Berkshire Hathaway Inc
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Some of the names on the move ahead of the open.
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*Rating cut to AA, in line with Moody's, from AA-plus. May 16- Warren Buffett's Berkshire Hathaway Inc had its credit rating cut one notch by Standard& Poor's, which cited a new methodology for evaluating insurers and Berkshire's dependence on its insurance business for dividend income.
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Stocks ended near session lows Thursday pressured by a handful of weak economic data and as some Fed officials stated their openness to tapering the central bank's bond-buying program in the coming months.
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Berkshire Hathaway owns 11 percent of the ratings agency. Will this keep it from getting downgraded by Moody's?
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*Cisco's stock flies after earnings, outlook. NEW YORK, May 16- U.S. stocks advanced modestly on Thursday as Cisco led gains in blue chips and technology stocks following strong earnings, offsetting concerns about softer-than-expected data on the manufacturing sector and labor market.
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May 16- Credit-rating agency Standard& Poor's on Thursday cut its rating on Berkshire Hathaway Inc, the insurance and industrial conglomerate controlled by billionaire investor Warren Buffett, one notch, citing the company's reliance on its insurance operations for dividend income.
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S&P downgraded Berkshire Hathaway's counterparty credit rating to "double A" from "double A plus" with a negative outlook.
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U.S. stock index futures were flat Thursday as investors digested a handful of weaker-than-expected economic data against upbeat earnings report from Cisco.
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May 16- Credit rating agency Standard& Poor's on Thursday cut its rating on Berkshire Hathaway Inc, the insurance and industrial conglomerate controlled by billionaire investor Warren Buffett, by one notch, citing the company's reliance on its insurance operations for dividend income.
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You’ve got to be one heck of a business person to get called out by Jim Cramer. Who made the list?
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It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
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*Wells Fargo stake grows to nearly $17 billion. May 15- Warren Buffett's Berkshire Hathaway Inc on Wednesday revealed a new investment in Chicago Bridge& Iron Co and said it has added to its largest equity holding, Wells Fargo& Co..
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May 15- Warren Buffett's Berkshire Hathaway Inc on Wednesday revealed a new investment in Chicago Bridge& Iron Co and said it has added to one of its largest equity holdings, Wells Fargo& Co..
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Warren Buffett's Berkshire Hathaway has eliminated its holdings of two stocks: Archer Daniels Midland and General Dynamics.
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It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
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NEW YORK-- Ally Financial Inc. said Tuesday that it agreed to back a settlement plan to resolve potential financial claims stemming from its bankrupt mortgage division, Residential Capital LLC. The only exception: securities claims by the Federal Housing Finance Agency and the Federal Deposit Insurance Corp. in its role as receiver for certain failed banks.
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Family-run firms are shaking up the consumer deals market, squeezing out private-equity firms and forcing them to change strategy.
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LONDON, May 14- From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
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NEW YORK, May 13- The $23 billion sale of ketchup maker H.J.Heinz Co to Berkshire Hathaway Inc and buyout firm 3 G Capital, Avis Budget Group's takeover of Zipcar, and the $6.9 billion leveraged buyout of BMC Software, have one common link: Kirkland& Ellis LLP.
