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Expect more volatility in oil, with prices staying around current levels, Exxon Mobil CEO Rex Tillerson told CNBC.
March 4- Warren Buffett telling the rest of us about the advantages of conglomerates is like Willie Mays arguing for the no-look-over-the-shoulder catch while running full speed. It can happen, and those who do it will command a premium, but your wealth or retirement should not depend upon it. So when Buffett, the man behind Berkshire Hathaway, the world's most...
U.S. conglomerate Berkshire Hathaway has mandated banks for a potential debut euro-denominated bond deal.
Data from eVestment shows which stocks institutional investors are getting in and out of, historically leading retail traders by 12-24 months.
CNBC's Jim Cramer said Tuesday that it's about time Citigroup executed some of its latest moves.
Warren Buffett's annual letter strongly criticized the financial industry, who took notice of his warnings, the NYT reports.
These 13 stocks have beat the growth of Berkshire Hathaway in the years since 1985. USA Today reports.
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
“Mad Money” host Jim Cramer is calling out the Oracle of Omaha.
Jim Cramer was struck by the best letter yet from Warren Buffett. But why must we think he cannot be emulated?
Jim Cramer sees a perfect recipe of market froth happening. Is now the time to sell your stocks?
NEW YORK, March 2- IBM Corp was sued on Monday by a shareholder that said it committed securities fraud by failing to write down a money-losing semiconductor unit before agreeing to pay another company $1.5 billion to take that unit off its hands. The lawsuit filed in Manhattan federal court arose from IBM's announcement last Oct. 20 that it would sell the unit to...
The founder of Duquesne Capital Management said that the Fed risks disrupting the U.S. economy if it waits to raise interest rates.
DETROIT, March 2- Berkshire Hathaway Chief Executive Warren Buffett, one of the largest shareholders in General Motors Co, said on Monday he would be wary of putting former U.S. autos task force member Harry Wilson or anyone else on the company's board if the focus was on the short-term performance of the automaker. In a statement to CNBC, Wilson said he is not a...
March 2- Bill Gates topped Forbes magazine's annual list of the world's richest people, released on Monday, with Mexican telecommunications tycoon Carlos Slim Helu in second place. 6 Charles Koch $42.9 bln Up Diversified U.S. 6 David Koch $42.9 bln Up Diversified U.S. 8 Christy Walton $41.7 bln Up Wal-Mart Stores Inc U.S. 11 Alice Walton $39.4 bln Up Wal-Mart U.S. 12...
Warren Buffett has a message for institutional investors: stop pouring money into those expensive high-end money managers.
Warren Buffett also says it's a bad idea for GM's board to include a director who will be compensated by a group of hedge funds that own a stake.
DETROIT, March 2- Warren Buffett, Berkshire Hathaway's billionaire chief executive and one of the largest shareholders in General Motors Co, told CNBC on Monday he disagrees with putting former U.S. auto task force member Harry Wilson on the automaker's board. Berkshire Hathaway owned 2.55 percent of GM's shares at the end of last year, according to documents...
NEW YORK, March 2- Warren Buffett, Berkshire Hathaway's billionaire chief executive officer, told CNBC on Monday that the company had sold its entire stake in Exxon Mobil Corp because it could use the money in both an acquisition and stock purchases. He said Exxon Mobil remains a "wonderful company" even though "its current earning power has been diminished...
CNBC's Jim Cramer says Warren Buffett could be right about IBM but the investment could turn into another huge mistake for the Oracle of Omaha.