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Apr 19, 2017
04/17
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berkshire hathaway real estate brokerage once part of it.vertise american homes on china's leading website for foreign property. joining us now is a partner at pboc. and here is the senior vice president of international sales at berkshire hathaway. first off, why did you decide to make this partnership with this company? >> we believe they are a great opportunity for our brand to promote properties for sale in the u.s. and make them high net worth and ultrahigh net worth chinese consumers to have access to. betty: have you done something like this before? are there competitors you have looked at? how did you come to this conclusion? >> they are the leader. betty: like a portal. realtor.com or trulia in the u.s. we have other suppliers and syndicators, but they are our top choice. betty: does this make sense? >> chinese investors are not looking at just incomes, they're looking at homes for a couple reasons. some of them look at the homes because there interested in having their kids go to school in the u.s. and some just look investment.ong
berkshire hathaway real estate brokerage once part of it.vertise american homes on china's leading website for foreign property. joining us now is a partner at pboc. and here is the senior vice president of international sales at berkshire hathaway. first off, why did you decide to make this partnership with this company? >> we believe they are a great opportunity for our brand to promote properties for sale in the u.s. and make them high net worth and ultrahigh net worth chinese...
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Apr 13, 2017
04/17
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FBC
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berkshire hathaway has withdrawn its application to boost its ownership stayed about 10%. instead, berkshire selling 9 million shares to keep its holding below 10%. maintaining a higher stake would materially restrict its ability to do business with wells fargo. wells fargo has been doing since september with the skin of a mention of her customer accounts. shares of wells fargo down 3.5% so far this year. lauren: the united airlines story continues to instill in damage control after the man was tried off the plane and injured back on sunday. ceo oscar munoz said the airline will never icann use police to remove passengers from overbooked flights. the airline said it would reimburse to 70 passengers who were on board the plane on monday. they get their money back. they are preparing a lawsuit. the cockpit voice recordings in the incident report. democratic senator chris and holland will now prohibit airlines from forcibly removing passengers on flights that are of her books. if you look at united airlines shares, they fell again yesterday. another 1%. for the wheat from the
berkshire hathaway has withdrawn its application to boost its ownership stayed about 10%. instead, berkshire selling 9 million shares to keep its holding below 10%. maintaining a higher stake would materially restrict its ability to do business with wells fargo. wells fargo has been doing since september with the skin of a mention of her customer accounts. shares of wells fargo down 3.5% so far this year. lauren: the united airlines story continues to instill in damage control after the man was...
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Apr 24, 2017
04/17
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CNBC
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. >> caller: what is your opinion of berkshire hathaway as a long-term hold.nd do you think they should start paying a dividend. >> i don't want to go against that man's judt because he's the best i have ever seen, and 's also taking care of who should come after him. so i like berkshire hathaway on a long-term basis. >> caller: thank you for all you have done for me. my question today i'm calling today is vrx. >> they owe $30 billion, you're looking at an option that maybe one day they'll be able to pay all that. i don't feel that comfortable about that situation, but i always welcome management to come on the show. let's go to august in new york. august? no, maybe we should go to tom in virginia, tom? >> caller: boo-yah, cramer. what are you doing today? >> all right, how gabout you? >> caller: i'm doing great. chesapeake energy. >> it is a play on the weather, if it's really hot, it will go up. and that's what you've got, and there really isn't much more to it. i thought it would be a colder winter than it was, now it's got to be hot. how about norman in --
. >> caller: what is your opinion of berkshire hathaway as a long-term hold.nd do you think they should start paying a dividend. >> i don't want to go against that man's judt because he's the best i have ever seen, and 's also taking care of who should come after him. so i like berkshire hathaway on a long-term basis. >> caller: thank you for all you have done for me. my question today i'm calling today is vrx. >> they owe $30 billion, you're looking at an option that...
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Apr 30, 2017
04/17
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FBC
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berkshire hathaway and cbs. congress could vote on healthcare as early as next week.ico faces a deadline to restructure $70 billion worth of debt. bankruptcy is looking like a possibility there. coming up next week, the must-see interview with the ceo of nasdaq. don't miss ""mornings with maria"" where my special guest will be treasury secretary stephen mnuchin. i'll be live from the conference in los angeles. first, bob massey fit show, property bob massey fit show, property for 35 years i've been practicing on living in las vegas. ground zero for the american real estate crisis. it wasn't just i guess i was at heart, lives were destroyed from coast-to-coast. as the economy tanks, now, it's a different story. the american dream is back. and nowhere is that more clear than the grand canyon state of arizona. so i had up from the strip to the desert to show you how to explore the new landscape and live the american dream. i will help real people who are facing major problems plain the bold plans that are changing
berkshire hathaway and cbs. congress could vote on healthcare as early as next week.ico faces a deadline to restructure $70 billion worth of debt. bankruptcy is looking like a possibility there. coming up next week, the must-see interview with the ceo of nasdaq. don't miss ""mornings with maria"" where my special guest will be treasury secretary stephen mnuchin. i'll be live from the conference in los angeles. first, bob massey fit show, property bob massey fit show,...
