Saturday, 23 August 2014
Last updated 1 day ago
Aug 15 2007 | 12:44pm ET
The Oracle of Omaha is apparently bullish on Rupert Murdoch—at least for now. Warren Buffet has upped Berkshire Hathaway’s stake in Dow Jones, while also adding to his positions in financial sector firms such as Bank of America, Wells Fargo and US Bankcorp.
According Berkshire Hathoway’s filing with the SEC yesterday, he has also upped his interest in Johnson & Johnson, Proctor & Gamble and Nike.
Meanwhile, Buffet seems to be over his love affair with H&R Block. Once the second-largest stockholder in tax preparation firm, Buffet has unloaded his remaining positions in the firm, according to the filing.
Additionally, Buffet has asked the SEC if it would waive the requirement for him to reveal his holdings in two railroad companies—Union Pacific and Norfolk Southern. Earlier this month, however, he did reveal that he snatched up 1.6 million shares of railroad company Burlington Northern Santa Fe, causing investors to speculate that he is bullish on railroads.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note