Prominent value investor Warren Buffett made a bet on the future of America with his purchase of Burlington Northern Santa Fe (BNI). While few are as rich as Buffett, it doesn’t mean you can’t play along with what he’s buying using exchange traded funds (ETFs).
Warren Buffett’s company Berkshire Hathaway (BRK-A) announced this ...
As a follower of Warren Buffett, I learned about Berkshire Hathaway’s (BRK-A) acquisition of Burlington Northern Santa Fe (BNI) early yesterday morning. Most value investors probably were interested in learning more about how Mr. Buffett valued BNI. What is the intrinsic value of BNI? What kind of margin of safety did Buffett’s $100 per share [...]
• Sony (NYSE:SNE) said weak cell phone sales and lower PlayStation III console prices resulted in another quarterly loss. The firm also said full-year prospects improved from the company's aggressive cost-cutting measures
• Alcatel-Lucent (NYSE:ALU) reported its twelfth straight quarterly loss of $269 million. The firm said it expects operating results to break even by yearend
• Duke Energy (NYSE:DUK) reported third quarter earnings one cent above Zacks estimates at 40 cents, as revenues of $3.4 billion were below Zacks estimates of $4.25 billion. The company noted, "Industry sales volumes continued to show signs of stabilization"
• ITT Industries (NYSE:ITT) reported third quarter beat Zacks estimates by 14 cents a share, coming in at $1.03 on inline revenues of $2.7 billion, down 6.3%
• Coventry Health Care (NYSE:CVH) reported its third quarter of 68 cents topped Zacks estimates by 14 cents, on inline revenues of $3.44 billion, up 17.7%
• Aon (NYSE:AOC), reported third quarter results of 65 cents a share, a penny miss, on revenues of $1.81 billion. The firm set full-year guidance at $3.25-$3.45
• Constellation Energy (NYSE:CEG) posted third quarter earnings of $1.23, 16 cents above Zacks estimates, on revenues of $4.03 billion. The firm said it expects 2009 results of $3.25 to $3.45 a share
• Citigroup (NYSE:C) raised its rating on Toll Brothers (NYSE:TOL) to "buy" and maintained $23 price target
Asian Stocks rise as earnings, Japan jobless data, stoke growth optimism.Bank of Japan keeps benchmark rate at 0.1%, stops buying corporate debt.Dollar falls for fourth month against Euro, US growth aids risk demand.Japan central bank forecasts 3 years of deflation as it ends emergency credit steps.[More...]
Constellation Energy Group Inc. (CEG) and EDF Development Inc. recently announced that the U.S. Nuclear Regulatory Commission (NRC) has approved the investment structure and license transfer related to EDF’s investment in Constellation Energy Nuclear Group LLC.
EDF Development Inc. — the wholly owned subsidiary of French energy major EDF S.A. — is planning to acquire 49.99% [...]
Companies featured in this segment: Electricite de France SA (EPA:EDF), Constellation Energy Group Incorporated (NYSE:CEG), Centrica plc (OTC:CPYYY), Deutsche Bank AG (NYSE:DB), Morgan Stanley (NYSE:MS), National Grid plc (NYSE:NGG), Suncor Energy Incorporated (NYSE:SU), Husky Energy Incorporated (OTC:HUSKF), Mitsubishi Heavy Industries Limited (TYO:7011), Mitsubishi Corporation (OTC:MSBHY) (Tokyo), Kajima Corporation (TYO:1812) (Tokyo), Obayashi Corporation (TYO:1802), Sojitz Corporation (TYO:2768), Invensys plc (OTC:IVNYY), ConocoPhillips (NYSE:COP), Peabody Energy Corporation (NYSE:BTU), Tyson Foods Incorporated (NYSE:TSN)
Companies featured in this segment: Halliburton Company (NYSE:HAL), ArcelorMittal (NYSE:MT), Siemens AG (NYSE:SI), Vale (NYSE:RIO), Constellation Energy Group Incorporated (NYSE:CEG), ArcelorMittal (NYSE:MT), Morgan Stanley (NYSE:MS), China Oriental Group Company Limited (HKG:0581), E.ON AG (OTC:EONGY), Scottish and Southern Energy plc (LSE:SSE), Areva SA (EPA:CEI), GDF Suez SA (EPA:GSZ), Enel SpA (BIT:ENEL), E.ON AG (OTC:EONGY), Ispat Industries Limited (BSE:500305), JSW Steel Limited (BSE:500228), and Steel Authority of India Limited (BSE:500113)
Companies featured in this segment: The Constellation Energy Group (NYSE:CEG), MidAmerican Energy Holdings Company, Electricite de France SA (EPA:EDF), Foster Wheeler's (NASDAQ:FWLT), Alstom (EPA:ALO), Power Grid Corporation of India Limited (BSE:532898), Smithfield Foods Incorporated (NYSE:SFD), Farmland Foods Incorporated, NTPC Limited (BSE:532555), Steel Authority of India Limited (BSE:500113), National Mineral Development Corporation (BSE:526371), and Westlake Chemical Corporation (NYSE:WLK).
Companies featured in this segment: VeraSun Energy (NYSE:VSE), Petrobras Energia (NYSE:PZE), Reliance Industrial Infrastructure Limited (BSE:523445), GMR Infrastructure Limited (BSE:532754), Larsen & Toubro Limited (BSE:500510), Hindustan Construction Company Limited (BSE:500185), GVK Power and Infrastructure Limited (BSE:532708), International Power plc (OTC:IPRPY), Siemens AG (NYSE:SI), Yingli Green Energy Holding Company (NYSE:YGE), Energy Development Corporation (PSE:EDC), and Constellation Energy Group Incorporated (NYSE:CEG).
