WARREN BUFFETT

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Gates sees tech helping U.S. out of recession

Technology can pull the United States out of recession and help the world's ailing financial markets work better, Microsoft Corp Chairman Bill Gates told a high-level business summit at the company he co-founded.
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Berkshire adds shares of US Bancorp, Wells

Warren Buffett's Berkshire Hathaway Inc said on Friday it had modestly raised its stakes in Wells Fargo and US Bancorp , two banks whose market values have fallen dramatically.
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Buffett's Berkshire has first loss since 2001

Warren Buffett's Berkshire Hathaway Inc posted its first quarterly loss since 2001, hurt by losses on derivative contracts, a big investment in the oil company ConocoPhillips, and the weakening economy.
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Buffett says life insurers took crazy bets

Billionaire Warren Buffett on Sunday criticized some life insurers for taking on crazy financial risks by selling variable annuities, or retirement products that promised unrealistic guarantees to buyers.
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Tense talks as U.S. bank stress tests near completion

The largest U.S. banks made the case to regulators on Monday that they have the financial firepower to withstand a deeper recession, as Bank of America denied a report it was trying to raise capital of $10 billion.
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Let Warren Buffett Buy Wells Fargo

Warren Buffet is the largest shareholder in Wells Fargo. He claims it is a Fabulous Bank and would like to buy it all. Is he serious or is he just talking up his shares?
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U.S. banks make final plea as stress tests conclude

The United States' largest banks made their case to regulators on Monday that they have the financial firepower to withstand a deeper recession, as Bank of America denied a report it was trying to raise $10 billion.
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Bank stocks leap on stress test optimism

U.S. bank shares rose on Monday after analysts said government stress tests of financial institutions would show most would need less new capital than previously feared.
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Buffett attacks bank tests, eyes flu pandemic

Warren Buffett attacked the government's stress tests of 19 large U.S. banks, saying they failed to properly assess the industry's health, and that he would buy more shares in three big banks Berkshire Hathaway Inc already owns.
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Buffett faults stress test, defends bank holdings

Warren Buffett criticized the government's stress tests of 19 large U.S. banks for failing to account for strengths in lenders' business models, and said he would buy more shares of three big banks in the portfolio of his Berkshire Hathaway Inc .
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Buffett Bullish on Wells Fargo

Berkshire Hathaway Inc’s chairman Warren Buffett, whose company owns a significant stake in Wells Fargo & Co, called it a “fabulous” bank that will do much better in a few years as a result of the economic crisis, according to a report.

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