Stories Related to Buffett Invests $5 Billion In Bank Of America

By PALLAVI GOGOI, Associated Press
Thu, 08/25/2011 - 8:49am

NEW YORK (AP) -- Warren Buffett is coming to the rescue of another fallen giant....

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Topics: bank of america banks berkshire hathaway billion investment problem banks warren buffett

Bill Gates repeats at top of Forbes' list of billionaires
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US medicine spending shows rare dip
Total U.S. spending on prescription medicines declined last year, a first in more than half a century. The dip was 1 percent, to $325.8 billion — a 3.5 percent drop after accounting for population growth and economic expansion, according to the IMS Institute for Healthcare Informatics. More
Microsoft may buy Barnes & Noble's Nook unit for $1 billion
According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. More
US casino revenue up nearly 5 percent in 2012
Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. According to the annual survey of casinos by the American Gaming Association, America’s nontribal casinos took in $37.3 billion from gamblers last year, an increase of 4.8 percent over 2011. More
YouTube Claims Victory Over TV - Battle Won With One Billion Visitors Per Month
With more than one billion unique visitors every month, YouTube asserted last night that the battle between television and the online video giant is over. YouTube claimed victory with six billion views per month. According to the Wall Street Journal, which cited Mark Mahaney's estimates, a stock analyst at RBC Capital Markets, that YouTube generated about $4 billion in revenue in 2012, up from $2.5 billion in 2011. More

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$99 Billion Bet: Warren Buffett Invests Heavily In 2 Stocks Expected To Jump 19% And 20%, Wall Street Analysts Predict (CORRECTED)
Warren Buffett's investment strategy is a case study in bold and safe play. Nearly $99 billion is pegged on two iconic names: Apple and Coca-Cola. Through Berkshire Hathaway, Buffett has channeled a ...
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Behind SoftBank’s $7.7 Billion Profit: Help From T-Mobile
Global tech investor SoftBank posted a $7.7 billion profit in the third quarter, its largest in two years by far. Aiding results: a run-up in shares from an old investment in T-Mobile that long ...
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Billionaire Warren Buffett Sold $10.5 Billion of Bank of America Stock, but Has Spent Almost $78 Billion Piling Into Another Financial Colossus
Based on these filings, we've learned that Warren Buffett and his top investment aides, Ted Weschler and Todd Combs, have been very selective buyers in recent years. More specifically, Berkshire's ...
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Billionaire Warren Buffett Sold $10.5 Billion of Bank of America Stock, but Has Spent Almost $78 Billion Piling Into Another Financial Colossus
Since July 17, Berkshire Hathaway has filed 16 separate Form 4s concerning Bank of America. Over this stretch, more than 266 million shares of BofA have been sold, totaling $10.52 billion and ...
11/3/2024 - 4:05 pm | View Link
Berkshire’s cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls
including several billion dollars of Bank of America shares, that Berkshire sold in the quarter. Buffett said in May that he expected Apple to remain Berkshire’s largest stock investment ...
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Joni Ernst, head of the Senate's new DOGE caucus, wants to make the federal establishment 'squeal' through trillions in cuts
Business Insider, Sunday - 11/24/2024 - 09:18 PM
Sen. Joni Ernst will lead the Senate's DOGE caucus. Mariam Zuhaib/APGOP Sen. Joni Ernst of Iowa is set to lead the new DOGE caucus in the US Senate. She said on Fox News on Sunday that her goal is to make the federal establishment "squeal."It remains unclear how the new Department of Government Efficiency and Senate caucus will function.
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Nvidia CEO Jensen Huang says we're still several years away from getting an AI we can 'largely trust'
Business Insider, Sunday - 11/24/2024 - 09:03 PM
Nvidia CEO Jensen Huang said companies will need more computational power to improve artificial intelligence. Mads Claus Rasmussen/Ritzau Scanpix/AFP via Getty ImagesNvidia CEO Jensen Huang said in a recent interview that today's AI doesn't provide the best answers."We have to get to a point where the answer that you get, you largely trust," he said.
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Marc Benioff thinks we've reached the 'upper limits' of LLMs — the future, he says, is AI agents
Business Insider, Sunday - 11/24/2024 - 07:40 PM
In a podcast appearance, Salesforce CEO Marc Benioff said he thinks the future of AI lies in agents that do tasks autonomously. Brontë Wittpenn/San Francisco Chronicle via Getty ImagesTech titan Marc Benioff says we're near the "upper limits" of LLM use in AI advancement. In a podcast, the Salesforce CEO said the future of AI lies in agents that work autonomously."'Terminator'?
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AI is both a new threat and a new solution at the UN climate conference
Business Insider, Sunday - 11/24/2024 - 05:40 PM
The UN COP29 climate summit is in Baku, Azerbaijan. Rustamli Studio/Getty ImagesAI requires enormous amounts of energy, threatening global net zero goals. Tech giants may use fossil fuels short-term, raising concerns about clean energy commitments. AI is also ushering in an era of nuclear power, however, which is cleaner. The rapid development of AI is likely to affect global net zero goals in both positive and negative ways.
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Charlotte Tilbury's Black Friday sale has already started — you can score some major deals right now
Business Insider, Sunday - 11/24/2024 - 05:36 PM
When you buy through our links, Business Insider may earn an affiliate commission. Learn moreCharlotte Tilbury/Business InsiderWith its big discounts, Black Friday is a great time to shop for makeup of all kinds — but it's an even better time to be a Charlotte Tilbury fan. You can start shopping discounts now through December 3, with multiple promotions running throughout.
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Albuquerque is one of the top 30 most affordable metros in the nation
BizJournals, Sunday - 11/24/2024 - 04:49 PM
Albuquerque is one of the top 30 most affordable cities according to data analysis by The Business Journals. The analysis examined regional affordability data from the U. S. Bureau of Economic Analysis (BEA) for the 100 largest metro areas in 2019. Albuquerque ranked at 27 overall out of the 100 cities examined. The BEA's regional price parity index totals show how costs compare in a metro compared to the national baseline of 100.
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Stories Related to Buffett Invests $5 Billion In Bank Of America

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