U.S. stocks closed higher, recovering from the prior day's selloff, as investors eyed higher Treasury yields and looked for signs of economic growth.» Read More
While the stock market continues to trade sideways, some investors seem to be turning negative on a number of S&P 500 stocks.
Buffett on making "dumb deals." This is part five of the transcript and video of Warren Buffett's 'Ask Warren' appearance on CNBC's Squawk Box on Monday, March 1, 2010. Topics include: Buffett's view on Kraft's acquisition of Cadbury, global warming, Goldman Sachs, Moody's, and Greece's debt problem.
Getting past "Pearl Harbor." This is part one of the transcript and video of Warren Buffett's 'Ask Warren' appearance on CNBC's Squawk Box on Monday, March 1, 2010.
Warren Buffett has a new nugget of pithy advice for investors in his latest letter to Berkshire shareholders: "When it's raining gold, reach for a bucket, not a thimble." Buffett recalls that last year's letter called corporate and municipal bonds "ridiculously cheap" compared to U.S. Treasuries. And we says Berkshire did "back" that view by making some purchases, but "I should have done far more. Big opportunities come infrequently."
Imagine if, one year ago, Congress had passed a stimulus bill that really worked. The New York Times explains that's exactly what happened.
As financial markets panic about the risks to the euro from laxer governments in southern Europe, the northern Baltic states are already in tight fiscal bandages as they experience Europe's most severe recession.
Warren Buffett's Berkshire Hathaway has lost its last remaining triple-A credit rating. Standard & Poor's dropped its ratings on Berkshire and its core subsidiaries from the top-level AAA to AA+.
Futures fell sharply Thursday after a surprise jump in jobless claims, a disappointing signal on the employment front ahead of Friday's jobs report.
What follows is a roundup of corporate earnings reports for Thursday, Feb. 4.
Asia's banking sector will return to stability this year driven by better economic conditions throughout the region, said Deborah Schuler, senior vice president for financial institutions group at Moody's Investors Service.
Warren Buffett's Berkshire Hathaway continues to trim its stake in Moody's with another reported sale. This latest reduction, however, is relatively small compared to recent days.
Warren Buffett's Berkshire Hathaway has cut its stake in Moody's to 13.5 percent after selling another 3.5 million shares of the credit rating agency.
Berkshire Hathaway stake in Moody's has dropped just below 15 percent, after Warren Buffett's company sold more than 2.7 million shares over two days, raising almost $68 million.
The United States and Britain must take action soon to get their public finances in order if they want to avoid threats to their top triple-A credit ratings, a leading credit ratings agency said Tuesday.
When the financial crisis began, few players on Wall Street looked more ripe for reform than the Big Three credit rating agencies.
In what appears to be a bet consumers will stick with discount retailers even after the economy rebounds, Warren Buffett's Berkshire Hathaway increased its Wal-Mart holdings by almost 90 percent during the summer. It added almost 18 million shares, currently worth almost $1 billion, in the third quarter.
"There are no fundamentals right now that drive the market," says Joe Terranova, "It's all about technicals."
How can you invest along the same principles as Warren Buffett? James Altucher, managing director of Formula Capital, shared his insights.
Warren Buffett's Berkshire Hathaway unloaded just over one million more shares of Moody's last week after the credit rating agency's stock price rebounded to the mid-$20s.
At the end of September, we looked at analysts' price targets for the S&P 500 to see which stocks had the greatest expected gains in the months ahead. So far, 3 out of the October 1 top 5 and 6 out of the top 10 are trading to the upside. Here is the current list of 15 stocks expected to pop (and another 15 expected to drop).