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Warren Buffett Watch Warren Buffett

  • April 27- Duracell, a unit of Warren Buffett's Berkshire Hathaway Inc, on Thursday filed a lawsuit accusing a Missouri wholesaler of illegally selling gray market versions of its copper-top alkaline batteries. According to a complaint filed in federal court in Chicago, JRS Ventures Inc is importing and selling batteries made in China that were intended for...

  • MUNICH, April 27- Joachim Wenning admitted he would not be to everyone's liking long before taking the helm of Germany's Munich Re. While shareholders praised von Bomhard for navigating the global financial crisis, low interest rates and declining reinsurance prices have eroded profit in recent years. "I'm glad that Mr Wenning has already agreed to take this on...

  • BOSTON/ DETROIT, April 25- Greenlight Capital, which has been pressuring General Motors Co to restructure its share class, said on Tuesday it believed the automaker's shareholders will vote in their best financial interests and support the hedge fund's two-class stock proposal and nominees for the board. Greenlight is run by billionaire investor David...

  • BOSTON/ DETROIT, April 25- Greenlight Capital, which has been pressuring General Motors Co to restructure its share class, said on Tuesday it believed the automaker's shareholders will vote in their best financial interests and support the hedge fund's two-class stock proposal and nominees for the board. Greenlight is run by billionaire investor David...

  • BOSTON/ DETROIT, April 25- Greenlight Capital, which has been pressuring General Motors Co to restructure its share class, said on Tuesday it believed the automaker's shareholders "will vote with their wallets" on the hedge fund's two-class stock proposal and slate of board nominees. In a broad-ranging letter to investors about the first quarter of 2017 seen by...

  • PONTE VEDRA BEACH, Fla./ BOSTON, April 25- Wells Fargo& Co shareholders showed displeasure with the scandal-hit bank's board on Tuesday, offering scant support for several directors, including Chairman Stephen Sanger, in a vote capping a contentious annual meeting. "Wells Fargo stockholders today have sent the entire Board a clear message of dissatisfaction,"...

  • PONTE VEDRA BEACH, Fla., April 25- Wells Fargo& Co's annual meeting was repeatedly interrupted on Tuesday by angry shareholders seeking answers about the bank's sales practices scandal ahead of a vote that could oust the majority of its board. said the first shareholder, Bruce Marks, chief executive of Neighborhood Assistance Corporation of America, before...

  • PONTE VEDRA BEACH, Fla., April 25- Wells Fargo& Co's annual meeting was repeatedly interrupted on Tuesday by angry shareholders seeking answers about the bank's sales practices scandal ahead of a vote that could oust the majority of its board. The meeting went into a brief recess after a shareholder made what Chairman Stephen Sanger called a "physical approach"...

  • Chairman and chief executive officer of Coca-Cola Muhtar Kent (L) attends a ceremony to announce the World's largest soft drink company Coca-Cola Co opened its 44th plant in China on April 11, 2017 in Changsha, Hunan Province of China.

    Coca-Cola's first-quarter earnings miss expectations by a penny a share.

  • Protesters outside a Wells Fargo building in New York.

    The next group of employees who could lose their jobs are Wells Fargo's board of directors, the NYT reports.

  • Food waste being processed into fertilizer.

    KDC Ag makes nutrient-rich fertilizer out of scraps.

  • NEW YORK, April 19- Wells Fargo& Co's largest investor, Warren Buffett, has likely already voted his shares to support the bank's recommendations at its contentious annual shareholder meeting next week, a representative told Reuters on Wednesday, which include reinstating most of the board's directors. Wells Fargo, the fourth-largest U.S. bank, has for months...

  • NEW YORK, April 19- Billionaire investor Warren Buffett supports Wells Fargo& Co's management and board of directors, and has likely already voted shares owned by him and and his conglomerate, Berkshire Hathaway Inc, in line with the bank's official suggestions, a representative told Reuters. Wells Fargo's board is facing a threat at a shareholder meeting next...

  • Warren Buffett

    Berkshire Hathaway is the largest IBM stakeholder, with 81.2 million shares worth about 8.6 percent of total shares outstanding.

  • *China govt considers delaying green car quotas. SHANGHAI, April 18- China's auto industry is charging ahead with aggressive plans to electrify cars even as policymakers scale back subsidies aimed at building sales from relatively low levels and consider tapping the brakes on sales quotas for plug-in cars. While green energy car sales have risen...

  • Mohnish Pabrai

    “Detroit went from being one of the worst places on the planet to build a car to one of the very best," says Pabrai.

  • *Buffett's popularity in China may aid marketing pact. April 17- A real estate brokerage controlled by Warren Buffett's Berkshire Hathaway Inc on Monday announced a marketing agreement with Juwai.com, China's largest international property website, to attract wealthy Chinese citizens hoping to buy homes in the United States. Including buyers from Hong...

  • April 17- Berkshire Hathaway HomeServices on Monday said it entered a marketing agreement with Juwai.com, China's largest international property website, to attract wealthy Chinese buyers looking to purchase homes in the United States. Berkshire Hathaway HomeServices may also be hoping to benefit from Buffett's popularity in China.

  • Billionaire investor Warren Buffett flips over a Dairy Queen Blizzard treat, the most successful product ever released in the history of Dairy Queen.

    Investment legends Jack Bogle and Warren Buffett don't recommend overseas investing. This may be one place to depart from their wisdom.

  • Tony Robbins

    Carl Icahn, Warren Buffett, Ray Dalio, John Bogle and others exhibit these traits.