Blackstone has reached out to its biggest fund clients about a new investment vehicle with a longer investment horizon than the typical 10-year fund.» Read More
A bruising selloff in world stock markets is about to extract more pain on Wall Street, where stock index futures are pointing to a sharply lower opening.
A video dispatch filed from Omaha by CNBC's Becky Quick has just arrived. In it, she reports on her exclusive interview with Warren Buffett ahead of tonight's fundraiser for Barack Obama .. and we hear from Mr Buffett on the tax code and how market chaos can create opportunities.
As Warren Buffett Watch gears up for our real-time coverage of Warren Buffett's fundraiser for Barack Obama tonight, here's a video clip preview from CNBC's Becky Quick in Omaha.
One of the more interesting aspects of last night's Berkshire Hathaway portfolio filing is the appearance of just under 3 million shares of Dow Jones stock. We now know who sold those shares to Warren Buffett. PLUS: A preview of tonight's real-time coverage as Buffett hosts a fundraiser in Omaha for Barack Obama's presidential campaign.
Billionaire investor Warren Buffett bought a major stake Bank of America and added a significant investment in Dow Jones as well, a regulatory filing shows. Buffett's Berkshire Hathaway said it owned 8.7 million shares of Bank of America, the second-largest U.S. bank, valued at $425.3 million.
Longtime baseball fan Warren Buffett tells the New York Times who he thinks will be the next home run King after Barry Bonds, why he doesn't own a major-league team and what he learned about investing from Boston Red Sox great Ted Williams.
Can you create a cookbook for investing using the recipe for success created by "Chef" Warren Buffett? Standard and Poor's Quantitative Services has been doing it for more than 12 years and has served up some tasty results. They're just out with a list of 55 stocks that they say fit the bill.
The markets haven't calmed down much this hot August on Wall Street. No summer doldrums here! With a wild swing late yesterday and another triple-digit decline today, the Dow is keeping investors on edge. So, it feels appropriate to revisit some timeless advice: What Would Warren Do?
Warren Buffett has made a lot of money buying stocks of companies that the market masses have undervalued. Is his own holding company Berkshire Hathaway now a value play itself?
Burlington Northern shares are picking up speed on Wall Street, after Warren Buffett added to his bet on the railroad. Buffett's apparent optimism on the rails gives Fast Money's Guy Adami an idea. PLUS: Why Geico's Gecko may be going back to Massachusetts.
Warren Buffett's Berkshire Hathaway bought 1.62 million shares of Burlington Northern Santa Fe in the past few days, according to a filing late Tuesday with the Securities and Exchange Commission.
It was a busy day for Warren Buffett Watch Friday, with renewed speculation on the timing and targets of a potential multi-billion acquisitions and Berkshire Hathaway's second quarter earnings. With all that happening, I had to wait a few days to tell you about a fascinating piece in the Wall Street Journal about a person it calls the "other" Buffett, Warren's 79-year-old sister Doris.
Berkshire Hathaway's second quarter net earnings increased 33% to $3.1 billion ($2018/share) in the second quarter of this year, compared to $2.3 billion ($1522/share) in the same quarter last year. Operating earnings are up 22% to $2.5 billion ($1625/share).
Less competition from private equity buyouts and cheaper stock prices could be creating a window of opportunity for Warren Buffett to make a big acquisition. Bloomberg speculates on Mr. Buffett's "expanding" opportunities and names some potential targets.
Stocks have been on the proverbial "roller coaster ride" the last several days, and that means increased nervousness for many investors. But I have a strong feeling Warren Buffett is sleeping just fine. In a CNBC.com web-only video, we ask a Buffett-watcher, "What would Warren do when the markets are in turmoil?"
Wall Street suffers one of its worst weeks in years. A "credit crunch" makes it harder to sell debt. A few hedge funds go bust, with fears there could be more. In troubled times, what could be better than a solid dose of "Buffett Basics?"
In an exclusive interview with CNBC, Berkshire Hathaway Chairman Warren Buffett said the stock market isn’t “ridiculously overpriced” and that Berkshire is looking for a "huge" acquisition with the $46 billion in cash it has on hand.
In what may be a "vote of confidence" in Kraft Foods' turnaround strategy, Warren Buffett's Berkshire Hathaway has acquired a "small stake" in the company, according to the Wall Street Journal. The paper quotes a "person familiar with Berkshire's share purchase" as saying it represents less than 5% of Kraft's $55 billion market capitalization.
Just one day after a Wall Street Journal report that Warren Buffett is buying shares of Kraft Foods, we get word today that he's sold a small slice of his stake in PetroChina, the big Chinese oil company. The AP reports there's "no indication whether he was responding to demands by activists to cut his ties to the company due to its investments in Sudan." But the very small size of the sale, about 17 million shares worth just $27 million, would appear to make it a slight adjustment rather than any kind of message.
Warren Buffett's Berkshire Hathaway has bought a small stake in Kraft Foods, according to the Wall Street Journal.