Warren Buffett and Bill Gates sparked some speculation and discussion with their visit to Canada's oil sands region, but there's no hard evidence that they have actually invested, or will invest, in the energy source that some see as an alternative to U.S. reliance on Middle Eastern oil. Even so, shares of Canadian Natural rallied today by just over seven percent to close at $82.91 in New York.
Warren Buffett and Bill Gates flew into northeastern Alberta, Canada, yesterday (Monday) for a "quiet" visit to a multi-billion dollar project that, in effect, extracts oil from rocks. The Calgary Herald reports on its website tonight (Tuesday) that Buffett and Gates were impressed by their tour of the Canadian Natural Resources Horizon oil sands development north of the small, but booming, city of Fort McMurray, roughly 1600 miles northwest from Omaha.
Warren Buffett will make multiple live appearances throughout the three hours of CNBC's Squawk Box this coming Friday morning, August 22. He'll be sitting down with our own Becky Quick, who is traveling to Omaha for the premiere the night before of a new anti-deficit documentary that includes an appearance by Buffett.
Stocks ended a mundane week mixed, despite modest gains Friday fueled by plunging oil prices that nevertheless couldn't offset a cautionary trading environment.
Wall Street shook off more signs of consumer weakness and instead focused on plunging oil prices, sending stocks up as financials continued to gain.
It’s prime whale watching season as the Street’s biggest money managers submit quarterly filings. What do they know that you don’t?
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."
Warren Buffett's Berkshire Hathaway is expected to file its quarterly portfolio snapshot with the SEC later today (Thursday.) The report of Berkshire's publicly-traded U.S. stock holdings as of June 30 should give us some clues on whether Buffett took advantage of price declines to add to his holdings.
While the headline appears to be more confident than the piece itself, in Warren Buffett Will Buy This Stock Next, Stockpickr's James Altucher identifies two stocks that might be attractive to Warren Buffett as he continues his search for a big acquisition.
Berkshire Hathaway's second quarter earnings release shows operating profits are down as the insurance industry suffers. Berkshire's long-term potential profits from the stocks it holds are down even more as Wall Street struggled in the first half of the year.
Berkshire Hathaway said Friday second-quarter profit fell 8 percent, hurt by weaker results from insurance underwriting.
Warren Buffett's Berkshire Hathaway is scheduled to release its second quarter earnings report after the 4pm ET closing bell today, Friday. While the consensus forecast has slipped a bit, and calls for another down quarter, Buffett bulls are keeping their eyes on the long-term.
Sounding a lot like Warren Buffett, Australia's richest person says his billions won't be going to his children. Why Andrew "Twiggy" Forrest wants to avoid dying a rich man, and what he plans to do to avoid that fate.
Qualifying rounds - Day Three: A huge rally in Europe and the US changed the leaderboard picture again. After two days of polling, many of you still see Korea's Kospi in the medal round.
As we enter day two of the qualifying rounds, all major indices were down but Australia's ASX has taken the lead, followed by India's Bombay Sensex. In our poll's early voting, many of you suggested that Israel's T25 might be in contention for a medal despite a rough couple of days. Here are some stats and stocks from Israel.
Jon Hilsenrath, money and investing editor at The Wall Street Journal, offered CNBC his weekly "Five for Five": the five stocks investors must watch this week.
Warren Buffett will participate in a live Omaha "town hall" event to be seen in hundreds of movie theaters across the nation, following the screening of a documentary movie that argues the U.S. is going broke.
Warren Buffett's Berkshire Hathaway tells us the holding company's second quarter earnings report will be released after the closing bell a week from tomorrow, on Friday, August 8. If the small number of analysts who follow the company are right, operating profits will be up for the first time since last summer, but they'll still be well below last year's second quarter.
Warren Buffett's Berkshire Hathaway hit a new milestone today (Monday) in a descent that had already put the stock into a 'bear market.' The class A shares closed exactly 25 percent below the all-time high set last December. Some long-time Buffett bulls see an increasingly ripe buying opportunity.
Barack Obama calls on Warren Buffett, among others, as he turns his attention to the troubled U.S. economy now that he's returned from his international tour that featured a well-attended speech in Berlin.