Account
In a one-on-one interview directly after Berkshire Hathaway Chairman and CEO Warren Buffett addressed thousands of shareholders at his annual meeting, the Oracle of Omaha, as he's called by his stockholders, told FOX Business that when the Federal Reserve stops or scales back its stimulative program of buying billions in Treasurys, "I don't know what the reaction will be but you can bet every single trader will react." Buffett went on to say that despite that uncertainty, he would bet that stocks in years to come will go "much higher" than they are right now. On Friday, the Dow Jones Industrials hit 15,000 intraday, and closed up 142 points at 14,973. The 82-year-old Buffett predicted that when the Fed eventually moves, that move would be "the shot heard 'round the world" but told FOX Business the U.S. dollar would remain the world's reserve currency. Even so, he told FBN, "I'm not making currency bets right now."The five-and-a-half hour meeting, held at the CenturyLink Arena in dow...
Bank dividends are not yet back to the levels seen prior to the financial crisis, but some U.S. banks are improving on the dividend front. For example, Wells Fargo (...
Bank dividends are not yet back to the levels seen prior to the financial crisis, but some U.S. banks are improving on the dividend front. For example, Wells Fargo (...
Carrington Investment Services Executive V.P. Chris Whalen on the outlook for the financial sector.
FBN’s Diane Macedo breaks down the stories moving the markets around the world.
US Bancorp, the Minneapolis banking concern, on Wednesday reported fourth-quarter net income reached $1.35 billion, or 72 cents a share, from $1.31 billion, or 69 ce...
Ten big U.S. mortgage lenders have agreed to pay a combined $8.5 billion to settle charges the banks improperly handled foreclosures in the wake of the housing crisi...
FBN’s Adam Shapiro on Lazard announcing a special dividend.
FBN’s Lori Rothman with an afternoon market update, plus news that HSBC will pay the largest fine ever for a bank, more than $1.9 billion, for a money laundering probe.
Stock index futures were close to flat on Wednesday as investors awaited quarterly results from Bank of America Corp , which could provide more insight into the stat...
Delphi Management Chairman Scott Black on why he believes the most opportunity for investors is in the S&P 500 in today’s market.
SunTrust (NYSE:STI) seemed to be the latest bank being targeted with a denial of service attack Wednesday afternoon in a chain of cyber attacks that hit Capital One ...
Capital One (NYSE:COF) experienced a denial of service attack on its website Tuesday afternoon, a day after a hacker group claiming to be associated with a terrorist...
ProShares has changed indexing strategies for two ETFs linked to European stocks.The ProShares Ultra Europe ETF (NYSEARCA:UPV) and the ProShares UltraShort Europe ET...
Given that the Berkshire Hathaway (NYSE: BRK-A) equity portfolio is currently comprised of more than 40 securities, many investors face a daunting task when it comes...
It is well-known that the U.S. consumer accounts for about two-thirds of this country's GDP and it has been cheery consumers that have helped push stocks higher. The...
A favorite tool of value investors, the price-to-cash-flow is a gauge of the market's beliefs in a company's future financial health. Uses as an indicator of relativ...
With results from another batch of Federal Reserve stress tests on U.S. banks expected to start trickling in later today, the sector is showing signs of life, but in...
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett may have surprised the markets with the $28 billion purchase of H.J. Heinz Company (NYSE: HNZ), but t...
U.S. Bancorp (USB) and SunPower Corp. (SPWR) are investing $100 million in to install solar-power systems on the roofs of about 3,000 U.S. homes, the companies said ...
