Buffett Invests $5 Billion In Bank Of America

Buffett invests $5 billion in Bank of America

NEW YORK (AP) -- Warren Buffett is coming to the rescue of another fallen giant....

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BING NEWS:
  • Warren Buffett Invests $5 Billion in Bank of America
    Warren Buffett’s Berkshire Hathaway Inc. will invest $5 billion in Bank of America to keep the company afloat after subprime mortgage-related losses left the lender low on capital. Bank of America announced the investment Thursday, saying it would sell ...
    08/25/2011 - 11:25 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 - 10:25 am | View Link
  • Buffett invests $5 billion in Bank of America
    Buffett’s Berkshire Hathaway announced today that it would invest $5 billion in Bank of America Corp., giving a much-needed vote of confidence in the struggling bank. The bank’s stock had plunged 52 percent in the past year on concerns over the bank ...
    08/25/2011 - 5:44 am | View Link
  • 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 - 5:27 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 - 2:51 am | View Link
  • Warren Buffett Invests $5 Billion With Bank Of America, Plans NYC Obama Fundraiser
    Bank of America says that Berkshire Hathaway, headed by tax-loving billionaire Warren Buffett, will invest $5 billion as the company tries to emerge from its disastrous, economy-wrecking involvement with subprime mortgages. BoA's shares have recently ...
    08/25/2011 - 12:58 am | View Link
  • Warren Buffett Invests $5 Billion in BofA
    Warren Buffett gave the major bank a vote of confidence by investing $5 billion. Shira Ovide reports on the deal, which netted Buffett $700 million in paper profit in the first 30 minutes of trading. (Photo: Getty Images.)
    08/25/2011 - 12:37 am | View Link
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