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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: Warren Buffett

Warren Buffett stories: 74 news summaries

21 - 40 of 74 Stories | << Prev 1 2 3 4 Next >>

(Newser) - Not even legendary investors can escape this mess. Warren Buffett’s Berkshire Hathaway posted its worst year ever in 2008, the Wall Street Journal reports. A key indicator, book value per share, fell 9.6%, only the second loss since Buffett took control of the company in 1965. Berkshire... More »

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Buffett Loans Billions to
Swiss Re

Insurance giant turns
to Omaha after heavy annual loss

(Newser) - Insurance giant Swiss Re has reported an annual loss of $860 million and will turn to Warren Buffett to retain its investment-grade rating, the Financial Times reports. The company will raise $2.58 billion, of which more than half will come from Berkshire Hathaway—leaving Buffett with more than 20%... More »

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Told-On Buffett Cools Toward Tell-All Author

Billionaire not thrilled with messy details of warts-and-all bio

(Newser) - Billionaire Warren Buffett has canceled his annual public tête-à-tête with his biographer after the book they collaborated on left him with mixed feelings, reports the New York Times. For the past decade, the Oracle of Omaha has submitted to questions from Alice Schroeder during a huge dinner... More »

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ANALYSIS


 These 5 People 
 Lost the Most 
 This Year 

Think your 401(k) has taken a hit? One tycoon has taken a $32B bath

(Newser) - Think you've taken a bath in the markets? Business Sheet compiles this year's five biggest losers:
  1. Warren Buffet Loss: $13.6 billion. Though he’s bought when others wouldn’t and come to the rescue of many (Goldman and GE, to start), losses dropped the famed investor’s
... More »

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Brutal Market
Doesn't
Spare Buffett

Berkshire Hathaway takes biggest
dive in decades

(Newser) - The "Oracle of Omaha" is proving even he's not immune from market blows, reports Bloomberg. Warren Buffet's Berkshire Hathaway took a 12% nosedive yesterday, its biggest one-day fall since 1987's Black Monday. The conglomerate is down 41% for the year and has been dropping steadily for eight days after... More »

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OPINION

Obama, McCain Take Fight
to Pages of Journal

Rivals sounds familiar themes with columns in conservative newspaper

(Newser) - Barack Obama and John McCain are appearing together today on one battleground—the opinion pages of the conservative Wall Street Journal. Obama sticks almost exclusively with economics, mentioning the paper’s own reservations with McCain’s housing rescue plan. He’s also quick to remind readers in upper tax brackets... More »

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Obama Donors Get to Hang With the Big Kids

Fundraisers with Kerry, Buffett kept the fat checks coming in

(Newser) - Barack Obama’s money machine has kept rolling thanks, in part, to a series of intimate fundraisers headlined by his top advisers, Politico reports. In exchange for a mere $28,500, Obama supporters could snag seats at a dinner with Warren Buffett or a “Round Table Discussion” with Robert... More »

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OPINION

 Media Feeds Markets' Frenzy 

'Volatility news cycle' as bad for traders as it is for nervous investors

(Newser) - Is the media behind the rampant volatility gripping Wall Street? It can’t be helping, longtime observer Roger Ehrenberg writes for Information Arbitrage. CNBC, Fox Business, and others recycle countless talking heads, each with passionate and conflicting views. “Media is motivated to evoke a reaction,” Ehrenberg reasons, so... More »

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Wall Street's Tumble Costs Buffett $9.6B

Top CEOs have taken a 28% hit in the value of their company holdings

(Newser) - Next time you check the value of your portfolio, know that America's top executives are taking a pounding with you: Berkshire Hathaway CEO Warren Buffett has seen his holdings in his company decline $9.6 billion this year, reports the Wall Street Journal. And he’s got company. Oracle’... More »

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OPINION

Buffett: I'm Buying American. You Should Be, Too.

