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ArchiveA 6th Straight Week in the Red (LULU, RLD, TRV, LYV, LCAPA, YONG, RLD)Posted by Geoff Seiler at 4:41PM on June 10th
For investors who were hoping that yesterday’s rally was an end to the market’s recent declines, today’s action was an unwelcome splash of cold water to the face. The market closed lower for the sixth straight week, and there were…  Time to Accumulate on Weakness? (GPS, LCAPA, KNXA, KIRK, CRM, ARUN, BKS)Posted by Geoff Seiler at 4:44PM on May 20th
Some poor results in the retail sector and renewed concerns about Greece, which saw its debt downgraded again, sent stocks tumbling on the day. With earnings season winding down, we don’t see a lot of catalysts and still expect a… ‘Idol’ Parent Poised for Blockbuster Deal (CKXE, LCAPA, TWX, WMG, CBS, CRWN, DIS, DISCA)Posted by Anita Godse at 11:11AM on May 28th
TV magnate Simon Fuller and former banker Roger Jenkins are expected to bid $600 million for CKX (CKXE), the entertainment company behind “American Idol” and “So You Think You Can Dance”, according to The Wall Street Journal. Fuller, who created the… Buffett’s Omaha Neighbor Reaps Gains from Berkshire (BRK.A, BRK.B, WPVLX, WEHIX, LBTYK, LINTA, LCAPA, CMCSA, RWT, MSFT, CSTR, DELL, COP)Posted by Max Magee at 8:58AM on April 30th
Three months after value-focused investor Wallace Weitz offered a spirited defense of Berkshire Hathaway (NYSE: BRK.A, BRK.B), he noted in a March letter to investors, that the stock was “still very attractively priced.” Weitz, like Warren Buffett who famously runs Berkshire, also… Select Entertainment Shares Headed North (LCAPA, CBS, WMG, DIS, TWX)Posted by Jason Smith at 2:20PM on April 8th
Earlier this week, Deutsche Bank noted that bullish vibes came from meetings with a number of entertainment and media giants. Overall, continued market-share battles will allow select players to outperform, but the improving economy should bolster firms’ willingness to spend… Buffett’s Berkshire Defended by Value-Focused Omaha NeighborPosted by Max Magee at 10:01AM on February 12th
Value-focused investor Wallace Weitz recently offered a spirited defense of Berkshire Hathaway (NYSE: BRK.A, BRK.B), the famous firm run by Warren Buffett, who, like Weitz, hails from Omaha. In a January letter to investors, Weitz opined that Wall Street has ignored Berkshire’s… Buffett’s Value-Focused Neighbor Likes Cable Stocks, Berkshire SharesPosted by Owen Vater at 11:02AM on November 5th
Warren Buffett isn’t the only value investor in Omaha. Weitz Funds president and portfolio manager Wallace Weitz has seen all five of his equity funds appreciate by over 20% in 2009. Newly disclosed holdings indicate a preference for the cable… Omaha’s Other Oracle Beats Buffett, Likes Cable StocksPosted by Max Magee at 9:23AM on August 5th
There are quite a few value-focused, Pro investors that fit the Warren Buffett mold, but not many can claim that they share a hometown with the Oracle of Omaha. Also based in the Nebraska city is Wallace Weitz, the head of… |
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