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Berkshire May Join S&P 500
 Berkshire May Join S&P 500 

Berkshire May Join S&P 500

Burlington Northern acquisition puts Buffett in index's sights

(Newser) - Could Warren Buffett finally be headed to the S&P 500? For years, Berkshire Hathaway’s stock—both the A shares and the so-called “Baby Berkshire” B shares—have been too expensive for the index, at $101,000 and $3,380 each, respectively. But now that Berkshire has acquired...

Cramer Is Fun, Informative, and Mostly Wrong
Cramer Is Fun, Informative, and Mostly Wrong
Analysis

Cramer Is Fun, Informative, and Mostly Wrong

(Newser) - With Wall Street in shambles, Jim Cramer’s ratings are higher than ever—which is fine as long as you ignore his stock picks, Bill Alpert writes in Barron’s. Cramer doles out thousands of buy/sell recommendations a year that consistently underperform the market. Alpert examined Cramer’s record from...

Fannie, Freddie Take Another Beating on Bailout Fears

Falling market caps raise investor fears of government action

(Newser) - Share prices of Fannie Mae and Freddie Mac took another precipitous plunge yesterday as investors fear the home mortgage giants will not be able to avoid a government bailout, the Wall Street Journal reports. An article in Barron’s stoked smoldering concerns that the companies will not be able to...

Fox Business Sets a Date
Fox Business Sets a Date

Fox Business Sets a Date

Dow Jones deal uncertainty won't keep upstart network from October launch

(Newser) - With 30 million potential viewers already lined up, News Corp. will launch its new Fox Business Network on October 15. The cable channel will make its debut whether or not the pending Dow Jones deal is done, the Motley Fool reports, with Neil Cavuto at the helm and the onetime...

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