US medicine spending shows rare dip Total U.S. spending on prescription medicines declined last year, a first in more than half a century. The dip was 1 percent, to $325.8 billion — a 3.5 percent drop after accounting for population growth and economic expansion, according to the IMS Institute for Healthcare Informatics. More
Microsoft may buy Barnes & Noble's Nook unit for $1 billion According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. More
US casino revenue up nearly 5 percent in 2012 Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. According to the annual survey of casinos by the American Gaming Association, America’s nontribal casinos took in $37.3 billion from gamblers last year, an increase of 4.8 percent over 2011. More
YouTube Claims Victory Over TV - Battle Won With One Billion Visitors Per Month With more than one billion unique visitors every month, YouTube asserted last night that the battle between television and the online video giant is over. YouTube claimed victory with six billion views per month. According to the Wall Street Journal, which cited Mark Mahaney's estimates, a stock analyst at RBC Capital Markets, that YouTube generated about $4 billion in revenue in 2012, up from $2.5 billion in 2011. More
UPDATE: 10 reasons why Americans ignore climate disasters - TD Ameritrade ... lovably CEO of a Wall Street bank in ... s "Billionaires Club" met: Buffett ... 4 billion annually in tax subsidies, fights all regulations, ... 04/3/2014 - 12:31 pm | View Link
Markets Live: Next stop US93c - Sydney Morning Herald Markets Live: Next stop US93c - Brisbane Times 03/27/2014 - 11:03 am | View Link
Markets Live: Banks push ahead - Sydney Morning Herald Markets Live: Banks push ahead - Canberra Times 03/27/2014 - 10:17 am | View Link
Buffett Earns $123 Million on Wells Fargo, AmEx Payout Boost - Washington Post Warren Buffett rakes in $132.9 million from bank bet - Canberra Times 03/27/2014 - 9:40 am | View Link
Buffett's bank bet on dividends pays off - Sydney Morning Herald ... them from companies he invests in ... Buffett made a $US5 billion investment in Bank of America in 2011, receiving preferred stock and warrants ... 03/27/2014 - 9:24 am | View Link
Warren Buffett Invests $5 Billion in Bank of America Bank of America Corp, currently the largest bank in the U.S. by assets, announced on Thursday that it would receive a $5 billion investment from Warren Buffett’s Berkshire Hathaway. The investment announcement had an impact on Bank of America’s shares ... 08/26/2011 - 6:22 am | View Link
Buffett invests $5 billion in Bank of America, giving bank a vote of confidence; stock soars NEW YORK — Warren Buffett is coming to the rescue of another fallen U.S. banking giant. Buffett’s Berkshire Hathaway Inc. announced Thursday that it would invest $5 billion US in Bank of America Corp., giving a much-needed vote of confidence to the ... 08/25/2011 - 10:31 am | View Link
Warren Buffett invests $5 billion in Bank of America NEW YORK (AP) -- Warren Buffett is coming to the rescue of another fallen giant. Buffett's Berkshire Hathaway announced Thursday that it would invest $5 billion in Bank of America Corp., giving a much-needed vote of confidence in the struggling bank. 08/25/2011 - 6:45 am | View Link
Warren Buffett Invests $5 Billion In Bank Of America; Stock Soars Shares in Bank of America jumped nearly 25 percent in"premarket trading" this morning after it was reported that billionaire investment guru Warren Buffett is buying a $5 billion stake in the company, The Wall Street Journal's MarketBeat blog writes. 08/25/2011 - 2:40 am | View Link
Buffett Invests $5 Billion in Bank of America 1:04 p.m. | Updated Warren E. Buffett comes to the rescue, again. On Thursday, Berkshire Hathaway, run by Mr. Buffett, announced plans to invest $5 billion in Bank of America, a vote of confidence for the beleaguered financial firm. While investors ... 08/24/2011 - 1:00 pm | View Link
Warren Buffett on Investment | Warren Buffett value ... In Buffett Partnership Letter October 9, 1967, Buffett said, “The evaluation of securities and businesses for investment purposes has always involved a mixture of ... 04/20/2014 - 2:23 am | View Website
Investor Center Get breaking business news and financial analysis, track your stock portfolio and access up-to-the-minute stock market data. 04/19/2014 - 9:15 pm | View Website
Warren Buffett and Investment Theory Project Outline. Roger Lowensteins biography of Buffett goes up to 1995. We are looking for additional information that traces Buffett's professional accomplishment ... 04/19/2014 - 11:42 am | View Website
Warren Buffett Warren Edward Buffett (born August 30, 1930) is an American business magnate, investor, and philanthropist. He is widely considered the most successful investor of ... 04/19/2014 - 11:06 am | View Website
Billionaire Buffett gives away $27 billion CNBC's Becky Quick asks billionaire Warren Buffett, how much money he has given away in the past several year. The CEO of Berkshire Hathaway also weighs in on the ... 04/19/2014 - 5:08 am | View Website
First-quarter revenue at UPS slumped 12 percent as winter storms increased costs for the shipping giant and cut into its revenue.
The Atlanta company says the rough start to the year means that full-year earnings will come in at the low end of earlier forecasts.
UPS posted earnings of $911 million, or 98 cents per share, well short of the $1.08 that Wall Street was looking for, and less than the $1.04 billion, or $1.08 per share, it reported a year earlier.
UPS says winter storms reduced operating profit by $200 million as costs rose.
Revenue rose 2.6 percent to $13.78 billion, but that's still shy of the $13.91 billion that analysts had forecast.
Shares of UPS Inc.
Dunkin' Brands on Thursday reported a lower profit for its first quarter, citing severe weather for dampening its U. S. sales.
Its net income and sales missed Wall Street expectations and shares fell 3 percent to $47.59 in premarket trading.
The company, which also owns ice cream chain Baskin-Robbins, nevertheless stood by its outlook for the year.
At Dunkin' Donuts stores in the U.
Verizon's $130 billion deal to take over of all of Verizon Wireless is helping lift its profit.
The New York-based telecommunications company completed its acquisition of the 45 percent stake in its wireless division from Vodafone Group PLC in February.
Verizon Communications Inc.