Warren Buffett tells CNBC that when it comes to possible acquisitions, there aren't many "elephants" out there and not all of them want to be in the Berkshire Hathaway "zoo." Appearing live from Omaha on CNBC's Squawk Box this morning, Buffett tells Becky Quick he doesn't have any "high probability" deals in the works now. While he's not necessarily scared away by higher stock prices, they do make it harder to find a deal now than two years ago.
The Securities and Exchange Commission's charges against ex-Goldman Sachs board member Rajat Gupta on insider trading is yet another blow to investor confidence, Matthew Halbower, CEO and chief investment officer of hedge fund Pentwater Capital Management, told CNBC Tuesday.
The SEC is accusing former Goldman Sachs board member Rajat Gupta with illegally giving Galleon hedge fund founder Raj Rajaratnam advance notice of Berkshire Hathaway's $5 billion dollar investment in Goldman at the height of the credit crisis.
Wall Street appears to like Warren Buffett's "itchy trigger finger" for a major acquisition and his economic optimism, two of the major themes in his new annual letter to shareholders. Amid a lot of speculation about possible targets for Buffett's reloaded "elephant gun," shares of Berkshire Hathaway rallied by almost three percent today, bringing both share classes to fresh 2-1/2 year closing highs.
Years of improvement in fuel efficiency and capacity have made it easier to steal business from the trucking business and cope with rising fuel prices.
Warren Buffett's itchy trigger fingers gets most of the attention in the day-after headlines about his latest annual letter to shareholders, but his long-term optimism about the United States' economic future also gets some mentions.
In his annual letter to Berkshire Hathaway shareholders released this morning, Warren Buffett says more "major" acquisitions are needed to maintain growth in the company's non-insurance businesses at a "decent rate."
As the centennial of its opening nears, the Panama Canal is due to shake up international trade once more, a point rails and ports across the United States readily acknowledge.
Set your alarm clocks. No sleeping late this Saturday. Warren Buffett's Berkshire Hathaway will post its 2010 Annual Report, Q4 earnings, and Buffett's folksy-funny annual letter to shareholders around 8 AM ET.
For the fourth straight year, Warren Buffett will be answering your questions during a special three-hour live appearance starting at 6a ET, Wednesday, March 2 on CNBC's Squawk Box. Our Becky Quick will be in Omaha for the event. Here's how you can suggest a question for Buffett.
Luck is a recurring theme in a White House video clip of 2010 Presidential Medal of Freedom recipient Warren Buffett.
The world’s largest medical device company, Johnson & Johnson, expects to have all the products recalled last year on the shelves again by the end of this year, William Weldon, CEO of Johnson and Johnson, told CNBC Thursday.
Warren Buffett was smiling today at the White House as Barack Obama presented him with the nation's highest civilian honor, the Presidential Medal of Freedom. And while Mr. Obama's anecdote about Buffett's early misadventures in stockpicking elicted laughter, there's also a serious investing lesson to be learned.
SAC Capital increased its holding in Apple and Greenlight Capital increased its stake in Sprint Nextel, according to new SEC filings.
The most recent whale-watch filings at the SEC become more interesting when you contemplate not merely who is betting on what but who is betting against whom.
Warren Buffett's Berkshire Hathaway was doing some selling in last year's fourth quarter. Its quarterly portfolio filing with the SEC shows that as of December 31, Berkshire had no holdings for eight stocks that had been listed in its Q3 portfolio filing.
Here's some weekend listening. The Financial Crisis Inquiry Commission has posted a two-hour audio recording of the interview its staff did with Warren Buffett in his Omaha office on May 26, 2010.
"Defaults are not likely to exceed $20 billion, which is less than 1 percent of all municipal bonds outstanding," Richard Larkin, senior vice president and director of credit analysis at investment bank Herbert J. Sims, said.
How much do you know about whistleblowers?
BlackRock, the big money management firm led by Laurence Fink, tells the SEC it held 6.6 percent of Berkshire Hathaway's Class B shares at the end of December. That appears to be an increase from 5.1 percent.