Buffett craves more Apple shares, endorses its buybacks
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett has been buying a boatload of Apple Inc shares and on Saturday suggested he would buy even more shares at the right price. At Berkshire Hathaway Inc’s annual shareholder meeting, Buffett credited Apple with developing “extremely sticky” products to which consumers become attached and endorsed More...
Apple hits record high after Buffett's Berkshire increases stake
(Reuters) – Apple Inc’s stock hit an all-time high on Friday after Warren Buffett’s Berkshire Hathaway Inc disclosed it bought an additional 75 million shares of the iPhone maker in the first three months More...
World stocks set for biggest weekly loss in a month, dollar climbs before U.S. payrolls
LONDON (Reuters) – World stocks were set for their biggest weekly loss since the middle of March on Friday, while the dollar hovered near highs hit on its recent rally as investors awaited jobs data from the More...
Tesla faces angry Wall Street as CEO Musk snubs analysts on call
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk’s refusal to take questions from analysts about the electric car maker’s financial condition drew sharp criticism from Wall Street analysts and More...
Apple shares rise after sales quell iPhone worries
(Reuters) – Shares of Apple Inc (AAPL.O) rose 3 percent on Wednesday after the company’s quarterly report and current-quarter iPhone sales forecast calmed investor nerves about a potential slowdown in sales More...
U.S. factory activity slows further, tariff concerns grow
WASHINGTON (Reuters) – U.S. factory activity slowed for a second straight month in April, with manufacturers complaining about rising commodity prices in the wake of the Trump administration’s tariffs on More...
U.S. judge mulling compromise decision on AT&T-Time Warner deal
WASHINGTON (Reuters) – The judge who will decide if AT&T will be allowed to buy movie and TV show maker Time Warner indicated on Monday that he could be considering a decision that wasn’t a clear approval More...
T-Mobile, Sprint say $26 billion deal would give U.S. tech lead over China
(Reuters) – T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) said on Sunday they had agreed to a $ 26 billion all-stock deal and believed they could win over skeptical regulators because the merger would create More...
Sainsbury's, Walmart's Asda to create UK supermarket powerhouse
LONDON (Reuters) – Sainsbury’s and Walmart’s Asda are in talks to create Britain’s biggest supermarket group, a combination which would surpass Tesco’s grocery market share and be worth up to 15 billion More...
Canada stock markets, abruptly shut by technical issue, to resume on Monday
TORONTO (Reuters) – Canada’s stock market, the world’s sixth-largest, abruptly shut down on Friday after an outage cut market participants off the main exchanges but will resume trading on Monday after More...