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Additional AOL Patch Local News Sites Lose Staff
Thursday, October 17, 2013 - 2:31pm | 581Read More...AOL (NYSE: AOL) owned hyper-local news website, Patch, which had 1000 writers working in 900 national locations in December 2012, is now down to 14 designated market areas (DMAs). New Patch CEO Bud Rosenthal outlined the move in a memo Wednesday morning reported on Poynter. Rosenthal said the...
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Benzinga Market Primer: Monday, March 4
Monday, March 4, 2013 - 7:15am | 959Read More...Futures Lower on Weak Chinese Data, Italy Fears U.S. equity futures fell in early pre-market trade Monday following weaker than expected data from China and also on continued fears surrounding the state of Italian politics. New data showed that China's services sector grew faster than expected in...
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Is Warren Buffett Becoming a Trader?
Friday, September 14, 2012 - 2:13pm | 355Read More...Berkshire Hathaway's (NYSE: BRK-A) (NYSE: BRK-B) GEICO unit posted a 25 percent gain on Intel (NASDAQ: INTC), as it sold its stake less than a year after making the investment. This is notable as it runs contrary to the buy-and-hold strategy famously championed by its Chairman Warren Buffett....
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Berkshire Hathaway Reveals New Holdings in General Motors, Viacom
Wednesday, May 16, 2012 - 10:41am | 484Read More...Berkshire Hathaway, Warren Buffett's holding company, released an SEC filing yesterday that revealed new holdings in General Motors (NYSE: GM) and Viacom (NASDAQ: VIAB) as of March 31st. The conglomerate also reported selling its entire stake in Comdisco Holdings. Investments by Warren Buffett's...
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Did Warren Buffett Consider Acquiring Kellogg, Heinz?
Monday, May 7, 2012 - 10:26am | 721Read More...At Berkshire Hathaway's annual shareholder meeting on Saturday, Warren Buffett said he recently walked away from a $22 billion dollar acquisition . So, what company was it? Taking into consideration Berkshire Hathaway's previous acquisitions, he would likely have paid a 10%-30% premium to the...
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Whitney Tilson Talks Warren Buffett, Dell on CNBC
Monday, February 27, 2012 - 11:32am | 522Read More...Hedge fund manager Whitney Tilson appeared on CNBC this morning to give his opinion of famed investor Warren Buffett's interview. Tilson stated that he was buying more shares of Berkshire Hathaway on Buffett's recent performance. He stated that the value of Berkshire Hathaway should be trading 50...
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Six Stocks Insiders Are Buying
Thursday, February 2, 2012 - 7:22am | 1060Read More...Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...
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Warren Buffet Slams Legislators: Stop Coddling Billionaires
Monday, August 15, 2011 - 7:13am | 350Read More...Warren Buffet took a strong stance against tax breaks for the super-rich in an op-ed published in The New York Times Sunday, noting that "While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary...
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When Everyone in the World Loves Gold, Should You?
Wednesday, August 10, 2011 - 1:13pm | 549Read More...Turn on your TV, read a newspaper, magazine, or billboard, listen to the radio, go to lunch, go snorkeling (ok, maybe not snorkeling ), and it seems that all anyone can talk about gold – it is inescapable. It is not without good reason, however. Stock markets throughout the world are in chaos...
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Are the Protests in Spain a Sign of the Euro's Inevitable Collapse?
Wednesday, May 18, 2011 - 9:45am | 491Read More...UK's The Telegraph posted a video of current on-going riots in Spain. Spanish citizens are protesting “austerity measures” the Spanish government has undertaken to help get its fiscal house in order. The riots in Spain are similar to the events experienced by fellow struggling Eurozone-member...
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Words of Wisdom: Famous Trading, Investing, and Money Sayings Part II
Friday, May 6, 2011 - 2:18pm | 895Read More...The mental aspect is one of the most overlooked and underappreciated facets of trading. It is also one of the most important. Success in the stock market, as well as in business, is largely dependent on a person's psychological toughness and their ability to “roll with the punches.” Sometimes you...
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Words of Wisdom: Famous Trading, Investing, and Money Sayings Part 1
Friday, April 29, 2011 - 2:00am | 833Read More...The mental aspect is one of the most overlooked, and underappreciated facets of trading. It is also one of the most important. Success in the stock market is largely dependent on a person's psychological toughness and their ability to “roll with the punches.” Sometimes traders just need to sit back...
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The Squeeze is On! Silver Continues Its Climb (SLV, UDN, JPM, HSBC)
Friday, April 22, 2011 - 12:08am | 885Read More...It would appear as though the silver market is in the midst of a short squeeze. The NYMEX futures price of the commodity rose over 4.5% in Thursday's trading action, closing near the highs of the day. The price of silver has now risen for seven consecutive days, and 15 out of the past 17 trading...
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Citi Adjusts Goldman Sachs Estimates for Buffet Charge (GS)
Tuesday, April 5, 2011 - 10:58pm | 186Read More...Today, Citi Group came out with a maintenance note, adjusting Goldman Sachs Group, Inc. (NYSE: GS) EPS estimates for the Berkshire Hathaway charge. Citi rates shares of Goldman Sachs Buy/High Risk, with a target price at $200.00. Citi's new EPS estimates will include the $2.80 per share charge...
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Buffett Has Something Else In His Sights -CNBC (BRK-A, BRK-B)
Monday, March 21, 2011 - 8:32am | 41Read More...On CNBC today, Buffett says he has something else in his sights to buy... and it's too big for Berkshire's shareholders (NYSE: BRK-A) (NYSE: BRK-B).
