Warren Buffett says investors would be wrong to think Berkshire Hathaway's elimination of eight stocks from its portfolio during last year's fourth quarter means he's negative on the companies that were sold.
Warren Buffett tells CNBC he thinks the government should reduce its efforts to stimulate the U.S. economy now that the recovery is gradually picking up steam.
Warren Buffett predicts the United States will "create more jobs this year than we did last year." During his live appearance this morning on CNBC's Squawk Box, Buffett said productivity gains had been allowing businesses to increase output without adding jobs. Now, that "period is largely over."
Warren Buffett got some laughs during his live appearance on Squawk Box this morning by showing off his Fruit of the Loom tie. Pointing out that the Berkshire Hathaway subsidiary's motto is "we cover the asses of the masses," Buffett told Joe Kernen he was wearing that tie in Joe's honor.
Live on Squawk Box
Buffett apppeared live on Squawk Box on March 2, 2011.
Warren Buffett, chairman & CEO of Berkshire Hathaway, says his company doesn't need to 'schmooze' with Wall Street or investor relations.
The Oracle speaks, sky-rocketing oil prices, a new toy from Apple and more testimony from Helicopter Ben. Here's some of what we’re watching – and therefore you should as well.
Warren Buffett tells CNBC that when it comes to possible acquisitions, there aren't many "elephants" out there and not all of them want to be in the Berkshire Hathaway "zoo." Appearing live from Omaha on CNBC's Squawk Box this morning, Buffett tells Becky Quick he doesn't have any "high probability" deals in the works now. While he's not necessarily scared away by higher stock prices, they do make it harder to find a deal now than two years ago.
The Securities and Exchange Commission's charges against ex-Goldman Sachs board member Rajat Gupta on insider trading is yet another blow to investor confidence, Matthew Halbower, CEO and chief investment officer of hedge fund Pentwater Capital Management, told CNBC Tuesday.
The "Mad Money" host also discusses Goldman Sachs and some strong financials from Canada.
The SEC is accusing former Goldman Sachs board member Rajat Gupta with illegally giving Galleon hedge fund founder Raj Rajaratnam advance notice of Berkshire Hathaway's $5 billion dollar investment in Goldman at the height of the credit crisis.
Wall Street appears to like Warren Buffett's "itchy trigger finger" for a major acquisition and his economic optimism, two of the major themes in his new annual letter to shareholders. Amid a lot of speculation about possible targets for Buffett's reloaded "elephant gun," shares of Berkshire Hathaway rallied by almost three percent today, bringing both share classes to fresh 2-1/2 year closing highs.
Stocks closed February on a strong note, leading to three consecutive months of gains, as all the major indices gained in the final minutes of trading. J&J and Verizon rose, while Intel fell.
Stocks traded mixed Monday, as blue chips advanced and small stocks slumped, yet the market was still on track to start the year with two straight months of gains. Johnson & Johnson and HP gained, while Intel fell.
The "Mad Money" host also suggests a derivatives play on the Nationwide deal.
Years of improvement in fuel efficiency and capacity have made it easier to steal business from the trucking business and cope with rising fuel prices.
Stocks pared gains but remained solidly higher after a mixed batch of economic news, and as oil prices eased from recent highs. 3M and Pfizer rose, while Intel fell.
Stock index futures rose ahead of the open Monday despite news consumer spending rose at a slower pace than income growth last month.
Warren Buffett's itchy trigger fingers gets most of the attention in the day-after headlines about his latest annual letter to shareholders, but his long-term optimism about the United States' economic future also gets some mentions.