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. Read More
Caterpillar posted better-than-expected earnings on Tuesday and raised its full-year forecast. Eli Lustgarten, analyst at Longbow Research, shared his analysis of the company and two other global construction firms. Read More
Following are the day’s biggest winners and losers. Find out why shares of Human Genome and CIT Group popped while BB&T and Weatherford dropped. Read More
Warren Buffett's Berkshire Hathaway was doing more selling than buying of stocks during the second quarter, but there is one new holding: New Jersey-based medical technology company Becton Dickinson. Berkshire also added to its stake in Johnson & Johnson, although the holdings are still well below where they were before Buffett sold over 33 million shares last fall. Read More
The Federal Reserve chairman’s Capitol Hill performance on Tuesday was necessary, Cramer says, to keep much-needed federal money flowing into the system. Things aren’t as bad as Uncle Ben made them seem. Read More