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Warren Buffett Talks GOP Tax Cuts
Tuesday, October 3, 2017 - 2:28pm | 357Billionaire investor Warren Buffett thinks President Donald Trump's administration will succeed in passing a tax cut this year, and many business and investors are already positioning themselves to act accordingly. If there are significant changes to the tax code that would reduce tax rates on...
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How Long Does Buffett Plan On Owning Bank Of America? A 'Long, Long, Long Time'
Tuesday, October 3, 2017 - 12:29pm | 387Billionaire investor Warren Buffett thinks that asking him to select his favorite bank stock is similar to asking a parent who their favorite child is. While most parents won't admit to having a favorite child, Buffett has no problem calling out his favorite, Bank of America Corp (NYSE: BAC)....
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Warren Buffett Isn't 100% Convinced The Economy Grew 3%
Wednesday, August 30, 2017 - 1:15pm | 344The U.S. economy grew by 3 percent in the second quarter, which not only marks a major improvement from the original 2.6 percent growth figure last month, but represents the fastest pace of growth seen in two years. But billionaire investor Warren Buffett isn't 100 percent convinced this figure...
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Even The Best Are Wrong Sometimes: Warren Buffett Acknowledges Mistakes In IBM Analysis
Wednesday, August 30, 2017 - 12:25pm | 369Billionaire investor Warren Buffett is considered by many to be the best investor of all time, but even he makes mistakes on occasion. One of his more vocal losses as of late is his stake in International Business Machines Corp. (NYSE: IBM), which he started buying in 2011 at an average cost per...
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Warren Buffett Explains Why He Dumped A Third Of His IBM Stock
Friday, May 5, 2017 - 8:20am | 373Billionaire investor Warren Buffett sold part of his stake in International Business Machines Corp. (NYSE: IBM), a stock he started buying in 2011 at an average cost per share of around $170.40. Buffett's stake in "Big Blue" represented a multi-billion dollar loss throughout 2015 and 2016 and was...
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Warren Buffett Doubles Apple Stake, Cheers iPhone Maker's Stickiness
Monday, February 27, 2017 - 9:14am | 395Billionaire investor Warren Buffett has historically shied away from technology stocks, but he has nothing but praise for Apple Inc. (NASDAQ: AAPL). Buffett told CNBC's Becky Quick that from the period of January 1 through January 31, the day Apple reported its earnings, Buffett personally...
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Treasury Secretary Steven Mnuchin On Tax Reform, Stock Market
Thursday, February 23, 2017 - 9:17am | 342For the first time as Treasury Secretary, Steven Mnuchin sat down for an interview with CNBC's Becky Quick Thursday. Mnuchin was asked if he views the stock market trading at a historical all-time high is a valid barometer of the administration's success. His answer was "absolutely," and the Trump...
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Warren Buffett Is Good On IBM
Friday, May 2, 2014 - 10:21am | 330International Business Machines (NYSE: IBM) had a disappointing earnings report with revenue down for another quarter. Rumors suggested that billionaire investor Warren Buffett wasn't happy with the stock. He confronted them in a recent interview on CNBC with Becky Quick. “That's not true, no....
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Buffett Abstained From Coke Vote, Out Of Respect
Wednesday, April 30, 2014 - 4:12pm | 478The recent Coca-Cola (NYSE: KO) shareholders meeting showed that 83 percent of shareholders voted in favor of the company's compensation and equity plans. Billionaire investor and major stakeholder Warren Buffett later appeared on CNBC, to discuss why he chose to step back from the vote, as...
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Jim Cramer's Take On GM's Announcement of Mary Barra as Next CEO
Tuesday, December 10, 2013 - 11:59am | 339Mary Barra, General Motors' (NYSE: GM) current head of worldwide product development, will replace Dan Ackerson as CEO. As reported by CNBC's Phil LeBeau, historically, she is not only the first CEO of an automotive maker, but the world's largest automaker. Jim Cramer, host of CNBC's Mad Money...
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Warren Buffett Reveals the Keys to His Investment Philosophy and How it Relates to Current Market Conditions
Monday, March 4, 2013 - 10:16am | 1123In an Oriental Trading Company warehouse just outside of Omaha, Warren Buffett, Chairman and CEO of Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) sat down this morning with Becky Quick to lay out some of his recent philosophies on the markets and Berkshire Hathaway. Here are some highlights:...
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Richard Perry Bearish on Spain and Italy
Wednesday, July 18, 2012 - 10:33am | 202Richard Perry, CEO of Perry Capital appeared at CNBC's Delivering Alpha Conference on Wednesday. He participated in the Global Opportunities panel that was moderated by a Squawk Box co-anchor Becky Quick. Other panelists included Peter Briger, Mary Callahan Erdoes, and Jane Mendillo. During the...
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The Billionaires' Road Trip Premieres Tonight On CNBC
Tuesday, November 30, 2010 - 4:40pm | 691"The Billionaires' Road Trip," a CNBC special hosted by Becky Quick, will be premiering tonight at 9 P.M. EST. The show will take viewers behind the scenes with Warren Buffett, Charlie Munger, and Bill Gates as they go to China to tour BYD Co., a Chinese carmaker that Berkshire Hathaway (NYSE:BRK.B...
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Meredith Whitney: Bank Stocks Are Boring
Tuesday, October 5, 2010 - 8:58am | 207Meredith Whitney, said that bank stocks are "boring" in an interview with Becky Quick, as she believes that banks will have one more good quarter, before the credit quality of holdings will deteriorate. She went on to say that financials need vibrant operations outside of the U.S., and need...
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CNBC Squawk Box Likes Apple's Products
Thursday, July 15, 2010 - 9:08pm | 53CNBC's Squawk Box is a fan of Apple's (Nasdaq: AAPL) products. Becky Quick owns an Apple iPhone, but not an iPad. Becky Quick's sidekick, Joe Kernen, owns an iPad, but not an iPhone. Yes, this is news. Everyone likes to know what devices celebrities own.