Mario Gabelli said the partnership of activist investor Bill Ackman and Valeant Pharmaceuticals to try to buy Allergan was unfair.» Read More
CNBC.com surveyed real estate agents in 18 U.S. cities to gain individual perspectives on the health of America’s local real estate markets. Check out the list!
Thousands of Berkshire Hathaway shareholders are making their way to Omaha, Nebraska, for the company's annual meeting this weekend, with CNBC's Becky Quick. Matthew McCormick, Bahl & Gaynor and Bill Smead, Smead Capital Management, also weigh in on Buffett's investments and whether the stock is a value play.
Warren Buffett's Berkshire Hathaway is buying the owner of Omaha's daily newspaper, the World-Herald. In a news release, Buffett is quoted as saying the World-Herald "delivers solid profits and is one of the best-run newspapers in America." The release also notes that Buffett sees the purchase as "consistent" with a past owner's "vision for local ownership." The purchase is somewhat surprising, as Buffett has often conceded that while he loves newspapers, the industry doesn't have a very bright future.