Workforce Reduction Announcements – A Useful Unemployment Indicator
Jan25

Workforce Reduction Announcements – A Useful Unemployment Indicator

Job cut announcements made by large corporations are a useful and perhaps better indicator of unemployment than government released labour data.  While official unemployment data provided by Statscan in Canada and the BLS in the U.S. give more precise numbers, they look at historical data.  The numbers then make up the most current unemployment rate.  Similarly, unofficial payroll and jobs data provided by companies such as ADP also...

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Warren Buffett (Berkshire Hathaway) Stock Portfolio – Update 2011 Q3
Nov16

Warren Buffett (Berkshire Hathaway) Stock Portfolio – Update 2011 Q3

Warren Buffett’s Berkshire Hathaway stock holdings for Q3 2011 was filed on 11/14/2011 (and amended 11/15/2011).  There was a lot of activity this quarter with new stakes in CVS Caremark, DIRECTV, General Dynamics, Intel, Visa, and a very large stake in IBM.  Holdings of ConocoPhillips, Johnson & Johnson, and Kraft were reduced.  Stakes in Dollar General, M&T Bank Corp, and Wells Fargo were increased. Warren Buffet’s Berkshire...

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Highlights From Liz Claman’s Interview With Buffett
Oct03

Highlights From Liz Claman’s Interview With Buffett

On Friday, September 30 2011, FOX Business Network’s (FBN) Liz Claman spoke with Berkshire Hathway’s CEO, Warren Buffett.  During the interview Buffett clarified his position on taxing the ultra wealthy in a manner that would be fair (and that it would not apply to people the average individual).  He also answered questions regarding Berkshire’s future investments as well as his investment in Bank of America [BAC].  In...

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Warren Buffett (Berkshire Hathaway) Stock Portfolio – Update 2010 Q4
Feb23

Warren Buffett (Berkshire Hathaway) Stock Portfolio – Update 2010 Q4

Warren Buffett’s Berkshire Hathaway stock holdings for Q4 2010 was filed on 2/14/2011.  There has been a lot stock activity, with additions made to Wells Fargo & Co, reductions to Bank of New York Mellon, Moody’s, and complete sell offs in Bank of America, Becton & Dickinson, Comcast, Fiserv Inc, Lowes, Nalco Holding Co, Nestle, and Nike. Warren Buffet’s Berkshire Hathaway (BRK.A / BRK.B) stock updates for the fourth...

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Obama Signs Financial Reform Law

On Wednesday, July 21 2010, US President Barack Obama signed the historic bank reform bill, the largest overhaul of the US financial industry regulation since the Great Depression.  The legislation is named the Dodd-Frank Wall Street Reform and Consumer Protection Act. . The main items of the bill include measures aimed to regulate the industry and protect consumers: – Ban proprietary trading by banks. – Oversight of the...

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