IBTimes.com : Warren Buffett Topic

Warren Buffett eyes more newspapers: report

Thu, 24 May 2012 12:21:03 EDT

Warren Buffett's Berkshire Hathaway Inc is eyeing more newspapers, according to a memo posted on Jim Romenesko's media website. http://bit.ly/JLNPkE

Lithium Demand Will Rise Significantly: Mansur Khan

Thu, 17 May 2012 19:14:02 EDT

Lithium is lightest of all metallic elements, with low density and high electrochemical potential. These are essential characteristics that make the element especially suitable for use in various power-storage applications, including electric vehicles (EVs).

Gupta trial could feature big corporate stars

Thu, 17 May 2012 16:28:03 EDT

Lloyd Blankfein, Warren Buffett and other well-known chieftains of corporate America might be called to testify at the insider trading trial starting on Monday of former Goldman Sachs Group Inc and Procter & Gamble Co director Rajat Gupta.

Warren Buffett to buy Media General newspapers

Thu, 17 May 2012 12:00:05 EDT

Warren Buffett's Berkshire Hathaway Inc is boosting its bet on the newspaper industry, with a deal to buy the majority of Media General Inc's papers for $142 million in cash.

Gold Bust or Bust Out

Thu, 17 May 2012 03:04:15 EDT

The Oracle spoke and so it would be. Gold prices tumbled and the Oracle is proven divine as ever. As is my wont, I periodically check the financial channel throughout my day to catch the major headlines in order to have something to discuss at the water cooler. And, of course, something to discuss with all of you.

GM Shares Climb On News of Berkshire, Buffett Investment

Wed, 16 May 2012 19:25:37 EDT

Warren Buffett's investing powerhouse, Berkshire Hathaway Inc. (NYSE: BRK.B) took a 10 million share stake in General Motors Company (NYSE: GM) during the first quarter, an investment it disclosed Wednesday, delivering a 2.29 percent bump to car company's shares and a welcome dose of investor confidence.

Berkshire adds GM, Viacom positions in first quarter

Tue, 15 May 2012 17:42:04 EDT

Berkshire Hathaway added new positions in automaker General Motors and media conglomerate Viacom in the first quarter and cut its stake in chipmaker Intel by 33 percent, the conglomerate said in a quarterly holdings statement on Tuesday.

Deutsche Bank: Can An Indian Man Lead An Iconic German Company?

Mon, 14 May 2012 09:40:54 EDT

Deutsche Bank is as German as lederhosen, sauerkraut, beer and the Autobahn.

Union Suggests Millionaire’s Tax in Australia

Mon, 14 May 2012 01:48:13 EDT

The Australian Council of Trade Union (ACTU) proposed a millionaire's tax on wealthy Aussies such as Gina Rinehart, Clive Palmer and Andrew Forrest. The proposed levy is similar to the Buffett Rule in the U.S.

Chesapeake up against low-key activist Mason Hawkins

Fri, 11 May 2012 15:42:03 EDT

O. Mason Hawkins, whose $34 billion mutual fund firm is Chesapeake Energy Corp's largest shareholder, is best known as a Warren Buffett-style value investor who takes big stakes in companies and holds them, often for years.

The Art of Value Investing: How to Value a Business, Not a Stock

Thu, 10 May 2012 21:39:16 EDT

Today we take up the challenge of the art of stock valuation in a world of monetary madness. We're already a few years into what's probably going to be a prolonged bear market.

Ford jests CEO Mulally will stay until he's 80

Thu, 10 May 2012 16:28:02 EDT

If Warren Buffett can run a company in his 80s, why can't Ford's Alan Mulally?

Coty Hikes Offer For Avon, Says Warren Buffett Is An Investor

Thu, 10 May 2012 15:09:59 EDT

Fragrance maker Coty Inc. increased its bid to buy troubled Avon Products Inc. (NYSE: AVP), the world's largest direct sales beauty company, to around $10.7 billion on Thursday, putting more pressure on Avon's board to negotiate.

Economy Should Be Top Priority, But Federal Budget Chatter Distracts

Thu, 10 May 2012 13:37:28 EDT

But seriously, big-brain budget chatter distracts us from what should be our top priority: Getting the economy back on track.

Buffett's Buying Stocks Amid Market's Dip

Mon, 07 May 2012 09:12:45 EDT

Berkshire Hathaway Inc is adding to its shareholdings of two U.S. companies amid a market dip, billionaire investor Warren Buffett said on Monday.

Warren Buffett says buying stocks amid market dip

Mon, 07 May 2012 08:28:02 EDT

Berkshire Hathaway Inc is adding to its shareholdings of two U.S. companies amid a market dip, billionaire investor Warren Buffett said on Monday.

