The S&P closed higher on Tuesday after Warren Buffett stunned the Street and purchased Burlington Northern in what the billionaire investor called a bet on the U.S. economy. Read More
Just minutes after this morning's announcement that Berkshire Hathaway is paying $26 billion to acquire the 77 percent of Burlington Northern Santa Fe it doesn't already own, Warren Buffett spoke live by phone with Becky Quick and Joe Kernen on CNBC's Squawk Box. This is the complete transcript of their conversation. Read More
Railroads are up: Union Pacific and CSX up 7 percent, Norfolk Southern up 5 percent — and it's not because everyone thinks all the railroads will be bought out. Read More
Warren Buffet’s Berkshire Hathaway announced Tuesday it will acquire the remaining 77 percent stake in Burlington Northern Santa Fe that it doesn't already own for $100 a share in cash and stock. Art Hatfield, a transportation analyst with Morgan Keegan shared his insights on the decision.
Read More
While the Burlington Northern deal is getting a lot of attention, it has not brought pre-open trading in the S&P futures into positive territory yet. Risk aversion has become a more prominent theme since last Wednesday, when the S&P 500 dropped below its 50-day moving average for the first time since July. Read More
Considering weakness in commodities is dragging down stocks Monday, should you sift through the rubble for buying opportunities? Or is the run done? Read More
A flood of companies have yet to report earnings throughout this week, so how should investors prepare their portfolios? Jason Pride, director of research at Haverford Investments, shared his views. Read More
Rail and intermodal company, CSX is scheduled to report after the bell today. While it has beaten EPS expectations 3 of the past 4 quarters, it has missed revenue expectations in the past three quarters according to First Call data. Before then, it beat revenue targets for 5 straight quarters. Read More
Jason Pride, director of research at Haverford Investments and Dean Barber, founder and president of Barber Financial Group told investors how the month of September will be for markets and how they should position their portfolios. Read More