Shares tumble after hours as the company says a hedging strategy basically blew up. It may take until the end of the year to fix everything.
Companies including Bank of America, Citigroup, General Electric and Wells Fargo have faced shareholder anger and protests at their annual gatherings.
These companies fit with many of his stated preferences.
Buffett's cancer prognosis isn't likely to alter the growth or guiding principles of his company.
The bank's mortgage business was great in the first quarter, but the lending business was a different story.
March retail sales exceed forecasts, but higher borrowing costs for Spain weigh on sentiment.
Investors are betting most heavily and consistently on a recovery in US housing and consumer spending.
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With the universe of this category in its seasonal sweet spot, these picks have tailwinds propelling them into the new year.
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.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.