Buffett's opinion on Walmart not changed by scandal

Mon, 07 May 2012 08:14:02 EDT

Billionaire investor Warren Buffett said a recent bribery scandal at Wal-Mart Stores Inc has not changed his investment opinion about the stock.

Buffett Shuns Facebook Offering

Sun, 06 May 2012 10:21:41 EDT

Warren Buffett and his 88-year-old associate Charlie Munger are sitting out the Facebook IPO.

Buffett plays down health concern, mulled megadeal

Sat, 05 May 2012 17:28:01 EDT

Warren Buffett tried to allay fears of Berkshire Hathaway Inc shareholders about the company's future after he was diagnosed with prostate cancer, and revealed that he recently tried to make one of the biggest acquisitions of his storied career.

Buffett Assures Shareholders At Berkshire Hathaway 2012 Annual Meeting

Sat, 05 May 2012 16:10:54 EDT

Warren Buffett attempted to assure Berkshire Hathaway Inc. shareholders at their annual meeting Saturday that the company will be in good hands whenever he steps down, in an effort to counter fears surrounding its succession plan following the news that the legendary businessman has prostate cancer.

Buffett tries to assure on Berkshire succession

Sat, 05 May 2012 13:07:02 EDT

Warren Buffett assured shareholders of Berkshire Hathaway Inc that the company will be in good hands after he steps down, trying to allay fears about Berkshire's succession plan after revealing he had prostate cancer.

Buffett says recently mulled $22 billion deal

Sat, 05 May 2012 12:14:02 EDT

Warren Buffett on Saturday said he recently mulled doing a $22 billion acquisition for his Berkshire Hathaway Inc.

Berkshire meeting starts with ice cream and singing

Sat, 05 May 2012 09:35:02 EDT

Berkshire Hathaway opened its annual shareholder meeting on Saturday with Chief Executive Warren Buffett doing what any CEO would do for shareholders -- singing with cheerleaders and tossing newspapers in a contest against local kids.

Berkshire operating profit up 67 percent

Fri, 04 May 2012 17:56:03 EDT

Berkshire Hathaway Inc, the insurance and investment company controlled by Warren Buffett, on Friday posted a 67 percent increase in operating profit, helped by improved performance in insurance underwriting and non-insurance businesses.

Berkshire Hathaway operating earnings rise

Fri, 04 May 2012 17:35:02 EDT

WATCH: Hillary Clinton Jokes About Kim Jong-un at Time 100 Gala [VIDEO]

Wed, 25 Apr 2012 12:50:33 EDT

Hillary Clinton continues to prove she has quite the sense of humor, cracking jokes at the Time 100 Gala in New York City Tuesday night.

Chinese investors scramble for a bite of Apple

Tue, 24 Apr 2012 00:35:02 EDT

China's rigid capital rules ban its citizens from investing directly in Apple Inc but that's not keeping them from seeking a piece of the iPhone maker's success by buying shares in its suppliers - and even companies rumored to be suppliers.

Gold and Silver Report - "Some Miner and Not-So-Minor Issues"

Mon, 23 Apr 2012 11:58:37 EDT

Precious metals markets started the new week with a bit of a mixed picture last night in overseas trading. Spot dealings showed gold falling $2.40 to $1,640.00 and silver down a dime to $31.60 per ounce. Platinum and palladium each advanced $1. The US dollar climbed 0.14 to 79.28 on the trade-weighted index.

TIME's 100 Most Influential People in the World: NBA Star Jeremy Lin Leads a Baffling List

Fri, 20 Apr 2012 09:30:32 EDT

TIME magazine has released its annual list of the 100 most influential people in the world and New York Knicks' star Jeremy Lin tops the pile.

POSCO Q1 profit drops on weaker demand

Fri, 20 Apr 2012 03:21:02 EDT

South Korean steelmaker POSCO <005490.KS>, backed by billionaire investor Warren Buffett, posted a 54 percent drop in first-quarter profit because of slack demand, lower product prices and higher raw-material costs.

Wall Street falls on day after big gains as IBM, Intel drag

Wed, 18 Apr 2012 16:49:03 EDT

U.S. stocks slipped on Wednesday, a day after Wall Street's best gains in a month, as uninspiring earnings from tech bellwethers IBM and Intel gave investors a reason to take profits.

Wall Street slips on IBM, Intel; Chesapeake slides

Wed, 18 Apr 2012 13:35:02 EDT

Stocks declined on Wednesday after uninspiring earnings from IBM and Intel, while Chesapeake Energy sank after a Reuters report highlighted that its CEO has taken out large and unusual personal loans.

Wall Street eases on IBM, Intel; Chesapeake slumps

Wed, 18 Apr 2012 11:49:03 EDT

Stocks were lower on Wednesday after uninspiring earnings from IBM and Intel, while Chesapeake Energy slumped after a Reuters report highlighted large and unusual personal loans taken by its chief executive.

