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…
These are more of Warren Buffett’s and Berkshire Hathaway Inc. (NYSE: BRK-A) holdings as of June 30, 2008: Home Depot Inc. (NYSE: HD) 4,181,000 shares Ingersoll-Rand (NYSE: IR) 5,636,600 shares Iron Mountain…
Berkshire Hathaway Inc. (NYSE: BRK-A) has published its earnings after the close. Unfortunately, traders maybe looking more forward to the new list of public company holdings than anything. Net earnings were listed…
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. The…
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 value the…
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 Berkshire Hathaway,…
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 is responsible…
After today’s close, we got to see which stocks that Warren Buffett Held in the Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) as of March 31, 2008. Buffett’s filing cut off date as…
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 he has…