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Apr 29, 2017
04/17
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FBC
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berkshire hathaway and cbs. congress could vote on healthcare as early as next week. puerto rico faces a deadline to restructure $70 billion worth of debt. bankruptcy is looking like a possibility there. coming up next week, the must-see interview with the ceo of nasdaq. don't miss ""mornings with maria"" where my special guest will be treasury secretary stephen mnuchin.
berkshire hathaway and cbs. congress could vote on healthcare as early as next week. puerto rico faces a deadline to restructure $70 billion worth of debt. bankruptcy is looking like a possibility there. coming up next week, the must-see interview with the ceo of nasdaq. don't miss ""mornings with maria"" where my special guest will be treasury secretary stephen mnuchin.
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Apr 13, 2017
04/17
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CNBC
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wi berkshire hathaway is selling 9 million shares from its stake in wells fargo. berkshire says the sale is not tied to the bank's sales scandal. it is selling the shares to keep its stake at 10% to avoid additional oversight by the fed. it will keep selling to stay below that threshold. >> this has been a long-running issue for berkshire, as it has stakes in certain businesses, especially banks. gets over 10%, then there's potential for more oversight of your own institution. >> but it's special in the banks. >> yes. >> because they will then become under fed oversight. i will speak with michelle who has to bristle at this notion of government oversight -- >> berkshire hathaway would face more regulation from banking regulators, simply by owning more than 10% of the bank. >> bingo. >> this goes back to the whole idea that an industrial should be separated by a financial stug. t institution but -- >> this is not a 2008 law. >> it's older. >> so at 9.8% they're not covered, 10% they are? >> regulators have to draw the line somewhere. >> a little bit of tech news thi
wi berkshire hathaway is selling 9 million shares from its stake in wells fargo. berkshire says the sale is not tied to the bank's sales scandal. it is selling the shares to keep its stake at 10% to avoid additional oversight by the fed. it will keep selling to stay below that threshold. >> this has been a long-running issue for berkshire, as it has stakes in certain businesses, especially banks. gets over 10%, then there's potential for more oversight of your own institution. >>...
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Apr 29, 2017
04/17
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FBC
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berkshire hathaway and cbs. congress could vote on healthcare as early as next week.ebt. bankruptcy is looking like a possibility there. coming up next week, the must-see interview with the ceo of nasdaq. don't miss ""mornings with maria"" where my special guest will be treasury secretary stephen mnuchin. i'll be live from the conference in los angeles. first, bob massey fit show, property bob massey fit show, property for 35 years i've been practicing on living in las vegas. ground zero for the american real estate crisis. it wasn't just i guess i was at heart, lives were destroyed from coast-to-coast. as the economy tanks, now, it's a different story. the american dream is back. and nowhere is that more clear arizona. so i had up from the strip to the desert to show you how to explore the new landscape and live the american dream. i will help real people who are facing major problems explain the bold plans that are changing how americans live and take you behind the gates of property that you have to see to believe. at the end of the show, i'll give you critical tip
berkshire hathaway and cbs. congress could vote on healthcare as early as next week.ebt. bankruptcy is looking like a possibility there. coming up next week, the must-see interview with the ceo of nasdaq. don't miss ""mornings with maria"" where my special guest will be treasury secretary stephen mnuchin. i'll be live from the conference in los angeles. first, bob massey fit show, property bob massey fit show, property for 35 years i've been practicing on living in las...
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his company, berkshire hathaway, he is the largest share holder. he is quite popular there.eral have spent money to have lunch with the billionaire. >> cherry coke is pretty good. >> several times a day, i don't know about that. it is working for warn buffet. >> all this rain is helping put on a beautiful spring show. >> there are 300 native plants that grow here. >> it's not too late to catch the super bloom. you might even get to see something very special. >> a look ahead at a"abc news" a 5:00. >> the concern at home and getting the option starting today. report saying marissa mayer is out and so is the yahoo! brand. what's happening. >>> why statisticians is having a field day with madison bumgardner. >>> what was in this truck that had kids scampering around to meet up with it? live-streat the airport.e sport, binge dvr'd shows, while painting your toes. on demand laughs, during long bubble baths. tv on every screen is awesome. the all-new xfinity stream app. all your tv at home. the most on demand, your entire dvr, top networks, and live sports on the go. included with
his company, berkshire hathaway, he is the largest share holder. he is quite popular there.eral have spent money to have lunch with the billionaire. >> cherry coke is pretty good. >> several times a day, i don't know about that. it is working for warn buffet. >> all this rain is helping put on a beautiful spring show. >> there are 300 native plants that grow here. >> it's not too late to catch the super bloom. you might even get to see something very special....
