Latest “Warren Buffett” News

Cree Slammed By Negative Analyst Chatter
Morgan Stanley also pared its fiscal 2012 EPS estimate on Cree to $ 1.27, well below the consensus estimate of $ 1.56.
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Buffett-Backed BYD Sees Profit Fall 84%
SHANGHAI — Chinese auto and battery maker BYD said profit fell 84% in the first quarter of this year, mainly due to a slowdown in car sales and rising costs. … Click to view a price quote on BRK.A . Click to research the Insurance industry.

A Free iPhone? It Could Happen, Analyst Says
In a note published this morning, RBC Capital Markets analysts Mike Abramsky predicts that when Apple introduces the next generation iPhone, which many are speculating will happen in September, the company will make the iPhone 3Gs available for free with a carrier contract.
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Latest “Warren Buffett” News

Good morning, Buffalo
We’re in for another cool and cloudy day, the National Weather Service tells us, thanks to a cold front that moved in overnight. Temperatures will struggle to get out of the mid-60s, they say. Once the clouds pass on Thursday, however, it should be worth the wait.
Read more on The Buffalo News

Asian Stocks, Won Advance Before Greek Vote; Euro Halts Rally
Asian stocks rose, with the region’s benchmark index bound for a three-week high, while the won gained and default risk declined before the Greek parliament votes today on budget cuts aimed at preventing a default. The euro halted a two-day rally.
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Latest “Warren Buffett” News

Deals of the Day: BofA’s .5 Billion Countrywide Tab
Deals of the Day gathers all the biggest news of the morning related to mergers and acquisitions, bankruptcies, financing and private equity.
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Hollywood Model Could Create New Stars in R&D: Alice Schroeder
How much should it cost the U.S. Air Force to develop a reliable system to detect sniper fire in a fraction of a second and pinpoint the shooter’s location almost as fast? If you’re thinking millions of dollars, how does $ 50,000 sound? The Air Force is evaluating sniper-detection proposals, and that’s how much it will award a researcher who provides a solution and the proof that it works.
Read more on Bloomberg

Asia Markets: Asia stocks mostly higher ahead of Greece vote
Asian equity markets trade mostly higher on increasing expectations Greece will avoid a messy default, while resource-sector stocks rise solidly on an overnight boost to commodity prices.
Read more on Market Watch

Latest “Warren Buffett” News

R. Paul Herman: Why Is Business Blind to the Potential Profits from Sustainability?
Measurement of the environmental aspects of a business is equivalent to an x-ray or CAT scan to find the maladies in a business system and supply chain which can be addressed and cured.
Read more on The Huffington Post

Top 5 Reasons to Stop Freaking Out About Financial Armageddon
OK, everybody calm down. The American empire isn’t collapsing. You don’t have to buy guns and move to the mountains. We’re not facing another Great Depression. And if you’re an investor, you can be assured that there will be plenty of profitable opportunities again…
Read more on Business Insider

Jackie Chan: Philanthropy’s Hardest Working Man
Another long day is nearly over, and Hong Kong action star Jackie Chan is beat. And no wonder: The day before, he made an overnight dash to Beijing, carrying a torch in a run to promote the upcoming World University Games in Guangzhou. Landing in Hong Kong he rushes straight to a series of photo shoots, appearances and dubbing duties for Kung Fu Panda 2. Rubbing his eyes, it’s clear he needs a …
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Latest “Warren Buffett” News

Apologetic rioter and family threatened, flees home
The family of a teen seen attempting to light a police car on fire during the Stanley Cup riot has fled their Maple Ridge home as threats against the teenager mount, their lawyer said Sunday.
Read more on Ottawa Citizen

Canadian antelope stranded in U.S. by high waters after ‘epic winter’
Hundreds of Canadian pronghorn antelope attempting to return to their fawning grounds in southern Saskatchewan and Alberta remain stranded in Montana south of the Missouri River, the result of a “once-in-a-century” winter snowfall that forced the migrating animals much farther south than usual — across a frozen reservoir that is now a wide, watery barrier blocking their summer return to Canada.
Read more on Ottawa Citizen

Latest “Warren Buffett” News

Berkshire Hathaway Shares Creeping Closer to Book Value
Berkshire Hathaway trading closer to book value than usual.
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Is Motricity’s Management Creating Value?
What EVA momentum shows us about the folks running Motricity.
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Charity Raises .6-Million in Auction for Lunch With Warren Buffett
The lunch with Mr. Buffett is auctioned annually , and the proceeds go to the Glide Foundation, a charity that provides social services to homeless and other needy people. Mr. Buffett’s late wife, Susan, introduced him to the charity’s founder.
Read more on The Chronicle of Philanthropy

David Sokol Keeps Buying Middleburg Financial Stock
Yes, it has been in dribs and drabs, but David Sokol, the former lieutenant to Warren Buffett who resigned under a cloud, keeps increasing his stake in a small bank.
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Latest “Warren Buffett” News

Rare Earth Name Soars on Revised Resource Estimate
If Rare Elements can parlay Bear Lodge into a significant rare earths project, it would help reduce U.S. dependence on Chinese rare earths deposits.
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Sprott Says ‘Manipulation’ Drove Pullback In Silver Prices
Noted silver bull Eric Sprott isn’t convinced it was weakening fundamentals that led to silver’s epic price decline last month.
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Latest “Warren Buffett” News

The Best Businesses to Own
For the long-term value investor, return on invested capital is perhaps the most important metric to consider.
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Buffett eBay lunch a snip at £1.4m
An anonymous bidder has won a private lunch with billionaire investor Warren Buffett in an eBay auction – to the tune of 2.3 million US dollars (£1.4m). Related Stories Mandela hails anti-apartheid woman Protests mark quake anniversary 10 dead in bomb and gun attacks John Paul relic for Polish church Minister hopes worst of E.coli over
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MARKETWATCH VIEW: Move Over, Uncle Sam–Top Dividends Beat Bonds
Gulp! Nervous times again. Suddenly everyone is afraid of a double dip. The Dow Jones Industrial Average is down six weeks in a row, tumbling below 12000 for the first time since the Japanese panic in March.
Read more on FOX Business