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Wells Fargo & Co

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  • OMAHA, Neb., May 3- Warren Buffett puts on a good show. That show grew bigger as more than 40,000 Berkshire Hathaway shareholders poured into Omaha this weekend to celebrate his 50th anniversary running the company, at what the world's third-richest person calls Woodstock for Capitalists. Buffett and his chief lieutenant Charlie Munger answered their five...

  • OMAHA, Neb.— Berkshire Hathaway shareholders always celebrate Warren Buffett at the annual meeting, but amid the praise Saturday, investors also questioned a couple of the conglomerate's recent business moves. Buffett marked 50 years of leading Berkshire Saturday by spending hours answering questions alongside Vice Chairman Charlie Munger before an...

  • OMAHA, Neb., May 1- Warren Buffett's Berkshire Hathaway Inc on Friday said first-quarter profit rose 10 percent, and operating results easily beat forecasts, boosted by its railroad and insurance businesses and gains from derivatives. Net income for the Omaha, Nebraska- based insurance and investment conglomerate rose to $5.16 billion, or $3,143 per share, from...

  • OMAHA, Neb., May 1- Warren Buffett's Berkshire Hathaway Inc on Friday said first-quarter profit rose 10 percent, and operating results easily beat forecasts, boosted by its railroad and insurance businesses and gains from derivatives. Net income rose to $5.16 billion, or $3,143 per share, from $4.71 billion, or $2,862, a year earlier. Quarterly operating profit...

  • OMAHA, Neb.— Warren Buffett's company said Friday its first-quarter profit jumped 10 percent on the strength of its railroad and insurance businesses. Berkshire Hathaway Inc. earned $5.16 billion, or $3,143 per Class A share, during the first three months of 2015. That's up from $4.71 billion, or $2,862 per Class A share, last year. Berkshire Hathaway officials do...

  • Buffett's Berkshire set for pop on annual meeting Friday, 1 May 2015 | 10:44 AM ET

    Even though Warren Buffett is known for his long-term investing strategy, shares of his company Berkshire Hathaway may provide a short-term trade.

  • 7 years on from crisis, $150B in fines and penalties Thursday, 30 Apr 2015 | 2:32 PM ET
    Bank of America

    More than seven years after the global financial collapse, banks have paid more than $150 billion in fines and other penalties.

  • Chinese banks are clobbering the US: Bove Thursday, 30 Apr 2015 | 2:20 PM ET
    Richard Bove

    China's banks are taking over the world, or at least pushing their U.S. counterparts out of the leadership role, analyst Dick Bove says.

  • A credit thaw is offering more mortgage options Thursday, 30 Apr 2015 | 12:40 PM ET
    Bank of America branch in New York.

    As it gets easier to get a mortgage, more lenders are getting creative in what they are offering consumers.

  • Buffett losing mojo on his economic 'moats' Thursday, 30 Apr 2015 | 10:36 AM ET
    Warren Buffett

    Some of Warren Buffett's biggest investment may be losing their "mojo."

  • *Q1 adjusted EPS $1.36 vs $1.25 forecast. *Raises 2015 adjusted EPS forecast to $5.05- $5.35. TEL AVIV, April 30- Teva Pharmaceutical Industries raised its 2015 earnings forecast after beating first-quarter estimates, and said it would devote "all necessary resources" to its $40 billion- plus bid for rival Mylan Inc..

  • NEW YORK, April 30- Warren Buffett has carved out a core stock-picking strategy of investing in companies with strong economic "moats," businesses that have built, fortified and generated success from well-known brands that make it difficult for them to succumb to competitive forces. Stalwarts like International Business Machines, Coca-Cola Inc, Procter&...

  • Final Glance: Banks companies Wednesday, 29 Apr 2015 | 6:14 PM ET

    Bank of America Corp. rose$. 33 or 2.1 percent, to $15.98. Citigroup Inc. rose$. 74 or 1.4 percent, to $53.76. Goldman Sachs rose $1.07 or. 5 percent, to $198.56.

  • Midday Glance: Banks companies Wednesday, 29 Apr 2015 | 2:53 PM ET

    Bank of America Corp. rose$. 31 or 2.0 percent, to $15.96. Citigroup Inc. rose$. 49 or. 9 percent, to $53.51. US Bank fell$. 01 or percent, to $42.86.

  • Early Glance: Banks companies Wednesday, 29 Apr 2015 | 10:45 AM ET

    Bank of America Corp. rose$. 17 or 1.1 percent, to $15.82. Citigroup Inc. rose$. 33 or. 6 percent, to $53.35. US Bank rose$. 17 or. 4 percent, to $43.04.

  • Final Glance: Banks companies Tuesday, 28 Apr 2015 | 6:04 PM ET

    Bank of America Corp. rose$. 09 or. 6 percent, to $15.65. Citigroup Inc. rose$. 22 or. 4 percent, to $53.02. Goldman Sachs rose$. 97 or. 5 percent, to $197.49.

  • Govt fines bank millions for illegal overdraft fees Tuesday, 28 Apr 2015 | 4:53 PM ET
    A file photo of a Regions Bank branch in Birmington, Ala.

    The Consumer Financial Protection Bureau is coming down on illegal overdraft fees, fining Regions Bank $7.5 million.

  • Midday Glance: Banks companies Tuesday, 28 Apr 2015 | 1:50 PM ET

    Bank of America Corp. rose$. 07 or. 4 percent, to $15.63. Citigroup Inc. fell$. 11 or. 2 percent, to $52.70. Goldman Sachs rose$. 32 or. 2 percent, to $196.84.

  • *Q3 North America sales down 24 pct at $493 mln. April 28- Coach Inc reported its worst decline in sales in seven quarters in North America, raising concerns that the handbag and accessories maker's turnaround efforts were failing to gain traction in a highly competitive market. The maker of Poppy handbags has been losing out to newer entrants such as Michael Kors...

  • Early Glance: Banks companies Tuesday, 28 Apr 2015 | 10:39 AM ET

    Bank of America Corp. fell$. 03 or. 2 percent, to $15.54. Citigroup Inc. fell$. 27 or. 5 percent, to $52.53. Goldman Sachs fell$. 17 or. 1 percent, to $196.35.