Buffett Stays with American Express

Recently, American Express has been going through a tough time. Due to rising competition from large banking conglomerates including J.P. Morgan and a tough US dollar, the company missed analyst expectations for revenue by $260 million during the first quarter. American Express even lost one of their large sources of credit card sign ups due …

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Buffett Doesn’t Regret Choosing IBM Over Apple

Warren Buffett, the legendary investor, says that he does not regret buying shares of the underperforming IBM, and even more importantly, he does not wish that he had purchased Apple shares instead. The 50 year leader of Berkshire Hathaway, Warren Buffett, provided these comments in an interview following the Berkshire Hathaway annual meeting that took …

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Axalta Shares Benefit from Buffett Stake

Axalta Coating Systems LTD shares have risen by 5% early on Tuesday morning once the company announced that Warren Buffett, billionaire investor, has taken a stake in the business. On Tuesday, the company tells us that a Berkshire Hathaway affiliate has agreed to purchase 20 million shares of the company at $28 per share, which …

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3 Buffett Habits to Adopt

Warren Buffett has gone from a seven-year-old boy roaming the streets of Omaha selling Coca-Cola bottles for five cents apiece to a man now sitting atop the Berkshire Hathaway empire that he created, and has more than $525 billion worth of assets. Have you ever wondered which habits helped Warren Buffett get to this place …

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Buffett to Make $70 Million in Bank Dividends This Year

Many people have reasons to celebrate after a large majority of the United States banks have passed the stress test from the Federal Reserve on Wednesday. This promptly announced plans to raise bank dividends, and the chief beneficiary among them is Warren Buffett. The CEO of Berkshire Hathaway, currently worth around $72.3 billion, will expect …

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The Berkshire Hathaway Shareholder Letter Comes Out This Saturday

Warren Buffett, investing billionaire, says that in his annual letter to shareholders he will reflect on leading Berkshire Hathaway for 50 years in the upcoming letter. On Saturday, Warren Buffett is going to release his much anticipated annual letter as well as the Berkshire Hathaway annual report. Many investors all over the world read the …

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Buffett Adds to Deere & Exits Exxon

Berkshire Hathaway, run by CEO and Chairman Warren Buffett, sold off roughly $4 billion worth of Exxon Mobil shares during the fourth quarter of 2014. This move was obviously spurred by the major drop in oil prices that have damaged all energy company profits, with Exxon included. In total, Berkshire Hathaway sold off roughly 41,000,000 …

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Buffett’s American Express Stock Gets Hammered for $780 Million

Warren Buffett is certainly not having his best Thursday ever. Berkshire Hathaway is currently the largest shareholder of American Express stock based on the most recent regulatory filings. Berkshire Hathaway currently owns 151,610,700 shares of the company as of September 30. At this time, American Express’ stock is down $5.15 per share, or 6%, in …

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‘Keystone Should Be Done’ Says Warren Buffett

CEO and chairman of Berkshire Hathaway, Warren Buffett, on Wednesday mentioned to Fox Business Network that the Obama administration should approve the Keystone XL pipeline. During an exclusive interview with Liz Claman on “Countdown to the Closing Bell,” Buffett discusses how he understands why some will oppose the pipeline, since it will cross Nebraska, his …

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Buffett’s #1 Investment Secret

“Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.’” — Warren Buffett Warren Buffett is considered one of the best investors that the modern world has ever known. He started out as a financial analyst in the 50s when he …

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