that is where berkshire hathaway comes in. amazon comes in with the consumer engagement know-how and the analytics and data around segmenting population according to their risk. road, aey have a lot of lot of would check. a company like amazon, they have proven almost every single health caree economy is a percent of gdp. i don't see why they wouldn't start attacking this industry. emily: right. how much could this threaten the incumbents in industry standards -- incumbents and industry standards? other customers across the u.s., how much could this actually change the industry? zach: investors are saying this threat is real, take this seriously. cigna and an them are done quite a bit today. it is still not clear. what these companies are going is they will want to build. they may say we will let unitedhealth group cvs handle that, because they are better at it it remains to be seen. that is why people are so nervous. emily: that was zach tracert and steve cross. amazon's move into health care is the latest in a string of majo

that is where berkshire hathaway comes in. amazon comes in with the consumer engagement know-how and the analytics and data around segmenting population according to their risk and how healthy or not healthy the are. i think they have a lot of of wood to chop, but a company like amazon, they have proven almost every single industry, the health care economy is 18% of gdp. i don't see why they wouldn't start attacking this industry. emily: right. how much could this threaten the incumbents and industry standards? they will offer this to their employees initially, but could there be other customers in the united states? how much could this actually change the industry? zach: investors are saying this threat is real. take this seriously. whether that is a threat to united health, cigna, anthem down quite a bit today, it is still not clear. what these companies are going to discover as they move through this, some things they will want to build and do their selves, and some things they will say, we will let unitedhealth or cvs hand

and when we asked him, he said berkshire hathaway, which is where he has 98 of his money. but we dug a little deeper. listen in. >> if you look at our holdings, you would assume we like them at by order t of valuey rank. but if you look at them in terms of recent purchases, over thear last we took more apple than anything else. >> so can we tak r that and with it as a headline? apple is your favorite? >> no, because i didn't tell you what i might be buying in e st week or month. >> if you look at the top holdings for berkshire, filings will tl you theumber one stock they hold is wells fargo at $29.2 billion.pl number two is it comes at $28.2 billion. for "nightly business report," i'm becky quick in omaha, nebraska. >> lots to talk ab mt. let's tale about warren buffett with a familiar face to all of us. susie garab is with us from fortune m"fortune" magazine. so becky was talking about all of this cash that mr. has on hand. you've been talking to money managers today to find out what their reaction is. what are you hearing on that? >> it's so fasnating that all of these m

berkshire hathaway reports it has cut its stake in the company by 94% in the fourth quarter. >> we don't know to what extent it is warren himself, the influence of his investing deputies, but it is a different tact. you saw in this quarter he boosted his apple stake while reducing ibm. it raises the question of maybe warren buffett is trying to figure out how the world is changing as he is adjusting his businesses. >> he is adjusting towards teva as well. >> definitely. that was kind of the big news last night. he invested in teva. that was the first time we have seen that stake disclose. you are wondering if he is betting on the turnaround or if there are other things drawing him in. >> no deal. qualcomm rejected broadcom's latest offer to buy the company for $82 a share saying "it materially undervalues the company." this is an ongoing saga. but is this the last chapter? is there more to be written? >> it depends on how firm the

we're looking at berkshire hathaway. boy n24 hours -- less than that, we're going to get the release of the most anticipated shareholder letter that every investor in the market reads or should read. what will the oracle of omaha have to say? well, don't wait til tomorrow. wall street veteran mike holland worked with the oracle. he's going to read warren buffett's mind ahead of that release next on "countdown." don't go away. ♪ ♪ . . . . ♪ liz: you might want to set your alarm clock for 7:55 a.m. tomorrow as the dow jumps 319 points, the markets are on fire right now. it's warren buffett who will release his annual newsletter to berkshire hathaway investors, anyone else who wants to read it by the way. 8:00 a.m. sharp it comes out. the company is planning to release its earnings. it is on track for the worst month in nearly eight years. bet buffett is not worried about that. our next guest used to be chairman of the company that warren buffett invests, did i promote you. i knew you weren't chairman of solomon broth

