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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

Warren Buffett touts U.S. economy’s unexpected strength as Berkshire rebounds

Warren Buffett said on Saturday that the U.S. economy is faring far better than he might have predicted early in the coronavirus pandemic, benefiting his conglomerate Berkshire Hathaway Inc (BRKa.N)......»»

Category: topSource: foxnewsMay 1st, 2021

Warren Buffett says he avoided bailing out the "big 4" airlines by dumping their stocks last spring

"You're looking at probably a different result than if we had kept our stock," Buffett said at Berkshire Hathaway's annual meeting. Warren Buffett AP Images Warren Buffett says he avoided a big bill by sellin.....»»

Category: worldSource: nytMay 1st, 2021

Wells Fargo stock surges to 11-month high, even as Warren Buffett sells 75 million shares

Shares of Wells Fargo & Co. surged 4.7% in afternoon trading Wednesday, en.....»»

Category: topSource: marketwatchFeb 17th, 2021

How are airlines doing during the pandemic? Delta lost $12 billion in 2020.

Delta Air Lines executives expect a few more rocky months before — they hope — widespread coronavirus vaccinations and t.....»»

Category: topSource: chicagotribuneJan 14th, 2021

Delta CEO: Coronavirus vaccine could restore profitability by summer

The coronavirus pandemic dealt a major blow to the travel industry, with airlines losing billions of dollars since the outbreak......»»

Category: topSource: foxnewsJan 14th, 2021

In One Chart: Here’s the case for Elon Musk, Warren Buffett and the rest of America’s billionaires sending $3,000 stimulus checks to everybody

"The rich get richer" doesn't even begin to truly capture what's been happening during the coronavirus pandemic......»»

Category: topSource: marketwatchDec 19th, 2020

Berkshire Stock Will Continue Beat the S&P 500 Index

Warren Buffett‘s mistake with airlines is pushing Berkshire’s stock down while other things go up. This is such a re.....»»

Category: blogSource: valuewalkMay 15th, 2020

Delta tabs "iconic" Boeing planes for early retirement

As it attempts to extinguish the daily cash burn caused by the novel coronavirus pandemic, Delta has set an "iconic" line of long-haul jets for early retirement. In a memo to employees Thursday, Delta Airlines Inc. (NYSE: DAL) CEO Ed Bastian said th.....»»

Category: topSource: bizjournalsMay 14th, 2020

Warren Buffett is wrong about airlines" prospects after coronavirus, Raytheon CEO says

Getty Images / Bill Pugliano Warren Buffett is too negative about the.....»»

Category: topSource: businessinsiderMay 13th, 2020

Billionaire investor Howard Marks quoted Warren Buffett to stress the impossibility of predicting the coronavirus pandemic

Screengrab via Bloomberg Billionaire investor Howard Marks quo.....»»

Category: topSource: businessinsiderMay 12th, 2020

Warren Buffett Sold Airlines in April

The Oracle of Omaha doesn’t always buy and holdCheck out Warren Buffett Stock Picks » Download GuruFolio Report of Warren Buffett (Updated on 05/04/2020)Related Stocks: BRK.A, BRK.B,.....»»

Category: blogSource: gurufocusMay 5th, 2020

How Warren Buffett Dealt Boeing Stock a Blow

Boeing was in trouble long before the COVID-19 pandemic forever changed air travel. Things did not get better this weekend, given Warren Buffett’s bad news for airline stocks......»»

Category: blogSource: 247wallstMay 5th, 2020

American, Southwest shares drop as Warren Buffett exits industry

Warren Buffett of Berkshire Hathaway has had a complicated relationship with airlines throughout his investing career......»»

Category: topSource: bizjournalsMay 4th, 2020

"Investors" Ignore Mumbling 90-Year-Old Omaha Man - BTFD As Buffett Sells

'Investors' Ignore Mumbling 90-Year-Old Omaha Man - BTFD As Buffett Sells It's not just airlines... Here's the real reason why billionaire investing 'genius' Warren Buffett didn't spend one penny of his massive cas.....»»

Category: blogSource: zerohedgeMay 4th, 2020

S&P 500, Dow drop as Buffett ditches airlines, China tensions flare

The S&P 500 and Dow Jones dropped for the third session on Monday following a U.S.-China dispute over the origins of the coronavirus outbreak and a move by billionaire Warren Buffett's Berkshire Hathaway to dump stakes in major U.S. airlines......»»

Category: topSource: reutersMay 4th, 2020

Southwest"s CEO says he thinks it"s safe to fly despite the pandemic, and suggests airlines may have already seen the worst of the COVID-19 crisis (LUV)

Reuters Southwest Airlines CEO Gary Kelly said that he thinks it's safe to fly, despite the coronavirus pandemic continuing to rage around the US. On CBS News' "Face the Nation," Kelly als.....»»

Category: topSource: businessinsiderMay 4th, 2020

S&P 500, Dow dip as Buffett dumps airlines, China tensions flare

The S&P 500 and Dow Jones indexes retreated on Monday following a U.S.-China spat about the origins of the coronavirus outbreak, while major carriers slumped after billionaire Warren Buffett's Berkshire Hathaway dumped its stakes in the sector......»»

Category: topSource: reutersMay 4th, 2020

"Big 4" airline stocks plummet after Warren Buffett revealed that Berkshire Hathaway dumped them in April

Paul Morigi / Stringer / Getty Images The "big four" US airline stocks plummeted on Monday. Warren Buffett sold his roughly 10% stakes in American, Delta, United, and Southwest in April, .....»»

Category: topSource: businessinsiderMay 4th, 2020

Stocks open lower as U.S.-China tensions rise; airlines tumble as Buffett dumps stakes

Stocks opened lower Monday, with weakness tied to U.S.-China tensions over blame for the COVID-19 pandemic. Airline stocks tumbled after billionaire investor Warren Buffett on Saturday said Berkshire Hathaway Inc. had dumped all of its stakes in the c.....»»

Category: topSource: marketwatchMay 4th, 2020

Wall St returns to losses as Buffett dumps airlines, China tensions flare

U.S. stocks were set to fall on Monday as a U.S.-Chinese spat about the origins of the coronavirus outbreak worsened while billionaire Warren Buffett's admission he had dumped his airline shares crushed major U.S. carriers......»»

Category: topSource: reutersMay 4th, 2020