The Republican House and the administration have not come any closer to legislation to increase the debt cap than they were last week, but the markets have barely reacted at ... Read Full Story »
According to Reuters, investors in GE (GE) are still worried that the stock will not recover to its highs of last year. Reuters reports that Madoff pleaded guilty of 11 ... Read Full Story »
American Electric Power Company (NYSE:AEP) expects to increase the company's profit by building new power transmission lines. The company plans to spend more than $7 billion to add new high-voltage ... Read Full Story »
Late on Friday, Reliant Energy (NYSE:RRI) announced that it had terminated a $300 million retail working capital facility with Merrill Lynch. The company had failed to meet its EBITDA covenant ... Read Full Story »
Covering financial stocks on a day like today is sort of like watching the Chinese ping pong championship. It's all action, happens faster than most can see, and no one ... Read Full Story »
After the close of trading on Friday, we'll get to see earnings out of Wall Street's favorite idol as Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) reports earnings. ... Read Full Story »
Rohm & Haas (NYSE: ROH) has agreed to be acquired by Dow Chemical (NYSE: DOW) in an $18.8 Billion dollar merger ($15.3 Billion in equity value). The terms to shareholders ... Read Full Story »
Everyone has reported on the huge acquisition offer from InBev for Anheuser-Busch Companies Inc. (NYSE: BUD). What is interesting above and beyond the global beer initiatives and consolidation is that ... Read Full Story »
MBIA Inc. (NYSE: MBI) and AMBAC Financial Group Inc. (NYSE: ABK) are actually responsible for taking back some of today's market gains. Actually, it is Moody's Corp. (NYSE: MCO) that ... Read Full Story »
After today's close, we saw which stocks Warren Buffett held in Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) as of March 31, 2008. Buffett's filing cut off date is longer as ... Read Full Story »
Ameriprise Financial Inc. (NYSE: AMP) was the stand out stock in Warren Buffett's holdings today. Beakshire Hathaway inc. (NYSE: BRK.A, BRK.B) held some 661,742 shares and listed as worth some ... Read Full Story »
Everyone loves covering Warren Buffett, rain or shine. His long-term shareholders love him, the media follows his every move, and everyone on Wall Street either cares about his potential next ... Read Full Story »
Warren Buffett of Berkshire Hathaway (NYSE: BRK.A, BRK.B) has been on CNBC this morning discussing his Wrigley's bid this morning. Interestingly enough this interview was more of a general discussion ... Read Full Story »
White Mountains Insurance Group, Ltd. (NYSE: WTM) entered an exchange agreement with Berkshire Hathaway Inc. (NYSE: BRK-A) to transfer certain runoff businesses and a substantial amount of cash to Berkshire ... Read Full Story »
It is no great mystery that Warren Buffett of Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B) is still one of the most followed and most revered "long term value investors" on ... Read Full Story »