Goldman Sachs Group (NYSE: GS) had been the one spot in the brokerage sector which was immune from the credit crunch and nearly immune from the mortgage mess. In fact, the company…
Wells Fargo & Company (NYSE: WFC) has priced that monster share offering. Rather than $10 billion being raised, it is more like $11 billion. The banking giant priced 407.5 million shares at…
Depending upon where your local elections are held, it looks like we are the half-way mark for most voting poll times today. What has been a 19- or 20- month ordeal is…
It looks like the Oracle of Omaha is riding the Reading Railroad on the Monopoly board all over again. Berkshire Hathaway Inc. (NYSE: BRK-A) has said in a filing that it has…
Douglas A. McIntyre The New York Times has a new writer, at least for a day. Warren Buffett has written an op-ed piece for the paper titled "Buy American. I Am." to shore up some…
There was an interesting Form 4 filed today with the SEC. Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) has artificially added to his holdings of Burlington Northern Santa Fe Corp. (NYSE: BNI). On…
Douglas A. McIntyre Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) just told CNBC that the bailout plan was "no panacea" but that it will help avoid a total disaster. Whether it will be a…
General Electric Co. (NYSE: GE) is coming out swinging to halt the offensive rumors and credit concerns that have been hindering its stock. The company made two key announcements to fight this. …
There was an announcement this morning from Lexington Insurance Company, a unit of American International Group (NYSE: AIG). The unit has said that effective September 15, 2008 it has arranged a Contingent…
Billionaire and esteemed investor Warren Buffett has made a major move. Berkshire Hathaway Inc. (NYSE: BRK-A) is investing some $5 billion in Goldman Sachs Group Inc. (NYSE: GS). His stake is in…
Good news and bad news…. Constellation Energy (NYSE: CEG) has found a buyer. The bad news is that it is a tentative deal that is for a mere $26.50 per share. MidAmerican…
There is one critical aspect to the stock market that pertains to American International Group (NYSE: AIG) which has been given less coverage because of the media’s focus on the turmoil in…
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 really knows…
This morning there was a rather long CNBC interview where Becky Quick got to interview Berkshire Hathaway’s (NYSE: BRK-A) Warren Buffett live in Omaha. He noted specifically that the economic weakness was…
This week was a huge week as far as getting to see what the large funds and key money managers or investment gurus were putting into their portfolios. We compiled lists and…
