Monday 7 May 2018

Buffett craves more Apple shares, endorses its buybacks

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.

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 of the year.

Wells Fargo to pay $480 million to resolve lawsuit related to sales scandal

(Reuters) - Wells Fargo & Co said on Friday it will pay $480 million to resolve a securities fraud lawsuit related to a sales scandal that surfaced in 2016.

Deutsche Bank to move NY headquarters from Wall Street

(Reuters) - Deutsche Bank AG will shift its New York headquarters from Wall Street to a location midtown, at a time when Germany's largest bank is scaling back its U.S. operations.

Foes of market data fee hikes encouraged by SEC scrutiny

NEW YORK (Reuters) - A recent move by U.S. securities regulators demanding stock exchanges do a better job justifying price changes for public market data feeds could lead to more transparency around data costs, the head of one of the world's largest trading firms said on Friday.

Clayton Homes mimics Buffett approach as it grows

OMAHA, Neb. (Reuters) - Warren Buffett's manufactured housing unit Clayton Homes is borrowing the playbook of Berkshire Hathaway Inc's longtime chairman as it boosts its bet on a growing market for traditional site-built homes.

Jack Ma's Ant Financial adds two new money market funds to its platform

BEIJING (Reuters) - Chinese billionaire Jack Ma's financial technology unicorn Ant Financial Services Group [ANTFIN.UL] is adding two new money market funds to its online wealth management platform Yu'e Bao, which is already the world's biggest money market fund.

Buffett bashes bitcoin as nonproductive, thriving on mystique

Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he has characterized as "rat poison squared," thrive on the hope they'll find other people who will pay more for it.

Mother of all jobs: First gigs of famous moms

NEW YORK (Reuters) - (The writer is a Reuters contributor. The opinions expressed are his own.)

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