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Saab upgrading bid for Brazil FX-2 contest
NEW YORK, Nov. 7 (UPI) -- Warren Buffett considered the third quarter a good time to go shopping for stocks, a Berkshire Hathaway regulatory filing revealed.
In July, August and September, Buffett's investment firm bought $20 billion in stocks, a significant increase from the second quarter, when Berkshire Hathaway bought $3.6 billion in stocks and the first quarter, when the firm spent $1 billion, CNNMoney reported Monday.
Buffett's biggest shopping day for the third quarter was the first day of trading after Standard & Poor's cut the U.S. credit rating, for the first time ever, from a triple A rating to AA+.
The S&P 500 index dropped more than 6 percent, which Buffett said later was "like buying on sale."
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| Additional Business News Stories | |
WASHINGTON, May 22 (UPI) --
Maintaining a flat level of natural gas production from U.S. shale deposits is an elusive prospect, an energy policy director told U.S. lawmakers.
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HUNTSVILLE, Ala., May 22 (UPI) --
The U.S. Army reports it's Project Office for Armed Scout Helicopters has completed deliveries of 407 Bell Helicopters to Iraq.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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