When fear is rampant, the markets discount America's future

(Newser) - “I’ve been buying American stocks,” Warren Buffett writes in the New York Times, and he'd like to see a stampede of others following suit. Sure, the financial system is a mess, global economies are faltering, unemployment is rising, and headlines will continue to terrorize markets. But markets... More »

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Market Meltdown Reshapes Forbes Rich List

Buffett bumps Gates
in redrawn rankings
of world's wealthiest

(Newser) - The mortgage meltdown has certainly hit middle-class Americans hard but hasn't spared the uber-wealthy, Bloomberg reports. Las Vegas Sands CEO Sheldon Adelson’s net worth shed $4 billion between Aug. 29 and Oct. 1, for instance, while Warren Buffett overtook Bill Gates, whose net worth declined $1.5 billion, as... More »

Candidates Diverge on Picking the Next Paulson

McCain looks to big names; Obama seeks to sooth markets

(Newser) - The post of Treasury secretary may be the most important appointment the next president has to make and John McCain and Barack Obama seem to be using different criteria, Bloomberg reports. McCain has mentioned big names like billionaire investor Warren Buffett and former eBay CEO Meg Whitman, while insiders say... More »

 In Crisis, Buffett Is 
 Modern JP Morgan 

'Oracle of Omaha' offers financial, psychological help to stressed America

(Newser) - Amid the financial panic of 1907, financier JP Morgan stepped in to play the role of central bank, crafting an economic rescue plan and using his personality to offer worried Americans a psychological boost. Today, Warren Buffett’s financial aid to Wall Street and calming influence on Main Street are... More »

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 Buffett Grabs 
 $3B Chunk of GE 

Shrewd market player aiming for windfall after chaos clears

(Newser) - Mega-pockets investor Warren Buffett is sinking $3 billion into General Electric, whose share prices have slumped a third amid the financial chaos on Wall Street, Reuters reports. Buffet, 78, negotiated a 10% dividend, which could generate $300 million income a year. The move comes a week after he invested $5... More »

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Buffett Gains
Big Say on Nuclear Power

New deal gives longtime skeptic clout about industry's future

(Newser) - Warren Buffett’s $4.7 billion agreement to rescue Constellation Energy Group this week netted the billionaire investor more than just a utility. Buffett now will have a big say in the future of nuclear power in the US, the Wall Street Journal reports. He has long been skeptical of... More »

For Buffett, Goldman Deal Was a Snap

But if Congress doesn't pass Treasury's bailout, he'll 'get killed'

(Newser) - Billionaire Warren Buffett has been getting a lot of calls lately from struggling Wall Street firms looking for a savior, from Bear Stearns to Lehman Brothers to AIG. He’s turned them all down, the Wall Street Journal reports, but when Goldman Sachs called Tuesday, the Oracle of Omaha ponied... More »

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MARKETS

 Stocks Flat Amid Bailout Wait 

Housing sales decline; Buffet boosts Goldman

(Newser) - Stocks swung between gains and losses today as the proposed financial bailout continued to dominate conversation but remained unsettled. The technology-rich Nasdaq was more insulated from the swings, and closed up 2.35 at 2,155.68. The Dow lost 29.00 to close at 10,825.17, while the... More »

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Women Tower
in Buffett's Biography

Oracle of Omaha needed 'to be loved
and never criticized'

(Newser) - Warren Buffett’s personal life is a lot messier than his balance sheet, according to a biography. In The Snowball: Warren Buffet and the Business of Life, which hits stores Monday, the Oracle of Omaha for the first time cooperates with a biographer, producing a revealing look at the... More »

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Goldman Raises $10B After Buffett's Buy-in

New stock offering
nets twice as much
as bank expected

(Newser) - Where Warren Buffett goes, investors follow. Goldman’s new stock offering pulled in $5 billion this morning, twice the $2.5 billion the firm expected, as investors followed Buffett’s lead, Bloomberg reports. That extra money, combined with Buffett’s $5 billion investment, “should quickly end credit-market debate about... More »

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MARKETS
(Newser) - Stocks rose slightly at the open, reports the Wall Street Journal, buoyed by Warren Buffett’s $5 billion vote of confidence in Goldman Sachs. The Dow Jones rose 21 points, while the S&P rose 0.3%, and the Nasdaq 0.9%. Capitol Hill will again command Wall Street's attention... More »

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21 - 40 of 74 Stories | << Prev 1 2 3 4 Next >>