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Apr 4, 2017
04/17
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CNBC
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berkshire hathaway is coke's largest institutional hair shoulder. lo shareholder.at mr. buffett in his 0s c80s can be used as a advertising tool. and i'm surprised cherry coke had not launched yet in china. >> when they asked warren, they were surprised he agreed to it he's a great advertisement for health and vibrancvibrancy. >> he is also a great ambassador for all of his brands, as to the point of accepting the offer, he loves getting involved. good to see. >>> watch out, alec baldwin. come by central is launching the president show. that's right. so, they're going to have a weekly late night series star starring a comedian acting as president trump. it will start april 27th at 11:00 p.m. you can bet vp mike pence will make appearance every night. >> we'll see if this one ruffles the feathers as alec baldwin's portrayal. certainly that annoyed president trump. now another high profile example of satirical takes. >> some pretty high standards. >> i have not seen this guy before, have you? >> i have not. >> so it's a daily show. lots of material. >>> the national
berkshire hathaway is coke's largest institutional hair shoulder. lo shareholder.at mr. buffett in his 0s c80s can be used as a advertising tool. and i'm surprised cherry coke had not launched yet in china. >> when they asked warren, they were surprised he agreed to it he's a great advertisement for health and vibrancvibrancy. >> he is also a great ambassador for all of his brands, as to the point of accepting the offer, he loves getting involved. good to see. >>> watch...
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Apr 5, 2017
04/17
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CNBC
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just got the one of the great investors of all time, warren buffett's berkshire hathaway owns almost 10% of united. the recognition of the consolidation of the industry and better pricing power, so it's a value. what you've quot to understand, our basic approach first figure out if the market overvalued, going up or down. and then figure out where the value is within the market. so, if i look at the s&p 500, which is an index of 500 companies, it's trading around 17 times earnings. which i think is right. for this interest rate environment. it's growing about 5 a% a year. it yields about 2%, settles around three times book value and has 35 or 38% debt to total capital, so what we're looking for in our game is companies are growing at our greater than the market or having more value haves price. so, it's very much of a bottom up stock picking thing now. you're one of the largest companies in the world, facebook, not facebook, google, would not appeal to a value investor, but google is setting at a 16 times what we think they can earn next year, which is lower than a market multiple, i
just got the one of the great investors of all time, warren buffett's berkshire hathaway owns almost 10% of united. the recognition of the consolidation of the industry and better pricing power, so it's a value. what you've quot to understand, our basic approach first figure out if the market overvalued, going up or down. and then figure out where the value is within the market. so, if i look at the s&p 500, which is an index of 500 companies, it's trading around 17 times earnings. which i...
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Apr 13, 2017
04/17
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CNBC
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. >>> now, sticking with financials but back state side, berkshire hathaway is selling 9 million sharesrom its stake in wells fargo. berkshire says the sale is not tied to the bank's sales scandal. it is selling the shares to keep its stake at 10% to avoid additional oversight by the fed. after talking to fed officials, berkshire said it decided maintaining the high stake would restrict its ability to do business. before the sale, berkshire owned more than 500 million shares of wells fargo. buffett personally owns another 2 million. the sale of 9 highlighting a small sale relative to the stake. berkshire is also likely to vote in support of the wells fargo annual meeting later this month, that's on the 24th or 25th of april coming up. all 15 board members are up for re-election. institutional shareholder services maintain their advice to shareholders to vote against 12 of those -- >> including the director, who you spoke to. >> the chairman, steve sanger. interesting that perspective that they maintain that thought. >>> when we come back, stocks to watch. first, as we head to break, che
. >>> now, sticking with financials but back state side, berkshire hathaway is selling 9 million sharesrom its stake in wells fargo. berkshire says the sale is not tied to the bank's sales scandal. it is selling the shares to keep its stake at 10% to avoid additional oversight by the fed. after talking to fed officials, berkshire said it decided maintaining the high stake would restrict its ability to do business. before the sale, berkshire owned more than 500 million shares of wells...
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Apr 5, 2017
04/17
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CNBC
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there is warren buffett at the game. 84, that's the age of interns at berkshire hathaway. the news update this hour. carl, back to you? >> sue herera, markets are rallying. dow is up 110. off of the highs for the morning. we are joined by cowan and trading david seeburg. a lot of pots are boiling. macro data and mna. what explains the run-up and the more recent pull back? >> we saw the adp number come out. the futures were up small, three ish roughly. that made them pop. i still think, carl, we are in a trading range. we talk about this all the time on "fast money." we are in this range where investors are really concerned. they are concerned about we are not going to get a lot more up side. we are sort of in this period where the down side risk is sort of muted as well. we are sort of in this pattern where we are waiting for trump initiatives to come through and some timeline in that passion. we are waiting to see some obviously more positive data come through on the economic front. in general, i feel like we are almost in this hold pattern. >> is concern the right word w
there is warren buffett at the game. 84, that's the age of interns at berkshire hathaway. the news update this hour. carl, back to you? >> sue herera, markets are rallying. dow is up 110. off of the highs for the morning. we are joined by cowan and trading david seeburg. a lot of pots are boiling. macro data and mna. what explains the run-up and the more recent pull back? >> we saw the adp number come out. the futures were up small, three ish roughly. that made them pop. i still...
