Billionaires also decided to cut stakes in DirecTV and P&G and buy shares of BlackBerry, Facebook and Expedia.
On Monday evening, the Wall Street Journal and Bloomberg reported AT&T will offer a merger for DirecTV, in a takeover deal that would value the company at around $48 billion.
Apple is still the most valuable company on earth, but when you measure using several benchmarks, Chinese banks come out on top.
Shareholders peppered the company's leaders with questions about Coca-Cola, perceived weaknesses and the choice of Howard Buffett as the future nonexecutive chairman.
Shareholders heading to Omaha this weekend are seeing sky-high room rates. 'I want to protect my cubs,' Buffett says.
The billionaire investor has for years criticized 'lottery ticket' compensation that can generate huge rewards for bosses.
This deal was 'done during the times of hysterical optimism by everybody,' one private equity expert says.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Nearly half of family caregivers spend more than $5,000 a year, plus caregiving affects their jobs and retirement plans.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
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