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  • Buffett's Heinz buy means nothing for market

    The acquisition of Heinz by Warren Buffett's Berkshire Hathaway and private equity firm 3G is a big deal. But it says nothing about the market or economy.

    The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.

    When Warren Buffett's Berkshire Hathaway (BRKA) bought MORE

    - Feb 14, 2013 12:42 PM ET
  • Buffett's Berkshire buys stake in tractor maker Deere

    Warren Buffett is getting back to basics. Berkshire Hathaway's three new third quarter investments are in companies that create the building blocks for manufacturing and agriculture.

    Warren Buffett's Berkshire Hathaway (BRKA) (BRKB) purchased new stakes in Deere & Company (DE), Precision Castparts (PCP),  and Wabco (WBC), according to SEC filings released Wednesday afternoon. Deere is the well-known maker of tractors and other farm equipment. Precision Castparts makes the nuts and MORE

    - Nov 14, 2012 5:46 PM ET
  • Buffett explains purple shoe question to Jack Welch

    Warren Buffett and Jack Welch had a bizarre exchange on CNBC Monday morning in which the Oracle of Omaha praised Welch's prowess as a salesman of purple shoes.

    The mystery is now solved, sort of.

    In a short email to CNNMoney late Tuesday, Buffett explained that Welch was "one helluva shoe salesman" when he worked for Thom McAn. The Berkshire Hathaway (BRKA) (BRKB) CEO said Welch, a former chief executive of General MORE

    - Nov 6, 2012 5:02 PM ET
  • Whitney Tilson betting on Netflix and Buffett

    Whitney Tilson is doubling down on Netflix (NFLX) and Warren Buffett's Berkshire Hathaway (BRKA).

    Speaking to investors at the Value Investing Congress in New York Monday, the well-known hedge fund manager said Netflix is due for an Amazon-style (AMZN) ride over the next decade. Investors seemed to agree (at least for now), sending shares of Netflix up 3% Monday.

    Tilson said Netflix has shown minimal profits because it's largely reinvested MORE

    - Oct 1, 2012 2:30 PM ET
  • Warren Buffett exits Intel

    Warren Buffett's fund Berkshire Hathaway quickly shed its stake in Intel

    Warren Buffett might not like technology that much after all.

    The legendary investor exited his entire position in Intel (INTC) during the second quarter. His firm, Berkshire Hathaway (BRKA) (BRKB), bought into the computer chip making firm just three quarters ago. Such a rapid exit is rare for Buffett, who is known for his buy-and-hold value stocks ethos.

    Berkshire Hathaway's MORE

    - Aug 14, 2012 4:58 PM ET
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#StupidStock Move of the Day! Yes, Urban Outfitters may be finally turnings things around. But $URBN up 17%? Seems a bit excessive, no?
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