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’Snap news
Breaking pre-market news on Monday,
- Aberdeen Asset Management says it has seen some slowing of gross inflows — statement.
- Warren Buffett increases stake in Tesco – report.
- Alere changes acceptance level to 50 per cent on Axis-Shield bid — statement and statement.
Sokol speaks…
… and when he looks back at Thursday’s interview with CNBC it might be with some regret.
When you are in a hole, stop digging etc…
Via Reuters:
SOKOL SAYS “I DIDN’T HAVE ANY INSIDE INFORMATION”
America’s Next Top Capitalist: Magic Johnson vs Goldman vs Wal-Mart
On Tuesday, Bloomberg scooped its rivals with a story that Goldman “cuddly squid” Sachs would be teaming up with Warren Buffett to provide assistance — ranging from counseling to help in obtaining funding — to 10,000 small US businesses.
Buffett to sell other rail stakes
The chief executive of Burlington Northern Santa Fe Corp said Warren Buffett’s Berkshire Hathaway is liquidating its stakes in rival railroad companies Norfolk Southern Corp and Union Pacific Corp, as Berkshire prepares to close its purchase of BNSF,