When Warren Buffett adds a new stock to his Berkshire Hathaway portfolio, everyone notices. When hedge fund managers John Paulson and Kyle Bass add the same stock, everyone pays more attention.
In all the years we have covered the Buffett holdings each and every quarter, we have finally seen Team Buffett make a serious acquisition of a telecom stock: Verizon Communications.
courtesy of WhiteHouse.govBerkshire Hathaway Inc. (NYSE: BRK-A) has released its holdings as of the end of the first quarter of 2014. We were originally not expecting many major changes to the portfolio.…
Kyle Bass of Hayman Capital Management has been busy in the first-quarter portfolio changes. The value of stocks held as of March 31 was $1.042 billion. The group’s 13F filing three months…
New General Motors CEO Mary Barra has barely been in her job four months, but she could be gone almost immediately. The worse the GM recall crisis becomes, the more the board…
thinkstockMay 7, 2014: Markets opened higher on Wednesday but it turned into a miserable days for tech stocks and the Nasdaq Composite index. Lack of enthusiasm for momentum stocks pretty much sealed…
courtesy of Verizon WirelessOn the face of it, AT&T Inc.’s (NYSE: T) has a better dividend than Verizon Communications Inc. (NYSE: VZ). AT&T’s payout is 5.2% at $1.84. Verizon’s is 4.5% at…
So let's get this straight: Sprint posts a net loss of $151 million and the shares surge because the company did not lose as much as analysts expected? And what about those…
Charter Communications seems to have driven a harder bargain with Comcast than was first reported. In the deal announced Monday, Comcast agreed to divest systems with about 3.9 million subscribers.
ThinkstockA lot of pixels have been burned since last Thursday’s release of the Federal Communications Commission (FCC) chairman Tom Wheeler’s defense of his draft for proposed rules for maintaining an open Internet.…
thinkstockApril 24 2014: Markets opened higher on Thursday following solid earnings reports last night from Apple and Facebook. Sentiment turned quickly, however, following reports that Russian troops were planning military exercises along…
UPS reported first-quarter 2014 results before markets opened Thursday, and no surprise, winter weather was its theme of the day. And no surprise either that shares slipped after the opening bell.
Verizon Communications reported first-quarter 2014 results before markets opened Thursday morning, but it did not offer any revenue or earnings guidance. Shares were up in the premarket.
Paul Ausick AT&T did manage to show growth in its first-quarter 2014 earnings, but investors should not at all be surprised about the "sell the news" reaction that has been seen.
This week will mark the floodgates opening as far as the number of key companies reporting earnings. AT&T reports Tuesday morning and Verizon Communications reports on Thursday morning.