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Apr 13, 2017
04/17
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CNBC
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berkshire hathaway announced they're selling 9 million shares in the bank and will withdraw the application to boost its stake above 10%. the move wasn't a change in investment outlook but following extensive talks it realized increasing ownership would restrict our commercial activity with wells fargo. >>> tesla ceo elon musk has fired back at investors who are unhappy with his company's governance structure. five share holders have written a joint letter recommending two new board members and calling for a re-election of all directors. musk took to twitter saying perhaps shares in ford would be a better fit for their portfolios. this following a surge in tesla's share price. i think tesla won that fight earlier this week, they're the most valuable in the u.s. >> crazy how quickly that happened. >>> preorder fors >>> preorder for for system sun n system sung's new smart tone has previously beat that of the s7. samsung is expected to post record profits during the second quarter of 2017 because of the boost of the s8. >>> the heir to the samsung group was in court in seoul for the continuat
berkshire hathaway announced they're selling 9 million shares in the bank and will withdraw the application to boost its stake above 10%. the move wasn't a change in investment outlook but following extensive talks it realized increasing ownership would restrict our commercial activity with wells fargo. >>> tesla ceo elon musk has fired back at investors who are unhappy with his company's governance structure. five share holders have written a joint letter recommending two new board...
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Apr 13, 2017
04/17
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FBC
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earnings season for biggest banks for wells fargo, jpmorgan andchy group and on the news that berkshire hathawayg its stake in the bank. we'll have more on "countdown to the closing bell" coming up next. especially in my business. with slow internet from the phone company, you can't keep up. you're stuck, watching spinning wheels and progress bars until someone else scoops your story. switch to comcast business. with high-speed internet up to 10 gigabits per second. you wouldn't pick a slow race car. then why settle for slow internet? comcast business. built for speed. built for business. ♪ liz: folks, i want to let you know we are now hitting the lows of the session for the dow jones industrials. suddenly we've taken a leg down. we're down 114 points. remember very thin volume ahead of the good friday holiday. that doesn't matter. there is so much news involving the world. president trump has changed the political, you could call it the political contours of his presidency over the past 24 hours. a number of shifts in one interview with the "wall street journal" given moments before a warm meet
earnings season for biggest banks for wells fargo, jpmorgan andchy group and on the news that berkshire hathawayg its stake in the bank. we'll have more on "countdown to the closing bell" coming up next. especially in my business. with slow internet from the phone company, you can't keep up. you're stuck, watching spinning wheels and progress bars until someone else scoops your story. switch to comcast business. with high-speed internet up to 10 gigabits per second. you wouldn't pick...
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Apr 19, 2017
04/17
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CNNW
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. >> warren buffett's berkshire hathaway remains the largest shareholder in wells fargo.e comments he made in congressional testimony around the solomon brothers crisis when he said lose money for the firm and lose a shred of reputation and i will be ruthless. >> so much of this is about reputation. did you promise warren buffett anything about reputation? >> i promised him that i would do my best. that's all i can promise and i promised him that we would execute on the changes that we have talked about publicly and we would be very focused on rebuilding trust with our customers, our team members and our shareholders. >>> so wells fargo has said in regulatory filings in the department of justice and the sec are investigating the bank's practices. they tell me they're cooperating with regulators and we'll will have to see where that all goes and we have to talk about politics and his hopes for tax reform with president trump and what he wants to see from this administration. >>> breaking news, we are getting our first look at just mammoth protests taking place in venezuela
. >> warren buffett's berkshire hathaway remains the largest shareholder in wells fargo.e comments he made in congressional testimony around the solomon brothers crisis when he said lose money for the firm and lose a shred of reputation and i will be ruthless. >> so much of this is about reputation. did you promise warren buffett anything about reputation? >> i promised him that i would do my best. that's all i can promise and i promised him that we would execute on the...
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Apr 9, 2017
04/17
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BLOOMBERG
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tim: we are launching like berkshire hathaway, we have a b&b oath, it allows us to clear the lane toyahoo! and and well and techcrunch, and movie phone. it is really a values-based brand. it is long-term. some of the reaction is very short-term thinking, and we are a long-term company. we have done really long-term strategies. we are big believers in brand and believers and a long-term commitment to talent. david: besides being a great executive, you are interested in marketing. you get this much attention -- people have been saying, how much did they spend on this? tim: we basically have not -- we developed the brand and house. last 14 hours, we probably have gotten $50 million of brand marketing for it. when we go to launch brand campaigns for yahoo! and aol, it will be clear. even though it will be leaked, it has turned out to be good for us. david: exactly how is this merger going to work? and can you run up against your old shop of google and facebook? really somebody will have to take them on at some point. tim: i would say, david, let me start with verizon. verizon has a long-
tim: we are launching like berkshire hathaway, we have a b&b oath, it allows us to clear the lane toyahoo! and and well and techcrunch, and movie phone. it is really a values-based brand. it is long-term. some of the reaction is very short-term thinking, and we are a long-term company. we have done really long-term strategies. we are big believers in brand and believers and a long-term commitment to talent. david: besides being a great executive, you are interested in marketing. you get...
