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What's Wrong, Warren? Berkshire Hathaway Stock Has Been Hit Hard in June.

What’s Wrong, Warren? Berkshire Hathaway Stock Has Been Hit Hard in June.

Text size Berkshire has scaled back its stock repurchase program this year, and that may be sending a message that CEO Warren Buffett doesn’t view the stock as being so cheap. Bill Pugliano/Getty Images Despite what CEO Warren Buffett has called its Fort Knox balance sheet with over $100 billion in cash, Berkshire Hathaway hasn’t …

What’s Wrong, Warren? Berkshire Hathaway Stock Has Been Hit Hard in June. Read More »

Revlon Bonds Are in the Tank. It’s a Bad Sign for the High-Flying Stock.

Revlon Bonds Are in the Tank. It’s a Bad Sign for the High-Flying Stock.

Text size Revlon hair products are shown at a Houston Walmart this month. Brandon Bell/Getty Images A disconnect has emerged between Revlon ’s surging stock and the depressed bonds of the bankrupt cosmetics company. Some Revlon debt trades at distressed levels of around 10 cents on the dollar, indicating pessimism among fixed-income investors about the …

Revlon Bonds Are in the Tank. It’s a Bad Sign for the High-Flying Stock. Read More »