WARREN BUFFETT

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Goldman results to hinge on trading performance

Goldman Sachs Group Inc is expected to report sharply lower quarterly earnings due to weak trading results and a charge for buying back preferred stock from Warren Buffett's Berkshire Hathaway.

Stock index futures signal dip; TI eyed

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Stock index futures pointed to a slightly lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.1 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.1 percent at 0733 GMT.
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Citi bankers shocked at Sokol Lubrizol shares: report

Bankers at Citigroup were unaware when discussing the possible sale of chemical company Lubrizol Corp with the man tipped to succeed Warren Buffett that he had any intention to buy shares himself, the Wall Street Journal reported on Saturday.
Traders work on the floor of the New York Stock Exchange

World Market Update 01/04/2011

U.S. stocks ended mixed on Thursday as investors awaited Friday’s Bureau of Labor Statistics jobs report, while slightly weaker-than-expected economic reports on jobless claims and Chicago Purchasing Managers index weighed on the sentiment.
Traders work in the oil options pit on the floor of the New York Mercantile Exchange in New York City

US stocks end mixed ahead of payrolls data

US stocks ended mixed on Thursday as investors awaited Friday’s Bureau of Labor Statistics (BLS) jobs report and slightly weaker than expected economic reports on jobless claims even as Chicago Purchasing Managers index weighed on the sentiment.
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Berkshire's Sokol defends self, lawyers get calls

Former Berkshire Hathaway executive David Sokol on Thursday said he has invested in companies he then recommended for acquisition in the past, a day after Berkshire disclosed Sokol pushed Lubrizol Corp to Warren Buffett after investing in it.
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Wall Street flat as Friday payrolls data eyed

U.S. stocks edged higher on Thursday as a modest reading on jobless claims failed to topple upbeat expectations about Friday's U.S. payrolls report for March as the quarter quietly draws to a close.
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Wall Street flat toward quarter end

U.S. stocks were little changed on Thursday as a middling reading on jobless claims failed to dent expectations about Friday's U.S. payrolls report for March as the quarter quietly draws to a close.
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Wall St flat as quarter ends, jobs report eyed

U.S. stocks were little changed on Thursday, the final day of the quarter, as jobless claims fell less than expected but didn't change optimism about Friday's U.S. payrolls report for March.
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Ex-Berkshire exec Sokol: I did nothing wrong

Former Berkshire Hathaway executive David Sokol insisted he did nothing wrong in buying stock in a company that he then suggested Berkshire acquire, and said he has in past invested in companies he then recommended to Warren Buffett.
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Stock futures suggest slightly lower open after data

U.S. stock index futures pointed to a slightly lower open on Thursday, the final day of the quarter, as jobless claims fell less than expected, but investors were optimistic about Friday's monthly jobs data.
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Stock futures flat before jobless claims data

U.S. stock index futures were little changed on Thursday, the final day of the quarter, before weekly jobless claims data that could give insight into the U.S. employment situation.
Warren Buffett (L) and David Sokol

COLUMN: Warren Buffett's Very Tense Press Release

In a press release that has the air of a deposition, Warren Buffett explained on Wednesday about a top aide's resignation and a stock purchase. They are facts that he has vowed not to answer more questions about.
Warren E. Buffett,Chairman and Chief Executive Officer of Berkshire Hathaway,testifies before the Financial Crisis Inquiry Commission during a public hearing in New York

Buffett's Top Executive Resigns After Stock Purchase

Berkshire Hathaway Chairman Warren Buffett said Wednesday that one of the top executives at his company, David Sokol, has resigned from the company, soon after learning that Sokol bought stock in a company he recommended to Buffett.
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Are tools, iron in Warren Buffett's sights?

Warren Buffett's hunt for a large acquisition could lead to targets like Eaton , Illinois Tool Works or Cliffs Natural Resources , all of which seem to fit his recent preference for growth in industries outside of his core insurance unit.
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Berkshire took Q4 writedowns under SEC pressure

Warren Buffett's Berkshire Hathaway took nearly $1 billion in writedowns on three stocks last quarter under pressure from regulators who disagreed with the company's accounting for losses in those shares, according to a series of letters released on Monday.
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Buffett sees global growth over next year

Billionaire Warren Buffett, who is looking to invest in large countries such as China, India and Brazil, said on Wednesday he expected global output to rise significantly over the next year.
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U.S., Rajaratnam battle over Goldman CEO testimony

Goldman Sachs Group Inc chief Lloyd Blankfein will be called to testify at Raj Rajaratnam's insider trading trial as soon as this week, but prosecutors want to prevent him being questioned about any legal issues facing the bank, according to trial documents.

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