The company eliminated its holdings of Dish Network and GlaxoSmithKline, and trimmed its holdings in several other names.» Read More
Following are the week’s biggest winners and losers. Find out why shares of Hewlett-Packard popped while JP Morgan and the New York Times dropped.
Warren Buffett's Berkshire Hathaway has agreed to make a new $300 million investment in USG Corporation, sending shares soaring for the big Chicago-based building materials maker. But USG will be paying a high interest rate for Buffett's "expression of confidence."
Warren Buffett's Berkshire Hathaway sharply increased its stake in ConocoPhillips this spring and summer, accumulating a total of 84 million shares as of the end of the third quarter on September 30, according to Berkshire's just-released quarterly portfolio filing with the SEC.
In this Web Extra the traders give you two trades for Tuesday. Since Dylan had the night off the traders put this one together by themselves. Giddyup!
Warren Buffett's Berkshire Hathaway has added a new stake in NRG Energy, according to a just-released portfolio 'snapshot' of its holdings in U.S. publicly-traded stocks as of June 30. A sharply reduced stake in Anheuser-Busch may have been a bet that InBev's initially unsolicited offer for the U.S. brewer would prove to be unsuccessful. Conoco-Phillips data is kept "confidential."
A hedge fund manager argues in the WSJ that the housing market is bottoming. Is he right… or out of his mind?
With asset prices falling and the markets in turmoil, there's been lots of speculation that this could very well be Warren Buffett's 'opportunity time' as the "last buyer standing." Today, the Wall Street Journal focuses on Buffett's potential opportunities. He tells the Journal, "I can spend money faster than Imelda Marcos when things are right" .. but when it comes to specifics it's up to everyone else to just keep guessing.
Several trends are very much in evidence today, including housing, corporate bonds and inflation.
Building materials maker USG posted sharply lower second-quarter earnings on Tuesday and said the housing market downturn was likely to continue for some time.
On Wall Street, the Berkshire Hathaway chief is a god. But does he still have his mojo after all these years?Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The guys go behind the headlines and give you their take on... the family behind Dow Jones agreeing to meet with Rupert Murdoch... Wal-Mart's $15 billion buyback ... and more. Find out where they see fast money.
Hey everyone, guest blogger Jeff Mishlove is here with his picks for this last day of the trading week. We'll get right to his thoughts: Wednesday’s picks illustrated the principle (I’ve often emphasized on CNBC’s “How to Win” program) that the short-squeeze strategy is productive of large moves in both directions. Of course, I am not privy to inside information, so if the earnings report is below expectations, we can see a large downward move..
Picking through the housing rubble, Guy has a strong recommendation on Toll Brothers (TOL). It’s a homebuilder that doesn’t have the same exposure to the subprime contagion because it tends to work in the higher-end of the homebuilding world.
Cramer's got some advice for holders of Yahoo!, NYSE Group and Ford and more...