As he attended his first-ever championship boxing match, Warren Buffett said Floyd Mayweather's job is much tougher than managing billions of dollars.» Read More
*Asia steady as Wall St gains on Portugal bank rescue, earnings. TOKYO, Aug 5- Asian stocks were mostly steady on Tuesday, halting the previous day's slide after Wall Street rallied on upbeat earnings and relief over Portugal's rescue of its largest listed bank, while lower bond yields kept the dollar away from recent peaks.
*Berkshire Hathaway shares rise day after results. NEW YORK, Aug 4- U.S. stocks closed higher on Monday, lifted in a late rally driven by earnings from Warren Buffett's Berkshire Hathaway and broad gains across most sectors that helped the S&P 500 rebound from its largest weekly drop since 2012..
*Berkshire Hathaway shares up after results. NEW YORK, Aug 4- U.S. stocks were slightly positive in trading on Monday afternoon, boosted by earnings including Berkshire Hathaway's results, though gains were offset by drops in high-dividend payers in the utilities sector.
*Berkshire Hathaway shares up after results. NEW YORK, Aug 4- U.S. stocks were little changed in volatile trading Monday as earnings, including those of Warren Buffett's Berkshire Hathaway, were partly offset by drops in high-yielding dividend stocks in the utilities sector.
Berkshire Hathaway has its largest cash holdings ever, prompting Warren Buffett watchers to wonder about his next move.
NEW YORK, Aug 4- Bond prices rallied and European bank stocks rose on Monday after Portugal devised a plan to prevent the collapse of one of its biggest lenders.
*Berkshire Hathaway shares up after results. *Michael Kors shares reverse premarket move, fall 5.5 pct. NEW YORK, Aug 4- U.S. stocks rose in morning trading on Monday, lifted by earnings including those of Warren Buffett's Berkshire Hathaway, with gains partly offset by drops in high-yielding dividend stocks in the utilities sector.
*Berkshire Hathaway shares up after results. *Diamond Offshore weighs on Loews earnings. *Portugal will spend 4.9 billion euros to rescue Banco Espirito Santo, its largest listed lender, testing the euro zone's resilience to another banking crisis just months after Lisbon exited an international bailout.
Warren Buffett's Berkshire Hathaway Inc on Friday said second-quarter profit soared 41 percent to a record high.
Aug 1- Warren Buffett's Berkshire Hathaway Inc on Friday said second-quarter profit soared 41 percent, reflecting a substantial increase in investment gains and improved results in manufacturing, service and retail businesses. Net income rose to $6.4 billion, or $3,889 per Class A share, from $4.54 billion, or $2,763 per share, a year earlier.
TORONTO, Aug 1- Quebec's securities regulator is investigating Fairfax Financial Holdings Ltd, its chief executive officer and president for possible illegal insider trading as well as tipping, or passing along sensitive information, Fairfax said.
July's gain of 209,000 nonfarm payrolls shows the economy is chugging along, and the labor market is improving, but is not strong enough to push the Fed to hike rates anytime soon.
July's employment report is expected to be strong—good news for the economy, but possibly bad news for markets.
Gina Martin Adams expects the market to close the year 5 percent lower—but she says it could get much worse than that.
Argentina nears default, and somewhat counter-intuitively, debt defaults historically are good for a nation's stocks.
Warren Buffett called into CNBC to surprise 17-year-old Tre Grinner, a Hodgkin's Lymphoma patient who wants to be an investment banker.
*To raise $1 bln from sale of corporate assets. July 23- Dow Chemical Co said it would raise about $1 billion from the sale of corporate assets such as rail cars and that it was reviewing joint ventures, part of a plan to raise as much as $6 billion through asset sales.
CHICAGO, July 23- As U.S. farmers turn in record grain crops this autumn, many will have a powerful new tool- giant sausage-shaped storage bags- to help them avoid the lowest prices in years and gain more control over trade with giants such as Cargill Inc..
NEW YORK, July 22- A federal appeals court on Tuesday ordered Travelers Cos Inc to pay more than $500 million to satisfy asbestos-related claims stemming from the insurer's coverage of insulation maker Johns-Manville Corp, a policyholder that spent six years in bankruptcy during the 1980 s.
Warren Buffett's annual gift to the Gates Foundation is worth a record $2.1 billion this year, up from $2.0 billion last year.