Omaha. Class a stock up more than 11 so far this year and that, of course, outperforms the major averages. Our becky quick is live in the aforementioned omaha. Hi, becky. Tyler, thank you very much. Warren buffett is called the oracle of omaha for a reason, he made a lot of money for a lot of people. He had a gain of 24. 8 in shares of berkshire. That may not sound like a lot but it crushed the return on the s p 500. He built up millionaires over time and a lot of those people have loyalty to him. That doesnt mean every investment he makes is a winner. He is the first to admit he made a lot of mistakes. The winners start out looking like losers, too. The jury is still out on a stake hes been building up over the last 4 1 2 years, ibm. Right now it looks like a huge loser. He built up an will 8. 5 stake in the company itself and hes done that at the average price of 1 p 170 a share. For now, buffet is standing by ibm. We feel fine or we wouldnt own it. And we never sold a share of ibm.
Than buyback shares. About 144thhutting in america. Second quarter profits it also cut its fullyear forecast. The shooting of michael brown. 47 people were arrested overnight. Holderl comes as eric makes his way to ferguson today to invest it investigate the shooting. Says he has his work cut out for him, saying the vigorous prosecution must now be pursued here it the democratically elected prosecutor and the attorney general of the United States each have a job to do. Peter cook has been following this story very closely. What is it eric holder needs to do right now . He needs to head to ferguson and reassure that community the federal government is conducting its own, separate independent investigation of the shooting of michael brown. He needs to reassure the community of that. He needs to meet with Community Leaders and talk to fbi officials who have been on the interviews andg investigation for the Justice Department. They are looking specifically for whether Michael Browns civil
Assets. H sell luxury first up we go to d. C. , a facing an budget deal the first vote in the house this afternoon. Our chief washington withspondent peter cook is me with more on this modest deal, i think we can call it prevent another Government Shutdown the next two years but is the vote going to clear . Democrats and republicans i pretty o seemed confident in the house and in the senate this measure will despite the ress fact it faces criticism from conservatives that it doesnt do make a dent in the deficit and criticism from it ral democrats that doesnt do enough to help those hurting on unemployment and doesnt extend unemployment benefits. Nobody likes the deal for one reason or another despite the fact it sets the next two s years and turn off the sequester kwu cuts, some of them. Oesnt deal with taxes or entitlement programs. The leadership say it is better than the alternative and that is another Government Shutdown in january and another cloud of crisis. I dont like it, much
Hudson Pacific Buys Out Partner in SF Office Building therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Operator: Hello, and welcome to Hudson Pacific Properties First Quarter 2024 Earnings Conference Call. My name is Lydia, and I will be your operator today. [Operator Instructions].