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Apr 17, 2017
04/17
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BLOOMBERG
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berkshire hathaway's home services, looking for wealthy chinese buyers.he company -- brokerage arm will advertise u.s. homes on chinese websites, which attracts 2 billion visitors a month. the chinese are second only to americans is the largest group of u.s. properties. that is your bloomberg business flash update. coming up, we look at a hedge fund that has gotten a lot of attention, promising that it may -- it's guaranteed about being profitable. it is gotten the attention of the fcc. more and that started coming up. this is bloomberg. ♪ oliver: this is bloomberg markets. scarlet: seven holding sentiment -- is an atlanta-based headphones that said its main -- hedge fund will was money. it's under investigation by the fcc. we're joined now with more. >> couple months ago in july -- china life on the claim, the terms -- oliver: the selling point here is that he will not lose any money if you invest, which begs the question, what exactly were they investing in, what could possibly yield that kind of assurance? >> it's not just not losing money. if you look
berkshire hathaway's home services, looking for wealthy chinese buyers.he company -- brokerage arm will advertise u.s. homes on chinese websites, which attracts 2 billion visitors a month. the chinese are second only to americans is the largest group of u.s. properties. that is your bloomberg business flash update. coming up, we look at a hedge fund that has gotten a lot of attention, promising that it may -- it's guaranteed about being profitable. it is gotten the attention of the fcc. more...
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Apr 20, 2017
04/17
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BLOOMBERG
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warren buffett's berkshire hathaway unloading all of his wells fargo shares to support the reelectionthe bank's board. an assistant also says devotedre -- berkshire and thethe holdings billionaire has unloaded personal shares. advisors iss urged investors to oppose the reelection of 12 of 15 directors. ofugging off the loss costco, the biggest credit card issuer lead the dow jones higher today after reporting strong first-quarter revenue. costco parted ways with amex last year, sparking the worst slump since the financial crisis. amex launched an aggressive marketing campaign and sweeter rewards to keep customers and push spending. and that is your bloomberg business flash. oute: more headlines coming from the situation in paris weather has been a shooting. the ap is reporting that the attacker in the shooting and one police officer had both been killed. previously, the police had it confirmed one officer had been killed. now the associated press says the attacker has also been killed in this shooting. we're still trying to gather more details about whether anyone else was injured in
warren buffett's berkshire hathaway unloading all of his wells fargo shares to support the reelectionthe bank's board. an assistant also says devotedre -- berkshire and thethe holdings billionaire has unloaded personal shares. advisors iss urged investors to oppose the reelection of 12 of 15 directors. ofugging off the loss costco, the biggest credit card issuer lead the dow jones higher today after reporting strong first-quarter revenue. costco parted ways with amex last year, sparking the...
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berkshire hathaway a comment he is known to drink a lot of cherry coke.a. limited edition can available at the next annual meeting. more caffeine and sugar to get you more ramped up for this situation. those are headlines. dagen: thank you commissioner hall. lee, which about warren buffet space on a can of coke to people know who he is? >> there is an obsession with real successful wealth business people. i've never seen before. lines out the door for business news. >> love collectors items. i lived in hong kong in the late 90s. mcdonald's had these promotional campaigns where they sold little trinket figures with different hats from different nations on them. people lined up out the doors for days to get their hands on these trinkets. this'll be turned into a collectors item. we see people lining up. trade to wish beverages you can actually drink it to be of value. it has to be an unopened can. >> just say that. >> polkas doing their marketing around for. coca is the new line. all the their commercials involve coke include in bringing out the taste of it
berkshire hathaway a comment he is known to drink a lot of cherry coke.a. limited edition can available at the next annual meeting. more caffeine and sugar to get you more ramped up for this situation. those are headlines. dagen: thank you commissioner hall. lee, which about warren buffet space on a can of coke to people know who he is? >> there is an obsession with real successful wealth business people. i've never seen before. lines out the door for business news. >> love...
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Apr 13, 2017
04/17
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BLOOMBERG
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the headline associated with this bank was berkshire hathaway. that fed limit of 10% in 50 days. alix: we should point out that provisions for credit losses were down quarter on quarter. they are making less loans to we will have to hear more. 30%, that isate of not 20. that is not 15. interesting from wells fargo. michael porter out -- jon: michael corbin released a statement on a significant better overall performance than a year ago. you can implant that into the jpmorgan press release as well. during us now is kate moore, black rock equities strategist. .harles, let's begin with you the top line for you, your takeaway? >> there are two unusual things that we know are going to be in this quarter. theis the right down and servicer rights. they didn't quantify. number and the number were actually good numbers. up 39%vestment banking at $1.2 billion. >> when you talk about capital markets revenues there are three buckets of counterparts. the hedge fund managers, the asset managers and the corporate player. city is really strong with the corporate
the headline associated with this bank was berkshire hathaway. that fed limit of 10% in 50 days. alix: we should point out that provisions for credit losses were down quarter on quarter. they are making less loans to we will have to hear more. 30%, that isate of not 20. that is not 15. interesting from wells fargo. michael porter out -- jon: michael corbin released a statement on a significant better overall performance than a year ago. you can implant that into the jpmorgan press release as...
