Buffett’s Favorite Bank Gets It Done (WFC, BRK-A, C, BAC, JPM)
Wells Fargo & Co. (NYSE: WFC) managed to beat earnings this morning. Warren Buffett’s favorite bank posted a gain of 19% in net income of $3.15 billion, translating to $0.60 EPS on…
Wells Fargo & Co. (NYSE: WFC) managed to beat earnings this morning. Warren Buffett’s favorite bank posted a gain of 19% in net income of $3.15 billion, translating to $0.60 EPS on…
Conglomerates have enjoyed solid performance in 2010 and General Electric Co. (NYSE: GE) is set to report earnings on Friday morning. A market concern and a sector concern so far is that…
Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) has made many changes in portfolio investing approach through time. The one constant is his ‘forever’ strategy, which now only means a bit more…
Berkshire Hathaway Inc. (NYSE: BRK-B) (NYSE: BRK-A) is trying to make yet another deal in a portfolio holding from its entire public stock holdings. Warren Buffett and friends are offering to acquire…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) has shown its latest holdings as of the close on June 30, 2010. These have been broken down into 3 groups of ‘A to G’ and…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of June 30, 2010. Some may have changed slightly since the end of…
There are many issues on deck for The Unusual Suspects that are carryover issues from Friday or which have events on the schedule. This week’s Unusual Suspects for the week ahead covers…
Warren Buffett is still making billions for Berkshire Hathaway Inc. (NYSE: BRK-A). The conglomerate just reported operating earnings of $3.074 billion versus $1.78 billion in the second quarter of 2009. There is…
Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) might be one the greatest investors of all time and he may have recruited 34 billionaires to donate up to half of…
2010 may be a directionless year for the stock markets so far, but shares of conglomerates are outperforming and more upside is expected. The five largest conglomerates we follow are all higher…
Banking analysts came out of the cracks in the floor this morning to be positive on Wells Fargo & Company (NYSE: WFC). We have seen positive calls from several different firms. Dick…
Maybe the markets felt directionless for most of Friday ahead of earnings season, but the trading action of this week might make some wonder if a Double-Dip Recession is less likely. The…
Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) and Warren Buffett are not supposed to be this controversial. In fact, Mr. Buffett would probably tell you he’d rather be boring. Yet, we now…
These are some of this Thursday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street firms: Aixtron AG (NASDAQ: AIXG) Started as Buy at Sterne Agee Annaly Capital Management,…
Warren Buffett likes Lloyd Blankfein. Now Goldman Sachs likes Berkshire Hathaway Inc. (NYSE: BRK-A, BRK-B). In new coverage this morning, Goldman Sachs has initiated Warren Buffett’s conglomerate with a BUY rating. The…