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  • Warren Buffett is having an unusually bad year Wednesday, 18 Nov 2015 | 8:00 AM ET
    Warren Buffett

    In one respect, the Oracle of Omaha is having his first truly disappointing year since 1990.

  • *Airline, travel stocks slip after Paris attacks. Nov 16- Wall Street had its strongest session in three weeks on Monday, with sizeable gains in energy shares as investors bet Friday's deadly attacks in Paris would have little long-term impact on the U.S. economy and corporate earnings. U.S. oil prices rose after French air strikes in Syria in reaction to multiple...

  • *Airline, travel stocks slip after Paris attacks. Nov 16- Wall Street surged over 1 percent on Monday as investors bet Friday's deadly attacks in Paris would have little long-term effect on the U.S. economy and corporate earnings. U.S. oil prices rose after French air strikes in Syria in reaction to multiple attacks in Paris on Friday that killed 129 people, with...

  • *Airline, travel stocks slip after Paris attacks. Nov 16- Wall Street was higher in choppy trading on Monday with investors seeing little long-term economic impact from Friday's deadly attacks in Paris. "Expectations are that will have a modest potential economic impact," said Eric Wiegand, senior portfolio manager at the Private Client Reserve at U.S. Bank in New...

  • Nov 16- Warren Buffett's Berkshire Hathaway Inc on Monday said it reduced its stake in Goldman Sachs Group Inc by 13 percent during the third quarter, paring a successful investment it made during the height of the global financial crisis. In a U.S. Securities and Exchange Commission filing, Berkshire said it owned 10.96 million Goldman shares worth about $1.9...

  • *Crude oil higher after Paris attacks. Nov 16- U.S. stocks rose in early trading on Monday with investors seeing little long-term economic impact from Friday's deadly attacks in Paris. "Expectations are that will have a modest potential economic impact and, as a result, markets have the potential to look through this over the very near term," said Eric Wiegand, senior...

  • US STOCKS-Futures reverse course, turn negative Monday, 16 Nov 2015 | 9:12 AM ET

    *Crude oil higher after Paris attacks. *NYSE, Nasdaq to observe minute of silence at 9:25 a.m. ET. Nov 16- U.S. stock futures were slightly down on Monday after recovering most of their weekend losses following Friday's attacks in Paris.

  • *Crude oil higher after Friday's Paris attacks. Nov 16- U.S. stock futures were little changed on Monday, recovering from losses over the weekend following the deadly attacks in Paris on Friday that killed 129 people and injured hundreds. Crude prices rose as France launched large-scale air strikes against Islamic State targets in Syria.

  • Buffett: I won't sell anything due to Paris attacks Monday, 16 Nov 2015 | 8:14 AM ET
    Warren Buffett

    Billionaire Warren Buffett tells CNBC the terrorist attacks in Paris won't change his investment decisions.

  • The latest billionaire battle: Ackman v Buffett Wednesday, 11 Nov 2015 | 5:11 PM ET
    Warren Buffett and Bill Ackman

    At an event honoring Buffett's 50 years at Berkshire Hathaway, Bill Ackman openly criticized Buffett for his stake in Coca-Cola.

  • Nov 8- A Canadian Pacific freight train carrying crude oil through Wisconsin derailed on Sunday, knocking 13 cars off the tracks, spilling oil and leading 35 homes to be evacuated, in the state's second derailment in two days. No one was injured in the 2 p.m. incident in Watertown, about 50 miles west of Milwaukee, and workers stopped the leak, which company spokesman...

  • Nov 8- A Canadian Pacific freight train carrying crude oil through Wisconsin derailed on Sunday, knocking 12 cars off the tracks and spilling oil in the state's second derailment in two days. No one was injured in the incident in Watertown, about 50 miles west of Milwaukee, and workers stopped the leak, which company spokesman Martin Cej described as minor.

  • NEW YORK, Nov 6- Warren Buffett's Berkshire Hathaway Inc said quarterly profit doubled to a record high, reflecting a large gain on its stake in Kraft Heinz Co, while operating profit declined on weaker results from insurance underwriting. "Overall, quite decent operating earnings," said Jeff Matthews, a principal at the Ram Partners LP hedge fund and author of "...

  • NEW YORK, Nov 6- Warren Buffett's Berkshire Hathaway Inc said quarterly profit doubled to a record, reflecting a large gain on its stake in Kraft Heinz Co, while operating profit declined. Third-quarter net income rose to $9.43 billion, or $5,737 per Class A share, from $4.62 billion, or $2,811, a year earlier. Results reflected a roughly $4.4 billion after-tax gain...

  • UPDATE 1-Kraft Heinz to close 7 plants, cut 2,600 jobs Wednesday, 4 Nov 2015 | 4:09 PM ET

    Nov 4- Kraft Heinz Co, the maker of Jell-O and Heinz Tomato Ketchup, will close seven factories and lay off about 2,600 employees in North America, a company spokesman said. Shares of Kraft Heinz, which currently has about 44,100 employees, closed about 1 percent lower on Wednesday. Kraft Heinz will also move its Oscar Mayer processed meats business to Chicago from...

  • Kraft Heinz closing 7 factories, cutting 2,600 jobs Wednesday, 4 Nov 2015 | 3:37 PM ET
    Kraft and Heinz products.

    A spokesman for the company called the move "difficult but necessary."

  • WASHINGTON, Nov 4- When an Amtrak passenger train derailed in Philadelphia in May, killing eight people and injuring scores more, the railroad industry's campaign to delay a Dec. 31 deadline to install technology to prevent such disasters appeared to be finished. Last week, under pressure from companies including Buffett's BNSF Railway Co, which has spent more...

  • WASHINGTON, Nov 3- The third quarter of 2015 saw a record $52 billion in merger and acquisition announced deals in the defense and aerospace industry, more than the whole of 2014, according to a report released by the U.S. arm of audit firm PriceWaterhouseCoopers. In August, Warren Buffett's Berkshire Hathaway Inc bought Precision Castparts Corp for $32.3...

  • Oct 29- Valeant Pharmaceuticals International Inc's largest shareholder defended its investment in the embattled drug-maker, saying allegations against the company are false and that there is no legal case preventing ties to a specialty pharmacy. Fund manager Ruane, Cunniff& Goldfarb Inc, which has a history is entwined with legendary investor Warren...

  • BEIJING, Oct 29- Chinese automaker BYD Co, backed by Warren Buffett's Berkshire Hathaway, reported on Thursday a more than doubling of its quarterly net profit excluding special items, on the back of surging green-energy car sales. The Shenzhen- based automaker's performance comes as China's car market, the world's biggest, has been weighed down by the slowest...