From advice they've received to their own motivational nuggets, here are bits of wisdom from some of business' boldface names.» Read More
Warren Buffett may be making big cuts in his PetroChina holdings, but another very well-known international investor is sticking with the big Chinese energy company. Mark Mobius says just because Buffett is selling, don't assume the stock is going lower. Indeed, Buffett may have something very different in mind.
The PetroChina selling continues and continues to accelerate at Warren Buffett's Berkshire Hathaway. In a filing with the SEC made public just moments ago, Berkshire reveals that as of September 30 its controversial stake in the Chinese energy company had dropped to just 3.1%. That follows a flurry of selling in September that brought the holdings from from just under 10% when the month started.
Another filing reveals that Warren Buffett's sales from his controversial PetroChina stake are accelerating. Is he going to get rid of all his holdings amid pressure from human rights activists?
Investment guru Warren Buffett's Berkshire Hathaway cut its holding in PetroChina again on Sept. 21, selling $102 million worth of shares in Asia's top oil and gas producer.
More U.S. railroads, less Chinese energy. That's the trend in just five words based on the latest filings from Warren Buffett's Berkshire Hathaway.
Warren Buffett's Berkshire Hathaway raises its Burlington Northern Santa Fe stake by exercising 7.8 million options to buy stock.
Should rumors and speculation about what Warren Buffett is, or might be, buying be ignored completely? The recent stock moves of supposed Buffett "targets" suggests the speculation could actually be a sell signal.
Warren Buffett's Berkshire Hathaway holding company has cuts its controversial stake in PetroChina to just under 8%. His motives for selling remain a matter of speculation between making money and making a statement.
Investment bank Bear Stearns is not holding talks about selling a stake to Warren Buffett or any other investors, contrary to news reports from Wednesday, CNBC's David Faber reported.
Legendary investor Warren Buffett may be considering buying a minority stake in the nation's fifth-largest investment bank, according to a newspaper report.
Lots of skepticism after today's New York Times report that Warren Buffett is among several investors talking with Bear Stearns about possibly taking a minority stake in the brokerage.
Omaha Police Department Public Information Office tells me today that there is a "possible suspect" in the attempted break-in at Warren Buffett's home earlier this month. The OPD says that as part of their ongoing investigation, "detectives obtained a surveillance photograph from a store" of the possible suspect.
Bear Stearns shares soared on Wednesday on a report that several investors, including Warren Buffett, may buy part of the Wall Street investment bank.
Just minutes ago, the New York Times reported on its web site that Warren Buffett, and several other outside investors, are in "serious talks" with Bear Stearns about buying a minority stake of as much as 20% of the troubled Wall Street firm. Our own Charlie Gasparino speaking on CNBC TV, however, says he doesn' know anything for sure, but he doubts that Buffett would want to buy a stake in Bear Stearns.
Warren Buffett's Burlington Northern increased its stake in freight railroad Burlington Northern Santa Fe again .. but not by much. That is, if you consider a half-million dollars to be not that much, and when you're talking about Warren Buffett, I suppose it really isn't.
The annual Forbes 400 ranking of the richest Americans is out, and Warren Buffett is keeping his number two slot with an estimated net worth of $52 billion, $7 billion behind Microsoft's Bill Gates with $59 billion.
Microsoft founder Bill Gates is the richest person in America for the 14th year in a row, followed by investor Warren Buffett, according to Forbes magazine's latest list of the wealthiest Americans.
Warren Buffett's Berkshire Hathaway holding company has bought some more call options on Burlington Northern Santa Fe, but not nearly as many as revealed in another filing earlier this month.
Warren Buffett's Berkshire Hathaway has once again trimmed its stake in PetroChina. The sale of 28 million shares for roughly $40 million reduces his stake to 8.93 percent from just over 11 percent earlier this year. The selling comes amid calls by human-rights activists for Buffett to divest from PetroChina due to the government-controlled company's ties with Sudan. Buffett, however, has said he couldn't influence the Chinese if he wanted to and most analysts think he's locking in profits.
We don't know for sure why Warren Buffett's Berkshire Hathaway has been reducing its stake in PetroChina, but he's been selling more shares than you might have thought. One group that's been urging Buffett to divest as a protest against China's "funding of the genocide in Darfur" thinks there's a message in the "steady series" of sales.