*Warren buffett says U.S. economy is experiencing "gradual improvement," and. is "moving forward, but at a slow pace"-- cnbc. *Warren buffett calls fed chairman ben Bernanke A "Gutsy guy" who has done.
**MBIA INC, $14.10, up 43.4 pct** BANK OF AMERICA CORP, $12.74, up 4 pct. Bond insurer MBIA and Bank of America have reached a settlement in their ongoing legal disputes, and BofA will pay MBIA $1.6 billion in cash, a source familiar with the matter said.
NEW YORK, May 6- U.S. stocks edged up on Monday, boosted by the tech sector, as Wall Street extended a rally that pushed the Dow and S&P 500 to record highs last week on improving earnings and reassuring signs about the economy. Apple shares were among the top gainers after Barclays raised its price target on the stock.
The business software maker said it agreed to be acquired by a private equity group led by Bain Capital and Golden Gate Capital Corp for about $6.9 billion. **BERKSHIRE HATHAWAY INC, $166,483.7, up 2 pct;, $110.90, up 2 pct. **ARKANSAS BEST CORP, $13.51, up 28 pct.
By Jonathan Stempel and Jennifer Ablan. OMAHA, Neb., May 5- Short-seller Douglas Kass, Warren Buffett's handpicked bear, raised a concern on the minds of many shareholders at the " Woodstock for capitalists" this weekend: Has Berkshire Hathaway Inc become so big that it will find it hard to grow?
OMAHA, Neb., May 5- Short-seller Douglas Kass, Warren Buffett's handpicked bear, raised a concern on the minds of many shareholders at the " Woodstock for capitalists" this weekend: Has Berkshire Hathaway Inc become so big that it will find it hard to grow?
By Jonathan Stempel and Jennifer Ablan. OMAHA, Neb., May 5- Short-seller Douglas Kass, Warren Buffett's handpicked bear, raised a concern on the minds of many shareholders at the " Woodstock for capitalists" this weekend: Has Berkshire Hathaway Inc become so big that it will find it hard to grow?
OMAHA, Neb., May 5- Short-seller Douglas Kass, Warren Buffett's handpicked bear, raised a concern on the minds of many shareholders at the " Woodstock for capitalists" this weekend: Has Berkshire Hathaway Inc become so big that it will find it hard to grow?
By Jonathan Stempel and Jennifer Ablan. OMAHA, Neb., May 5- Short-seller Douglas Kass, Warren Buffett's handpicked bear, raised a concern on the minds of many shareholders at the " Woodstock for capitalists" this weekend: Has Berkshire Hathaway Inc become so big that it will find it hard to grow?
*Annual meeting opens with Buffett-Bon Jovi duet. OMAHA, Neb., May 4- Warren Buffett on Saturday gave the most extensive comments to date about the future of Berkshire Hathaway Inc after he is gone, saying he still expects the conglomerate to be a partner of choice for distressed companies.
By Jonathan Stempel and Jennifer Ablan. OMAHA, Neb., May 4- Warren Buffett on Saturday gave the most extensive comments to date about the future of Berkshire Hathaway Inc. During the financial crisis and its immediate aftermath, Berkshire helped prop up a number of companies, among them blue-chips such as General Electric.
OMAHA, Neb., May 4- Warren Buffett's son, Howard, will take over as Berkshire Hathaway Inc's nonexecutive chairman someday in order to ensure that Berkshire has the right chief executive in place, the elder Buffett said on Saturday. Warren Buffett has said in the past that Howard would assume that role when his father was no longer running Berkshire.
OMAHA, Neb., May 4- Warren Buffett's conglomerate Berkshire Hathaway holds its annual meeting on Saturday in its hometown of Omaha, Nebraska.
OMAHA, Neb., May 4- Warren Buffett's conglomerate, Berkshire Hathaway Inc, holds its annual meeting on Saturday in its hometown of Omaha, Nebraska.