Warren Buffett sells more than 245 million Tesco shares
Oct 16, 2014 at 23:17 | Source:
Warren Buffett's Berkshire Hathaway investment company has sold more than 245 million shares in supermarket giant Tesco. The sale brings Berkshire's holding to below 3%. Earlier this month, Mr Buffett, nick-named the Sage of Omaha , said hi...
China's Fosun joins bidding war for Portuguese hospital operator
Sep 23, 2014 at 15:31 | Source:
China's biggest privately-held conglomerate Fosun has joined a bidding war for the Portuguese hospital operator Espirito Santo Saude (ESS). Fosun is offering 451m euros (£355m; $580m) for the business, which is 51% owned by the Espirito Santo f...
Carmaker BYD sees shares rebound after 8% fall
Aug 26, 2014 at 00:57 | Source:
Shares in the Chinese car and battery maker BYD fell by more than 8% in Hong Kong trade on Monday, a day after the firm posted worse than expected first half earnings. The Shenzhen-based company said its net profit for the six months to June this yea...
Warren Buffett's Berkshire Hathaway shares top $200,000
Aug 14, 2014 at 23:57 | Source:
Shares in Warren Buffett's Berkshire Hathaway have surpassed $200,000 (£120,000) for the first time. That values the firm - which has added over 70 companies since Mr Buffett took it over in the 1960s - at an estimated $326bn. The company'...
Financial investment success: How much luck is needed?
Aug 14, 2014 at 23:57 | Source:
How much luck do you need to be a successful investor? More than you might think, according to one senior US strategist. Chance or luck is a vital part of every great investor's fortunes, says Michael Mauboussin, head of global financial strateg...
Book Review: Timothy P. Vick's 'How to pick stocks like Warren Buffett'
Aug 04, 2014 at 12:52 | Source:
On the 2014 Forbes rich list, Warren Buffett ranks fourth with a net worth of $61.6 billion. While most people on the list tend to be business tycoons or heirs, Buffett is unique in that he has made his fortune entirely from the capital market. His ...
Buffett donates $2.8 billion to Gates, family charities
Jul 16, 2014 at 02:45 | Source:
REUTERS - Warren Buffett this week donated $2.8 billion of Berkshire Hathaway Inc stock to five charities, as part of the billionaire's plan to give away nearly all of his wealth.Buffett donated about 21.73 million Class "B" shares of Berks...
Sensex and Budget 2014-15: Why we can't rule out a short-term fall
Jul 07, 2014 at 13:36 | Source:
The stock markets have been having a ball for some months now, ever since they smelt a change in government, and especially after the installation of the Narendra Modi government with a clear BJP majority. The Bombay Stock Exchange Sensex is hovering...
U.S. stocks end higher as ‘buy the dip’ takes hold
May 17, 2014 at 13:47 | Source:
NEW YORK (MarketWatch) — The U.S. stock market closed higher Friday after an abrupt late-day reversal. Analysts attributed such a move to ‘buying the dip’ strategy that has been the theme in the past few months. Stocks traded in negative terri...
What investors should really worry about
May 17, 2014 at 05:22 | Source:
After a brief respite from the doom-and-gloom chorus of the past five years, it seems as though the bear chorus has recently picked up again. They are hoping beyond hope that they are finally right. And hoping that they get their second chance to bu...
U.S. stock futures ease; PPI climbs
May 15, 2014 at 09:52 | Source:
NEW YORK (MarketWatch) — U.S. stock futures drifted south as investors assessed a bigger-than-expected rise in wholesales prices index and mixed earnings results from Macy’s, Deere & Co. and Plug Power Inc. Investors are also waiting to see if m...
Plug Power slides on results; Fossil down on outlook
May 15, 2014 at 01:57 | Source:
SAN FRANCISCO (MarketWatch) — Plug Power Inc. dropped Wednesday after the fuel-cell company reported weak quarterly results, while a downbeat outlook weighed on Fossil Group Inc. Plug Power (NASDAQ:PLUG) retreated 7.6% after the firm reported a ...
Stock futures flat ahead of Macy’s, Deere results
May 14, 2014 at 16:37 | Source:
MADRID (MarketWatch) — Stock futures stuck to the flat line with little economic data on tap, but earnings from Macy’s Inc. and Deere & Co. in focus, while investors wait to see if major indexes can keep up their record-setting ways. Futures for...
Warren Buffett's managerial ethos: Anachronistic, but very effective
May 07, 2014 at 09:51 | Source:
By Andrew Ross Sorkin "By the standards of the rest of the world, we overtrust. So far it has worked very well for us. Some would see it as weakness." That was Charlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett's best friend, spea...
Buffett's Heinz Sequel May Be His Biggest Deal: Real M&A
May 06, 2014 at 11:57 | Source:
The busiest period for mega-deals in seven years may be an appetizer to Warren Buffett's biggest takeover yet. The 83-year-old chairman of Berkshire Hathaway Inc. (BRK/A) told shareholders May 3 that he'd welcome another large deal wi...