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Apr 4, 2017
04/17
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BBCNEWS
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he is frequently pictured in public guzzling the drink, and his investment firm berkshire hathaway isondering, no, he is not being paid for his appearance. the south african credit rating has been cut to junk status. that means the agency has labelled the country's debt as being non—investable. if you cast your mind back to friday, the south african resident sacked his finance minister. he had been considered a safe pair of hands by investors. investors quite liked. stocks like old mutual are feeling the effects ofa old mutual are feeling the effects of a downgrade. their shares are down about 0.5%. also, sainsbury‘s, they have suffered a fall in shares of about 2% after a survey today showed that its market share was lowering. i will be back in an hour with more business news. this weekend, extraordinary achievements by young people are being celebrated by the rotary club. mohammed khaliel from leeds grew up in syria. he was forced to flee the country when he was ten, having been shot during an attack on his school. when he arrived in england, he went to the city academy. mohamed kha
he is frequently pictured in public guzzling the drink, and his investment firm berkshire hathaway isondering, no, he is not being paid for his appearance. the south african credit rating has been cut to junk status. that means the agency has labelled the country's debt as being non—investable. if you cast your mind back to friday, the south african resident sacked his finance minister. he had been considered a safe pair of hands by investors. investors quite liked. stocks like old mutual are...
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Apr 4, 2017
04/17
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his investment firm berkshire hathaway is coca—cola‘s biggest shareholder with nearly 10% of the sharesgency has labelled the country‘s debt as an non—investable. now if you cast your mind back to friday, south africa‘s president sacked his finance minister pravin gordhan. mr gordhan was considered a safe pair of hands — investors liked him. now stocks exposed to south african trade like the insurers old mutual are feeling the effects of that downgrade. old mutual down this morning. supermarket sainsbury shares fell further to lose 2% after that survey we were talking about earlier showed its share of the market lowering. that‘s all the business news for now. this weekend some extraordinary acts by young people are being celebrated at the rotary young citizen awards in manchester. there are seven winners from across great britain and the republic of ireland, one of whom is a mohamed khalil from leeds. mohamed grew up in syria. he was forced to flee the country with his family when he was ten, having been shot during an attack on his school. he watched his friends die and had to play dea
his investment firm berkshire hathaway is coca—cola‘s biggest shareholder with nearly 10% of the sharesgency has labelled the country‘s debt as an non—investable. now if you cast your mind back to friday, south africa‘s president sacked his finance minister pravin gordhan. mr gordhan was considered a safe pair of hands — investors liked him. now stocks exposed to south african trade like the insurers old mutual are feeling the effects of that downgrade. old mutual down this morning....
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Apr 3, 2017
04/17
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berkshire hathaway owns 9.3% of coca-cola. buffett, a heavy user.e says he drank about five cans a day. jericho, regular, or diet? not sure. look, like as, yet did a cruncher, he has to see any evidence that judging cokeing but cherry leads to anything but a long life. [laughter] >> he is like a 12-year-old. kicking off a braun a weaker april on a weaker note. at director of global macro joining usvestments now. we go from one day, my goodness, reflation is back, to the next day, my goodness, it is not. so where are we right now? >> we are always only one tweet one end or the other, so, you know, we had the election, it was a game changer obviously, and with that came a lot of anticipation of fiscal reform. the market sort of met the president's agenda halfway, i think, so certainly not the whole thing is priced in. halfway. we are now at the sausage making part in congress and we saw how the affordable health care at thing went and that but the market a little bit on edge in terms of lives near enough -- is there enough momentum? the market is in a
berkshire hathaway owns 9.3% of coca-cola. buffett, a heavy user.e says he drank about five cans a day. jericho, regular, or diet? not sure. look, like as, yet did a cruncher, he has to see any evidence that judging cokeing but cherry leads to anything but a long life. [laughter] >> he is like a 12-year-old. kicking off a braun a weaker april on a weaker note. at director of global macro joining usvestments now. we go from one day, my goodness, reflation is back, to the next day, my...
