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Published: Tue, 3 Nov 2009
Description: Auto companies post October sales numbers. Meanwhile, Johnson & Johnson announces layoffs.
Automatically Generated Transcript (may not be 100% accurate)
" All of those announced October sales Warren Buffett's bet and JJ announces layoffs. And has done -- market report. Significant and a activity over the past 24 hours last night it was Stanley still works in Black & Decker. Today it was announced that Berkshire Hathaway would buy the remaining 77% of Burlington Northern Santa Fe railroad. For a total 44 billion dollars including assumed debt. Berkshire patriarch -- offered calls the acquisition. In all -- wager on the economic future of the United States. Automotive companies from across the globe will be announcing their October sales figures today what is expected from Florida offers spectacular third quarter report about yesterday. General Motors is also expected to show improvement year over year Indian market share month to month. Many automotive analysts expect the industry as a whole to sell on an annualized basis Jewish giant -- and a half million vehicles in America. And finally Johnson & Johnson continued with cost cutting effort this morning. Announcing another round of job cuts to health care giant will lay -- approximately 800. As party rule -- which received one point seven billion by 2011. -- last major restructuring took place in 2007. With -- it will present at work -- it ago. That's your media market report in the north and Chris --"
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