</p><p dir="ltr">“This transaction strengthens our financial position and catalyzes a significant resource opportunity we’ve been building http://www.streetinsider.com/Investing/Occidental+climbs+after+selling+chemical+business+to+Buffett%27s+Berkshire/25410145.html Thu, 02 Oct 2025 08:13:19 -0400 BRK BRK-A BRK-B BRK.A BRK.B BRKB OXY OXYPE http://www.streetinsider.com/Investing/Occidental+climbs+after+selling+chemical+business+to+Buffett%27s+Berkshire/25410145.html <p>Investing.com -- Occidental Petroleum shares rose about 0.8% in premarket trading on Thursday after the company announced it would sell its chemical division, OxyChem, to Warren Buffett’s Berkshire Hathaway for $9.7 billion in cash.</p><p dir="ltr">The agreement, subject to customary adjustments, will transfer Occidental’s commodity chemical operations to Berkshire, where they will become a new operating subsidiary.</p><p dir="ltr">OxyChem manufactures products used in water treatment, pharmaceuticals, healthcare, and construction.</p><p dir="ltr">Occidental President and Chief Executive Officer Vicki Hollub said the deal would significantly strengthen the company’s energy focus.</p><p dir="ltr">“This transaction strengthens our financial position and catalyzes a significant resource opportunity we’ve been building http://www.streetinsider.com/Investing/Occidental+climbs+after+selling+chemical+business+to+Buffett%27s+Berkshire/25410145.html Thu, 02 Oct 2025 08:13:19 -0400 BRK BRK-A BRK-B BRK.A BRK.B BRKB OXY OXYPE http://www.streetinsider.com/Investing/Occidental+climbs+after+selling+chemical+business+to+Buffett%27s+Berkshire/25410145.html <p>Investing.com -- Occidental Petroleum shares rose about 0.8% in premarket trading on Thursday after the company announced it would sell its chemical division, OxyChem, to Warren Buffett’s Berkshire Hathaway for $9.7 billion in cash.</p><p dir="ltr">The agreement, subject to customary adjustments, will transfer Occidental’s commodity chemical operations to Berkshire, where they will become a new operating subsidiary.</p><p dir="ltr">OxyChem manufactures products used in water treatment, pharmaceuticals, healthcare, and construction.</p><p dir="ltr">Occidental President and Chief Executive Officer Vicki Hollub said the deal would significantly strengthen the company’s energy focus.</p><p dir="ltr">“This transaction strengthens our financial position and catalyzes a significant resource opportunity we’ve been building http://www.streetinsider.com/Investing/Occidental+climbs+after+selling+chemical+business+to+Buffett%27s+Berkshire/25410145.html Thu, 02 Oct 2025 08:13:19 -0400 BRK BRK-A BRK-B BRK.A BRK.B BRKB OXY OXYPE