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Apr 17, 2017
04/17
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yvonne: berkshire hathaway's real estate brokerage is expanding its global reach with a push againsthy chinese buyers to buy homes in the u.s.. the homes services unit will begin advertising on a chinese-based portal that is about 2 million visitors a month. the brokerage owns 38 realogy companies and was acquired when chairman warren buffett. the energy business in 2000. betty: toshiba is said to be planning a written response to the sale of its chip business. western digital said any sale could violate their joint venture and told toshiba's board it should negotiate with them first. toshiba wants to sell the chip units to shore up finances which are losses to westinghouse's nuclear business. yvonne: netflix is slightly higher in extended trading, recovering from an initial fall after sewer first quarter user --'s lower first quarter user growth. let's get to our america telecoms and media reporter, joining us live from l.a.. the lack of this big production hit kind of led to the poor new subscriber numbers for the first quarter. the return of hits like what with thecards -- return
yvonne: berkshire hathaway's real estate brokerage is expanding its global reach with a push againsthy chinese buyers to buy homes in the u.s.. the homes services unit will begin advertising on a chinese-based portal that is about 2 million visitors a month. the brokerage owns 38 realogy companies and was acquired when chairman warren buffett. the energy business in 2000. betty: toshiba is said to be planning a written response to the sale of its chip business. western digital said any sale...
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Apr 10, 2017
04/17
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CNBC
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obviously, the very significant from berkshire hathaway is the example we have to see more of. >> whomerican, delta, united. those are the truly rating candidates. those are the airlines -- >> meaning they catch up to where the others are trading? >> look. if you're looking for industrial opportunities, i mean, airlines are cheap. you can almost always talk yourself out of an investment at any time. point to the macro. if some of those global, you know, risks are too much, you know, for an investor, there's domestic names, alaska airlines, for example. >> risk in a name like alaska. >> when you start with "it's different this time" american airlines up 80% since last july. i'm old fashioned. buy in the dip. >> sure. >> i don't want to buy a lousy business in a spike. you can buy united $65 europe to east coast. how do you make money at that price? >> surement chances are they do not, and, you know, that's a problem, you know, for an analyst -- >> how do you compete with them if you're a consumer, you want that $65. you have to move in that direction. >> sure. sure. look, the industry
obviously, the very significant from berkshire hathaway is the example we have to see more of. >> whomerican, delta, united. those are the truly rating candidates. those are the airlines -- >> meaning they catch up to where the others are trading? >> look. if you're looking for industrial opportunities, i mean, airlines are cheap. you can almost always talk yourself out of an investment at any time. point to the macro. if some of those global, you know, risks are too much, you...
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Apr 27, 2017
04/17
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to run a good company and create a lot of value for all of our shareholders, but certainly berkshire hathaway question. you have been -- you have a lot of roots to texas. oil has really stabilized here and in the area you're in, it's actually a boon. are you seeing that year over year nice declining fuel cost but at the same time, the boom is helping southwest in texas? >> yeah, texas is really, really strong. of course we live here in dallas and there are cranes everywhere. so we've got a very strong economy under way. oil and gas is a component of the texas economy, but not the main driver. but even our oil and gas markets, houston, mid land, texas, two examples, they're performing very, very well. so yeah, we're seeing a lot of strength in many of our markets. and we're talking about revenue performance earlier. almost half of our markets nationwide are showing positive revenue performance even in the first quarter. so i was very pleased with the first quarter. it was a little bit better than the fourth. looks like the second quarter is going to be a lot better still. >> all right. thank y
to run a good company and create a lot of value for all of our shareholders, but certainly berkshire hathaway question. you have been -- you have a lot of roots to texas. oil has really stabilized here and in the area you're in, it's actually a boon. are you seeing that year over year nice declining fuel cost but at the same time, the boom is helping southwest in texas? >> yeah, texas is really, really strong. of course we live here in dallas and there are cranes everywhere. so we've got...
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Apr 4, 2017
04/17
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>> that we are launching like berkshire hathaway. -- we can promote huffington post, movie phone.rt-term thinking. we are a long-term company. brand and avers in huge believers in long-term commitment to talent. david: you are pretty good at marketing. people are saying how much did they spend on this? we developed the brand in-house. gotten $50bably million worth of brand marketing for it. when we launch our brand campaigns, we will be free and clear. david: how is it going? how is this merger going to work? ownyou run up against your shop of google and facebook? >> verizon has a long-term strategy in the media space. we were the first acquisition they did. yahoo! will be the next one. we are in a good position to launch the largest house of trusted brands. google, facebook, amazon are all partners of hours. i have done advertising for 20 years. i see and open lane in the advertising space and that is where we are going. alix: is marissa mayer going with you? marissa, me, we are planning and the leadership, which we will announce in q2. marissa will stay through the next phase. t
>> that we are launching like berkshire hathaway. -- we can promote huffington post, movie phone.rt-term thinking. we are a long-term company. brand and avers in huge believers in long-term commitment to talent. david: you are pretty good at marketing. people are saying how much did they spend on this? we developed the brand in-house. gotten $50bably million worth of brand marketing for it. when we launch our brand campaigns, we will be free and clear. david: how is it going? how is this...
