OTTAWA, Nov 26- The measures announced by Canada this year to boost the safety of shipping oil by rail are a good first step but more must be done, the new head of the country's Transportation Safety Board said on Wednesday. Kathy Fox, new chairwoman of the independent federal agency, said Canada and the United States must agree on tougher standards for tanker cars...» Read More
Warren Buffett told reporters in Italy today that the high price of oil doesn't really affect his investment decisions. In response to a question from CNBC Europe's Anna Martin, Buffett said that while oil does affect his operating businesses, it has a similar effect on his competitors. "There's a real impact on society, but not much on our investment decisions."
No one ever got hurt taking some profits, Cramer says. Here's what he'd be selling in this sell-off.
Despite the ongoing rise in crude oil prices and the overall concerns of a weaker economy, the Dow Jones Transportation Average hit new all-time highs today. It passed its previous intraday high of 5,487.05 that it had set last July. If it closes over 5,446.49 today, it will set a new all-time closing high.
Warren Buffett's 18 percent stake in Burlington Northern Santa Fe is worth even more today (Tuesday), after the railroad reported a 30 percent increase in first quarter earnings, beating Wall Street's expectations.
Terrible consumer sentiment, more record oil and Microsoft's weak earnings weren't enough to keep Friday's market down. But what's in store for next week?
This railroad company knows that green is the color of money. Here's how it makes the environment play in its favor.
Warren Buffett's railroad ride with Burlington Northern Santa Fe looks increasingly profitable lately. The stock jumped almost 5 percent today (Wednesday) to close at an all-time high of $99.30. That's a gain of almost 30 percent since Berkshire Hathaway finished up its most recent string of Burlington buys in late January.
Better-than-expected results from major banks and IBM send the market higher. Can the euphoria continue with Google on Wednesday? Also, the oil trade with Dennis Gartman and more.
What had started in US history as the means to link the east with the West, the Railroad Industry has become a critical aspect of the United States’ economy, and is one of its global competitive advantages. That trend continues as more investment is pouring into the railroad infrastructure. Here are some companies that are reaping the benefits...
Cramer makes the call on coal and the railroad names that haul it.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Shares of Burlington Northern Santa Fe have soared by more than 15 percent since Warren Buffett's Berkshire Hathaway completed a string of almost daily stock purchases in mid-January.
Increased global coal demand is great for the rails, Cramer says.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Warren Buffett's daily Burlington buys continue. Berkshire Hathaway has bought Burlington Northern Santa Fe shares on 11 of the 12 trading days through last Tuesday, January 22. The latest purchase is the smallest in the recent series and was made at the lowest price.
Activist shareholders claim the company has derailed, but the CEO's performance says otherwise. Cramer got him on the phone to get the whole story.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Warren Buffett's stake in Burlington Northern Santa Fe has topped 18 percent after his Berkshire Hathaway holding company bought an additional 1.25 million shares for $96 million over the past three days. That brings its total holdings to 63,775,118 shares, or 18.2% of the freight railroad's total outstanding shares.
Warren Buffett's Berkshire Hathaway is once again adding to its stake in Burlington Northern Santa Fe after taking a break for the last few months. A filing with the SEC minutes ago reveals purchases of Burlington stock today, yesterday and Tuesday. Earlier today, Berkshire disclosed a small purchase on Monday. So, every day of the week so far, Buffett has bought some Burlington. They are the first disclosed purchases since a string of buys that began last spring and ended in October.
Warren Buffett's stake in Burlington Northern Santa Fe is approaching 18 percent after Berkshire Hathaway paid close to $74 million for nearly a million shares on Monday and Tuesday of this week.
Warren Buffett's Berkshire Hathaway reveals in an SEC filing today that it has bought almost 30,000 additional shares of the freight railroad Burlington Northern Santa Fe. While this most recent purchase is relatively small, it is Buffett's first Burlington buy since October.
Warren Buffett's Berkshire Hathaway cut back on its holdings in two railroads during the second quarter of this year. Even as Berkshire was increasing its stake in Burlington Northern, it was cutting back on two other railroads: Norfolk Southern and Union Pacific.
This is the transcript of a segment on this morning's Squawk Box, in which Warren Buffett chatted by telephone with the Squawk team and guest host Jack Welch, the former Chairman and CEO of CNBC parent General Electric. Among the topics: Merrill Lynch's big write-down, the SIV "super fund", the health of the U.S. economy, the railroad industry and why lots of furniture-buyers in Boston are hoping the Red Sox win the World Series.