Where are the opportunities outside the United States and what is the best strategy for investors who want to put their money outside the country? David Winters, CEO of Wintergreen Advisers, shared his ideas.
Stocks retreated Wednesday, after soaring to fresh 15-month highs a day earlier, as some disappointing earnings and the dollar's gains clipped the market's momentum.
Berkshire Hathaway shareholders have approved the company's proposed 50-for-one stock split of its Class B shares. About 150 people gathered in Omaha for the special shareholders meeting, with most holders voting by proxy. The outcome was never in doubt.
If you're wondering about why the markets are weak today, the primary catalyst is China. Like it or not, China is the big kahuna in terms of economic growth. Also: The "worst mutual fund ever" shuts down.
Warren Buffett was interviewed live this morning (Wednesday) on CNBC's Squawk Box, ahead of a special Berkshire Hathaway shareholders meeting to approve the company's proposed Class B stock split. This is the first part of an unofficial transcript of the entire one-hour interview conducted by Becky Quick. In this section, Buffett criticizes President Obama's proposed tax on banks.
Warren Buffett tells CNBC in a live interview on Squawk Box this morning that he has "a lot of doubts" about Kraft's planned purchase of Cadbury and that he "feels poorer" in the wake of the deal. The deal does not need to be approved by shareholders, but "If I had a chance to vote on this, I'd vote no." But he rejected Joe Kernen's suggestion that he show his displeasure by selling Berkshire's stake of over 9 percent in Kraft. That, he says, would be too expensive because Kraft's stock is still "undervalued."
Stock index futures were lower Wednesday, indicating a pullback following the biggest gains for stocks since Jan. 4.
After years of opposing any split for Berkshire Hathaway's famously high-priced stock, shareholders meet tomorrow in Omaha to approve a 50-for-1 split for its Class B shares. The move is being justified as a way to make it easier for BNSF shareholders to receive tax-free stock instead of cash when the railroad is acquired by Berkshire. But some believe Buffett wouldn't mind if the split also clears the way for Berkshire's induction into the prestigious S&P 500 stock index.
Should you take advantage of the rare opportunity to own Berkshire Hathaway for less than $100 a share?
Warren Buffett's Berkshire Hathaway won't be able to make good on its threat to vote against Kraft's agreement to buy Cadbury, even though Kraft had to raise its bid again to nearly $19 billion to close the deal. Due to the way it is structured, Kraft shareholders won't need to approve the issuance of new shares. Buffett, however, may have something to say about the matter when he's interviewed live tomorrow morning on CNBC's Squawk Box.
Warren Buffett has a decision to make, now that Kraft is close to a friendly deal to acquire Cadbury for a sweetened bid of $19 billion, including a larger cash portion. Berkshire, Kraft's largest shareholder, had signaled it was against a higher bid, but also warned Kraft against using too much of its "undervalued" stock for a purchase.
Warren Buffett's Berkshire Hathaway will take on some risk that a cautious Swiss Re doesn't want right now, in a deal strengthening ties between the two companies.
In extended trade, investors were gaming food stocks after billionaire investor Bill Ackman followed Warren Buffet into Kraft with a 2 percent stake.
Bolstered by low rates and strong demand, companies and others have been rushing to issue a near record level of new debt since the start of the year and the trend should continue for now.
Retailers on Thursday will report December sales results, taking the wraps off their holiday season and possibly showing the best comparisons in 20 months.
Markets are looking quite positive for 2010, said James Paulsen, chief investment strategist at Wells Capital Management. Phil Orlando, chief equity market strategist at Federated Investors, agreed. They shared their market strategies with CNBC.
Markets opened flat on Wednesday, after a pair of private employment readings in anticipation of Friday's U.S. government jobs report. What should investors expect from the markets this month? Peter Costa, president of Empire Executions and CNBC market analyst, shared his insight.
The S&P finished higher Tuesday as Ford shares soared after better-than-expected sales. The Dow ended slightly lower after a sharp drop in pending-home sales. Financials had a strong day, with Bank of America finishing near the top of the Dow pack.
Try as they might to put on a brave face, Kraft management cannot be pleased that Warren Buffett chose to go public with his opposition to the company’s plan to issue up to 370 million shares to facilitate the purchase of Cadbury.
Corporate debt and equities both saw strong performances in 2009 so what should investors expect for 2010? Sam Stovall, chief investment strategist at Standard & Poor’s, shared his view.