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
Warren Buffett's Berkshire Hathaway plans to sell its stakes in Union Pacific and Norfolk Southern, now that it plans to buy their competitor, Burlington Northern. Read More
The S&P closed higher on Tuesday after Warren Buffett stunned the Street and purchased Burlington Northern in what the billionaire investor called a bet on the U.S. economy. Read More
Just minutes after this morning's announcement that Berkshire Hathaway is paying $26 billion to acquire the 77 percent of Burlington Northern Santa Fe it doesn't already own, Warren Buffett spoke live by phone with Becky Quick and Joe Kernen on CNBC's Squawk Box. This is the complete transcript of their conversation. Read More
Railroads are up: Union Pacific and CSX up 7 percent, Norfolk Southern up 5 percent — and it's not because everyone thinks all the railroads will be bought out. Read More
Warren Buffet’s Berkshire Hathaway announced Tuesday it will acquire the remaining 77 percent stake in Burlington Northern Santa Fe that it doesn't already own for $100 a share in cash and stock. Art Hatfield, a transportation analyst with Morgan Keegan shared his insights on the decision.
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While the Burlington Northern deal is getting a lot of attention, it has not brought pre-open trading in the S&P futures into positive territory yet. Risk aversion has become a more prominent theme since last Wednesday, when the S&P 500 dropped below its 50-day moving average for the first time since July. Read More
Considering weakness in commodities is dragging down stocks Monday, should you sift through the rubble for buying opportunities? Or is the run done? Read More