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>> WARREN BUFFETT Latest News

FEB 05, 2016 - Business Insider

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STOCKS CRUSHED AFTER THE JOBS REPORT: Here's what you need to know

Happy Jobs Day! Stocks got hammered after the January jobs report showed fewer jobs than expected were added in the first month of 2016 though the unemployment rate fell to a new eight-year low and wage growth was better than expected.  First, the scoreboard: Dow: 16,204, -211.89, (-1.29%) S&P 500: 1,874.75, -35.50, (-1.86%) Nasdaq: 4,021, -138.12, (-3.32%) WTI crude oil: $31.01, -2.32% The jobs report ...

Tags: STOCKS CRUSHED AFTER THE JOBS REPORT: Here's what you need to know,  Warren Buffett Latest News

FEB 05, 2016 - Business Insider

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Here's the truth about the stock market in 16 charts (DIA, SPY, SPX, QQQ)

As markets reporters, our most important responsibility is to provide readers with some helpful context for what's going on. This is particularly important during periods of heightened volatility like what we've been experiencing for the past few months. For this post, we're going to skip the laundry list of reasons why stocks might be getting whipsawed right now. Rather, we're gonna think longer ...

Tags: Here's the truth about the stock market in 16 charts (DIA, SPY, SPX, QQQ),  Warren Buffett Latest News

FEB 05, 2016 - Forbes

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Is Warren Buffett Betting On the Wrong Commodity As Gold, Silver Rally?

Legendary value investor Warren Buffett is making headlines in financial markets as his company, Berkshire Hathaway (NYSE: BRK.B), announced that it increased its exposure to oil refining company Phillips 66 (NYSE: PSX).

Tags: Is Warren Buffett Betting On the Wrong Commodity As Gold, Silver Rally?,  Warren Buffett Latest News

FEB 04, 2016 - Investors Business Daily

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Warren Buffett Can’t Seem To Get Enough Of This Stock

Warren Buffett continued to scoop up shares of Phillips 66 this week, even as oil prices rallied.

Tags: Warren Buffett Can’t Seem To Get Enough Of This Stock,  Warren Buffett Latest News

FEB 04, 2016 - Seattle Times

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Buffett’s firm now owns nearly 14 percent of Phillips 66

OMAHA, Neb. (AP) — Berkshire Hathaway has purchased nearly 1.7 million more shares of Phillips 66 to give it ownership of almost 14 percent of the oil refiner. The conglomerate led by Warren Buffett reported the latest stock purchases this week. Berkshire now owns 73.98 million Phillips 66 shares worth roughly $5.9 billion. Berkshire revealed […]

Tags: Buffett’s firm now owns nearly 14 percent of Phillips 66,  Warren Buffett Latest News