Advertisements


In coronavirus pandemic, Warren Buffett sells some Delta, Southwest airlines stock

Shares of both airlines plunged in after-hours trading Friday......»»

Category: topSource: foxnewsApr 3rd, 2020

Delta predicts 90% revenue decline; Berkshire Hathaway sells nearly 13 million shares

Delta CEO Ed Bastian says his company has not yet hit bottom as it is ravaged by fallout from the novel coronavirus pandemic. What's more, billionaire Warren Buffett has parted with nearly 13 million shares of Delta stock. In a memo to Delta Air.....»»

Category: topSource: bizjournalsApr 3rd, 2020

Warren Buffett Adds to Delta Investment as Airlines Plunge to Value Territory

Coronavirus fears have taken their toll, providing an opportunity for investorsCheck out Warren Buffett Stock Picks » Download GuruFolio Report of Warren Buffett (Updated on 03/02/2020)Related Stocks: DAL, AAL, LUV, UAL, BRK.A, BRK.B,.....»»

Category: blogSource: gurufocusMar 3rd, 2020

Warren Buffett is too "pessimistic" about airlines" coronavirus recovery, Southwest"s CEO says

Chip Somodevilla / Getty Warren Buffett is too negative about the airline industry's post-coronavirus outlook, Southwest Airlines CEO Gary Kelly told CNN on Wednesday. The billionaire investor's Berkshir.....»»

Category: topSource: businessinsiderMay 7th, 2020

Berkshire Hathaway Sells Airlines as They Become Too Hard to Understand

Thoughts on Buffett's recent updatesCheck out Warren Buffett Stock Picks » Download GuruFolio Report of Warren Buffett (Updated on 05/03/2020)Related Stocks: DAL, LUV, BRK.A, BRK.B,.....»»

Category: blogSource: gurufocusMay 4th, 2020

Airline stocks sink after Warren Buffett bails on industry, Air Canada’s downbeat outlook

Shares of airlines took a dive Monday, after Warren Buffett said he sold off his large stakes in four air carriers, and after Air Canada gave a downbeat assessment of the overall industry amid the coronavirus pandemic......»»

Category: topSource: marketwatchMay 4th, 2020

Buffett"s Berkshire posts nearly $50 billion loss on coronavirus, operating profit rises

Warren Buffett's Berkshire Hathaway Inc on Saturday posted a record net loss of nearly $50 billion as the coronavirus pandemic pummeled its common stock investments, but operating profit rose even as COVID-19 hurt its businesses......»»

Category: topSource: reutersMay 2nd, 2020

Market Extra: Here’s Warren Buffett’s chance to offer coronavirus-shaken investors his insights on a topsy-turvy stock market

If Warren Buffett has any words of comfort or warning for stock-market investors dazed and confused by the COVID-19 pandemic, they will presumably hear them on Saturday......»»

Category: topSource: marketwatchMay 1st, 2020

Southwest Nosedives on 1st Quarterly Loss in a Decade

Berkshire-owned airline warns of significant revenue decline in May on coronavirus-related pressureCheck out Warren Buffett Stock Picks » Download GuruFolio Report of Warren Buffett (Updated on 04/27/2020), Check out PRIMECAP Management.....»»

Category: blogSource: gurufocusApr 28th, 2020

United Airlines sells $1 billion of stock in fresh move to weather pandemic

United Airlines Holdings Inc on Tuesday announced a public offering to raise more than $1 billion, the first major airline to sell equity to help it survive a sharp travel downturn in the coronavirus pandemic......»»

Category: topSource: reutersApr 21st, 2020

The US government is emulating Warren Buffett in its airline bailouts, and could join him as a shareholder in the "big 4" carriers

Paul Morigi/Getty Images for Fortune/Time Inc The US government could join Warren Buffett as a shareholder in American Airlines, United Airlines, Delta Air Lines, and Southwest Airlines. The Treasury is demanding the airlines repay 30% of .....»»

Category: topSource: businessinsiderApr 14th, 2020

The US government is emulating Warren Buffett in its airline bailouts, and could join him as a shareholder in the "big 4"

Paul Morigi/Getty Images for Fortune/Time Inc The US government could join Warren Buffett as a shareholder in American Airlines, United Airlines, Delta Air Lines, and Southwest Airlines. The Treasury is demanding the airlines repay 30% of .....»»

Category: topSource: businessinsiderApr 14th, 2020

Video: Buffett Curbs Delta, Southwest Stakes After Losing $5.3 Billion on Airline Stocks

The airline industry has been beaten down in recent months due to the Covid-19 pandemicCheck out Warren Buffett Stock Picks .....»»

Category: blogSource: gurufocusApr 6th, 2020

Delta stock falls 7% as Buffett"s Berkshire Hathaway sells some of its stake, airline expects worse Q2

Shares of Delta Air Lines Inc. fell more than 8% in the extended session Friday after the airline said its second quarter will be "even more difficult than the first" and Warren Buffett's Berkshire Hathaway Inc. disclosed it.....»»

Category: topSource: marketwatchApr 3rd, 2020

Warren Buffett"s Berkshire Hathaway sold nearly $390 million worth of Delta and Southwest shares this week

Kevin Lamarque/Reuters Warren Buffett's Berkshire Hathaway sold nearly $390 million worth of shares in Delta Air Lines and Southwest Airlines thi.....»»

Category: topSource: businessinsiderApr 3rd, 2020

Warren Buffett"s Berkshire Hathaway snapped up Delta stock after coronavirus sent it down 20%

Bill Pugliano/Getty Warren Buffett's Berkshire Hathaway bought Delta stock during the coronavirus-dr.....»»

Category: topSource: businessinsiderMar 3rd, 2020

Warren Buffett"s Berkshire Buys More Delta Airlines Shares

Delta has lowest price-earnings ratio, highest dividend of his airline stocksCheck out Warren Buffett Stock Picks » Download GuruFolio Report of Warren Buffett (Updated on 03/10/2019)Related Stocks: DAL, AAL, UAL, LUV, BRK.A, BRK.B,.....»»

Category: blogSource: gurufocusMar 11th, 2019

Is Warren Buffett Buying Southwest Airlines? Possibility Pushes Stock Up 4%

"Just writing about the possibility of a huge purchase has caused my pulse rate to soar," Buffett told Berkshire Hathaway shareholders. A few days after Warren Buffett told B.....»»

Category: europeSource: fortuneFeb 28th, 2019

Shares of Southwest soar after speculation of takeover by Warren Buffett

Stock for Southwest Airlines spiked the morning of Feb. 28 on social media speculation that Berkshire Hathaway Inc. was considering a takeover bid, according to Bloomberg News. The speculation of a deal first appeared with a mention by StockTradersNET.....»»

Category: topSource: bizjournalsFeb 28th, 2019

Southwest Stock Is Flying High Because Even the Rumor of a Warren Buffett Takeover Excites Investors

The heightened response to pure speculation shows that investors view airlines in a much different light than they did in the recent past......»»

Category: topSource: barronsMar 1st, 2019

"The brand is special": Warren Buffett called on American Express" CEO to protect its reputation during the coronavirus pandemic

Bill Pugliano / Getty Warren Buffett called on American Express CEO Stephen Squeri to safeguard the company's brand and customer relationships during the coronavirus pandemic. "The one thing he has and will co.....»»

Category: topSource: businessinsider17 hr. 49 min. ago