This is part one of the preliminary transcript and video clips of Warren Buffett's appearances on CNBC's Squawk Box on Monday, March 9, 2009.
Personalized medicine represents a paradigm shift from the “blockbuster” model in drug development that focuses on understanding and crafting treatments for specific diseases, not specific patients, writes Paul Stoffels, M.D., Company Group Chairman, Global Research and Development, Pharmaceuticals, Johnson & Johnson.
As General Electric continues to fall, the company that once boasted a half trillion dollar market cap, is now at risk of falling out of the Top 20 biggest companies in the S&P 500.
Robert Lloyd of the AIM Summit Fund is not banking on a quick recovery in the economy. So what's his investment strategy?
Two months into the year, the average dividend yield of the Dow 30 has continued to rise since the start of 2009, despite some significant dividend cuts like those from CNBC parent, General Electric. See how the 30 companies in the Dow compare.
The Dow Industrials, Dow Transports, and Dow Utilities are all hitting multi-year lows now. While the Dow Industrials and Dow Transports have been closing at new lows for days, the Dow Utilities closed below its October low for the first time on Friday.
In his annual letter to Berkshire Hathaway shareholders, Warren Buffett says he did some "dumb things in investments" last year, while defending Berkshire's "equity put" derivatives contracts. Buffett also predicts the economy will "be in shambles throughout 2009 - and for that matter, probably well beyond - but that conclusion does not tell us whether the stock market will rise or fall." He's still optimistic for the long-term, however, again pointing out that "our country has faced far worse travails in the past" but always "we've overcome them." He says confidently, "America's best days lie ahead."
Plus, Cramer explains how the SPDR Gold Shares ETF works and why he thinks Warren Buffett shouldn't talk about buying America.
Speculation offers the chance for big returns, which is just the thing investors need right now.
Stocks tumbled Friday and the S&P hit a 12-year low as news of the government's stake in Citigroup and General Electric slashing its dividend stirred worry in the market.
In today's initial sell off, the Dow was down over 50% since its Oct 2007 peak. Here are more key dates for the Dow & S&P, both on a closing and intraday basis:
The Lightning Round is extended in this CNBC.com exclusive feature.
Big pharma has to change the way it sells drugs. That's the conclusion of a new PricewaterhouseCoopers report about what the industry will look like in 2020, which calls the big pharma sales model "increasingly ineffective."
Cramer makes the call on viewers' favorite stocks.
Finishing the day at 7,114.78 yesterday, the Dow closed at its lowest level since May 7, 1997. 7 of the 30 current Dow components were not in the index when the Dow last saw these levels.
As the Dow now contains five stocks under $10 (GM, C, BAC, AA, & GE), the Dow Industrials index has come under greater scrutiny on whether it is still a good gauge of the overall market.
Regarded as a safe investment, gold often shines during turbulent times when increased demand typically drives up prices. For the first time since last March, gold settled above $1,000 an ounce on Friday. Since its low back in November, when gold was just over $700 an ounce, the bullion has risen 42%. During the same period the S&P 500 has plunged 15%.
CNBC's Jim Cramer has been critical of Warren Buffett's decision to sell some stocks in the Berkshire Hathaway portfolio, in part because it appears to contradict Buffett's public call to buy U.S. stocks last fall. But there is another way of looking at it.
After warning CNBC viewers not to follow Warren Buffett's recent stock moves, Jim Cramer goes into greater detail today about how Buffett was "selling America" last fall even as he publicly urged investors to buy American stocks.
CNBC Mad Money host Jim Cramer doesn't like what he sees in Warren Buffett's latest stock moves for Berkshire Hathaway, and doesn't think ordinary investors should follow the Omaha billionaire's lead this time around. Buffett has "the luxury of being wrong. The rest of us do not."