Technical Updates Oil, Gold, EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, USD/CHF

Wed, 18 Apr 2012 10:57:01 EDT

Equity futures retreated as Intel and IBM, two of the computer industry's biggest bellwethers, posted the slowest sales growth in years as the European (SXXP) slump weighed on orders last quarter. Nineteen companies in the S&P 500 are scheduled to report results today.

Wall Street Lower As IBM, Intel Drag

Wed, 18 Apr 2012 10:28:02 EDT

Stocks were lower on Wednesday after the S&P 500 notched its biggest gain in a month, weighed down by IBM and Intel after their quarterly results.

Wall Street Set To Open Lower; IBM, Intel Off Early

Wed, 18 Apr 2012 09:35:02 EDT

Stocks were poised for a lower open on Wednesday after the S&P 500 notched its biggest gain in a month as investors digested another round of corporate earnings.

Warren Buffett Diagnosed with Prostate Cancer: Who Will Succeed the 'Oracle of Omaha'?

Wed, 18 Apr 2012 08:59:57 EDT

Speculations about a possible successor to the chief executive of Berkshire Hathaway has resurfaced along with the news of his prostate cancer.

US Stock Futures Slip After Strong Gains, Earns Eyed

Wed, 18 Apr 2012 08:14:02 EDT

Stock index futures dipped on Wednesday after the S&P 500 tallied its biggest gain in a month and ahead of another round of corporate earnings.

Stock futures dip after strong gains, earnings eyed

Wed, 18 Apr 2012 07:56:03 EDT

Stock index futures edged lower on Wednesday after the S&P 500 tallied its biggest gain in a month and ahead of another round of corporate earnings.

US Stock Index Futures Point To Lower Open

Wed, 18 Apr 2012 07:28:02 EDT

Stock index futures pointed to a slightly lower open on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones and Nasdaq 100 down between 0.1 percent and 0.2 percent at 6:47 a.m. EDT (1047 GMT).

Warren Buffett Has Prostate Cancer, Curable

Wed, 18 Apr 2012 03:13:48 EDT

Prudent and greatest investor Warren Buffett on Tuesday announced that he has a stage 1 prostate cancer. However he expressed the confident of overcoming the Big C (cancer). Doctors attending to Buffett said that since the cancer was detected at a very early stage the situation may not be that certain. Furthermore they added Buffett faces good odds, even at his age.

Warren Buffett’s Prostate Cancer Sends Berkshire Shares Tumbling

Wed, 18 Apr 2012 00:10:56 EDT

Billionaire investor and Berkshire Hathaway chief executive Warren Buffett diagnosed with early prostrate cancer.

Warren Buffett has prostate cancer, sees no danger

Tue, 17 Apr 2012 18:28:01 EDT

Berkshire Hathaway Inc Chief Executive Warren Buffett disclosed on Tuesday that he has stage 1 prostate cancer but said his condition "is not remotely life-threatening or even debilitating in any meaningful way.".

Warren Buffett: What About The Succession Plan?

Tue, 17 Apr 2012 17:38:36 EDT

Warren Buffett, the chairman of Berkshire-Hathaway, has revealed that he has been diagnosed with prostate cancer.

Warren Buffett has Stage 1 prostate cancer

Tue, 17 Apr 2012 17:28:02 EDT

Berkshire Hathaway Inc's Warren Buffett disclosed on Tuesday that he has stage 1 prostate cancer but said his condition "is not remotely life-threatening or even debilitating in any meaningful way.".

BREAKING: Warren Buffett Diagnosed With Prostate Cancer: Stage I, 'Not Remotely Life-Threatening,' Berkshire Hathaway CEO Says

Tue, 17 Apr 2012 17:19:14 EDT

Warren Buffett has been diagnosed with early-stage prostate cancer that the Berkshire Hathaway CEO described as "not remotely life-threatening."

Warren Buffett Diagnosed With Stage 1 Prostate Cancer

Tue, 17 Apr 2012 17:18:03 EDT

Warren Buffett has been diagnosed with stage 1 prostate cancer, Reuters reported Tuesday afternoon.

Budget cuts favored for reducing deficit: poll

Tue, 17 Apr 2012 11:21:02 EDT

Cutting government programs is favored as the way to reduce the budget deficit by more than twice as many Americans as those who favor raising taxes, said a Reuters/Ipsos poll.

Buffett Rule Vote Blocked In Senate

Mon, 16 Apr 2012 19:22:16 EDT

Senate Republicans on Monday afternoon blocked President Barack Obama's "Buffett Rule" legislation, which would have put a 30-percent minimum tax on millionaires.

Coty woos Avon shareholders, outlines financing

Mon, 16 Apr 2012 13:14:04 EDT

Coty Inc on Monday urged Avon Products Inc shareholders to ask their company to give Coty a look at inside information, which would give the private cosmetics company a chance to then offer its best price.