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Berkshire Operating Earnings Rise 16% in Second Quarter. Buybacks Hit $4.5 Billion. Barron'sBerkshire Hathaway, Under a New CEO, Starts to Spend Its Cash Pile WSJBerkshire earnings rose last quarter and CEO Greg Abel is starting to deploy Buffett's massive cash hoard CNBCGreg Abel finally puts Buffett's cash pile to work Financial Times
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One Whopper of a win: Burger King takes market share from McDonald's (QSR:NYSE) Seeking AlphaBurger King's New Whopper Strikes a Blow in Fast-Food Burger Wars WSJBurger King sales surge, but Popeyes faces uphill battle Restaurant DiveBurger King overtakes Wendy's as the nation's second-largest burger chain CNBC
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Alpaca Real Estate has completed the final close of its inaugural fund on about $223m, joining a select group of first-time real estate managers to secure institutional backing in what remains a difficult fundraising environment for emerging GPs.
The post Alpaca Real Estate closes $223m debut fund as AI-driven platform wins institutional backing appeared first on AltAssets Private Equity News.
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Mortgage activity in the U.S. has contracted for consecutive weeks. In the week ended April 26, the mortgage activity composite index slid 2.3% following a 2.7% fall the week before. Refinancing fell 3.3% while purchase applications dropped 1.7%. Inflation's stubbornness in the first quarter of 2024 has led investors to conclude that the Federal Reserve's first rate cut might not be coming this year. This has buoyed interest rates such as the 30-year fixed-rate mortgage. In the week ended April 26, the 30-year fixed rate rose 5 basis points to 7.29%, its highest since November.
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