Berkshire Hathaway now owns 981.6 million Bank of America shares worth around $ 24 billion. Houston Cofield / Bloomberg Text size Bank of America is Warren Buffett’s favorite bank. Berkshire Hathaway (ticker: BRK.B) collected 33.9 million shares last week, paying around $ 810 million, or an average price of around …
Read More »Berkshire Hathaway Inc. Cl A shares outperform the competition on a good trading day
Shares of Berkshire Hathaway Inc. Cl A BRK.A, + 0.75% It rose 0.75% higher to $ 291,621.00 on Friday, in what turned out to be a poor trading session for the stock market, with the S&P 500 Index SPX, -0.61% falling 0.62% to 3,215.63 and DIA Jones Industrial Average DJIA, …
Read More »Berkshire Hathaway Inc. Cl A shares outperform the competition on a good trading day
Shares of Berkshire Hathaway Inc. Cl A BRK.A, + 0.75% It rose 0.75% higher to $ 291,621.00 on Friday, in what turned out to be a poor trading session for the stock market, with the S&P 500 Index SPX, -0.61% falling 0.62% to 3,215.63 and DIA Jones Industrial Average DJIA, …
Read More »Can the Fed tame an avalanche of corporate distress? Bond investors are betting on it
The Federal Reserve has shown that it knows how to maintain the flow of credit during a crisis. But bond investors now also expect the Fed’s unprecedented stimulus in financial markets to change the course of the credit cycle – that is, preventing more companies from falling than expected just …
Read More »Microsoft’s earnings beat estimates, thanks to “at home” trend
Text size Denis Charlet / AFP via Getty Images Microsoft released better-than-expected financial results for its fiscal fourth quarter as demand for its cloud-based software increased amid the pandemic-induced change to work and learn from home. For the quarter ended June 30, Microsoft (ticker: MSFT) posted revenue of $ 38 …
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