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Apr 4, 2017
04/17
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berkshire hathaway company owns 9.3% of coca-cola, worth about $17 billion. buffett is a heavy user. he says he drinks five cans day. that is the bloomberg business flash. nejra: thanks so much. south africa has lost its investment grade rating from s&p for the first time in 17 years. the agency cut the country to junk following a cabinet purge by president jacob zuma that sparked increasing calls for him to resign. let's speak to peter, head of emerging economics at numerous international. to speak -- great just the two you for the second time this week. i am sure you are not surprised by the latest development, but is there anything catch you off guard at all? peter: interesting was the rating remained on negative watch. the downgrade came because of the treasury, as much because of the removal of the previous minister as the new minister. the negative rating reflects concerns that further policy change will dramatically shift the path or damage the growth outlook. he may see them move again, particularly on the local rating, in june. news from moody's, the
berkshire hathaway company owns 9.3% of coca-cola, worth about $17 billion. buffett is a heavy user. he says he drinks five cans day. that is the bloomberg business flash. nejra: thanks so much. south africa has lost its investment grade rating from s&p for the first time in 17 years. the agency cut the country to junk following a cabinet purge by president jacob zuma that sparked increasing calls for him to resign. let's speak to peter, head of emerging economics at numerous international....
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it bigger than berkshire hathaway and facebook. amazon's market value continues to move up.$3 billion alone last week to his net worth. stuart: bezos is worth 77 billion. liz: more than that. stuart: up 27 billion this calendar year. who was trying to get into this? was that you, todd? >> i would love to get in. stuart: go ahead, keith. >> this is the death of espn here, stuart. you're witnessing, we talked for a long time, amazon versus everybody else. there is not a business on the planet that amazon will not impact. i think this is a great move for them. it is strategic. valuable. every other on-line stream hears a problem. stuart: what do you have to say, todd? >> i totally disagree. it may be the death of espn but not the death of the nfl network. it is not the death of major league baseball network. we'll not stop watching regular real tv or seeing things. streaming is a gimmick. that is much more crowded space. you've seen -- stuart: come on, todd. streaming is just a gimmick. have you ever heard of netflix, by any chance? panera bread is being bought out, okay? that
it bigger than berkshire hathaway and facebook. amazon's market value continues to move up.$3 billion alone last week to his net worth. stuart: bezos is worth 77 billion. liz: more than that. stuart: up 27 billion this calendar year. who was trying to get into this? was that you, todd? >> i would love to get in. stuart: go ahead, keith. >> this is the death of espn here, stuart. you're witnessing, we talked for a long time, amazon versus everybody else. there is not a business on...
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Apr 12, 2017
04/17
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FBC
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berkshire hathaway is now the biggest shareholder in united continental. holding took a big shot in the stomach yesterday, down significantly. he lost -- that is what the united is worth right now. lost anywhere from 24 million at the close intraday on an intraday basis, it was down 90 million. >> this is buying signal for these stocks, are you kidding me? you can literally punch a passenger in the face, it will not affect your stock price. why? there are four, five, six big players out there. that understates the case. at your local airport there is one or two. monopoly or duopoly market. profits through the roof. stuart: that is fair point. only four major airlines in the united states. ashley: they have you over a barrel. stuart: not any competition. >> hope they not charging you $35 not to get punched in the face. ashley: you gave them the idea. stuart: would you buy united at$0 a share? --$0 a share? >> i would buy on the dip. if it were down more it would be a buy. >> buy delta. buy delta. >> delta post ad pretty big numbers. stuart: by the way they
berkshire hathaway is now the biggest shareholder in united continental. holding took a big shot in the stomach yesterday, down significantly. he lost -- that is what the united is worth right now. lost anywhere from 24 million at the close intraday on an intraday basis, it was down 90 million. >> this is buying signal for these stocks, are you kidding me? you can literally punch a passenger in the face, it will not affect your stock price. why? there are four, five, six big players out...
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Apr 4, 2017
04/17
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an estimated 2,000 to 3,000 chinese investors attended berkshire hathaway's annual meeting last year.d no compensation was involved in the promotion. >> he owns 12% of the company. >> he doesn't allow his image on a lot of products. though i do have those brooks sneakers with his face on it. unfortunately you step on his face. it's inside the shoe, if you put your foot down. >> could have been worse. could have been fruit of the loom underwear. putting something else -- >> yeah. >> it's not diet coke he drinks. >> no full on. >> i would drink that. i would. but i can't -- >> wash down the peanut brittle. >> exactly. i like that, too. those are calories i can't afford to waste on a sugary drink. i don't even -- i stopped drinking the diet things, people tell me -- >> soda is why you're fat! >> that's one of the reasons. >> diet soda, i'm told, can cause you to be fat somehow? >> because you're appetite still is expecting the sugar. >> it tricks you. >> it makes you hungrier. >> a doctor once told me you can't have a predisposition like kidney stones from the carbonic as si acid. >> is
an estimated 2,000 to 3,000 chinese investors attended berkshire hathaway's annual meeting last year.d no compensation was involved in the promotion. >> he owns 12% of the company. >> he doesn't allow his image on a lot of products. though i do have those brooks sneakers with his face on it. unfortunately you step on his face. it's inside the shoe, if you put your foot down. >> could have been worse. could have been fruit of the loom underwear. putting something else --...