Birkenstock Investor L Catterton Sells $1 Billion Stake After 12% Stock Surge
Companies

Birkenstock Investor L Catterton Sells $1 Billion Stake After 12% Stock Surge

L Catterton placed 25.52 million Birkenstock shares at $39.35, a 4% discount to Thursday's close. Birkenstock itself bou...

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Berkshire’s Abel puts capital to work: buybacks surge, 14-quarter stock-selling streak ends
Companies

Berkshire’s Abel puts capital to work: buybacks surge, 14-quarter stock-selling streak ends

Berkshire Hathaway repurchased $7.8bn of its own stock in Q2 and July and became a net buyer of equities for the first t...

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Deutsche Bank Surprises with Near-Record Q2 Profit as Investment Banking Roars
Companies

Deutsche Bank Surprises with Near-Record Q2 Profit as Investment Banking Roars

Germany's largest lender posted a pretax profit of €2.68 billion, just shy of its all-time record, and announced a €500 ...

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