hathaway energy i had no idea what his holdings were of berkshire. i didn't know -- i mean, i knew ajit owned it but i had no idea what the amount was. >> here's another question that comes in this says berkshire has become a large player in the real estate brokerage, a field that's still plagued by high commissions. i recently sold a home using red fin. is this a threat to home services >> yeah. i don't think as much but, you know, i could misjudge that. obviously the internet is going to try and take away any business this is just a more traditional firm in the past buying a home is the biggest deal that most people make in their lives. sometimes they're moving from another city and they want somebody that explains the schools to them, you know, just how the hold city -- they really want a helping hand in coming in and it's a very personal transaction. it's a scary transaction sometimes to people. a lot of paperwork involved and all of that. they really want somebody they trust. i have a feeling that it will be very much a person-to-person operatio

is the largest shareholder he had warren buffett berkshire hathaway wells fargo wells fargo was caught in equivocally stealing from millions of customers wells fargo you know going back a few years they've been involved in numerous scams they got bailed out of course during the two thousand and eight crisis crisis emerged big coin they self-regulating true money a substitute that would put the charlie munger is a warren buffet's under the bus because they're parasites and just take from a cut from the economy that adding anything berkshire hathaway is nothing to the economy it extracts from the economy it's a tapeworm on the economy because it is sound money so naturally it's like a. throwing tears at the wicked witch of the west in this case charlie munger is the wicked witch of the west and bitcoin are the tears actually called noxious poison which it is exactly it is you put poison down to get rid of rats who are eating infesting your house and here they've the sort of this banking activity which by the way the activity that wells fargo was engaged an opening for industrial scale fr

is the largest shareholder he had warren buffett berkshire hathaway wells fargo wells fargo was caught in equivocally stealing from millions of customers wells fargo you know going back a few years they've been involved in numerous scams they got bailed out of course during the two thousand and eight crisis crisis emerged big coin they self-regulating true money a substitute that would put the charlie munger warren buffett's under the bus because they're parasites and just take from a cut from the economy that adding anything berkshire hathaway is nothing to the economy it extracts from the economy it's a tapeworm on the economy because it is sound money so naturally it's like a. rowing tears of the wicked witch of the west in this case charlie munger is the wicked witch of the west and bitcoin are the tears actually called noxious poison which it is exactly it is you put poison down to get rid of rats who were eating infesting your house and here they've the sort of this banking activity which by the way the activity that wells fargo was engaged an opening for industrial scale fraud t

berkshire hathaway missed with ibm. emily: cory johnson, thanks so much. coming up, the interview you have been waiting for. david solomon, president and co-coo of goldman sachs. that is next. this is bloomberg. ♪ haidi: you are watching bloomberg. i am haidi lun. florida say 17 people were killed in a school shooting in southern broward county. the suspected gunman has been arrested. he is said to be 19 years old and a former student of the school. offeredt trump has federal assistance to the state and his condolences to the victims' families. jacob zuma has bowed to pressure and resigned, but he says he disagrees with the decision to force him out, calling the treatment unfair. the party is expected to name ramaphosa as acting president to stand until next year's election. >> no lives should be lost in my name. anz should never be divided in my name. i have therefore come to the as presidentesign of the republic with immediate effect. climbed the most since december. the reason buildup in your storage tanks and terminals appears to be slowing down. a g

all this put together, you still trail berkshire hathaway over the past five years. but there's a bucket people y separating those. >> good to have you back, mike san toll le santelli >>> joining us to talk more about amazon is dan eys. good to see you guys a trillion dollars in the fear future >> look, we saw this in the middle innings playing out if i let the consumer piece ultimately, i think prime members spend another 30% this year members come up another 10% to 15%. and some of the part's evaluation, the consumer business is worth $650 billion the enterprise of ebs is worth another $3 to $350 >> i think that dan's done a good job with this and tend to agree. the only thing to add to that is in coming years, you may have the opportunity to break out the logistics business and value that as a separate unit on top of the valuation he's coming to. >> unbelievable. has there been any evolution among investors in terms of their demand to show a consistent operating profit? >> i think when you look into 2019 and 2020, we have a window with investors are willing for th

sales in its generics business, berkshire hathaway acquiring almost 19 million shares worth about 3$360 million at the end of the quarter. that stock jumped in after-hours trading yesterday. green light capital's david einhorn piling in with new holdings including brighthouse financial. the bet there 6$600 million at year-end and coincided with new picks in the retail space including kohl's, lowe's, michael kors, nordstrom. third point making some sizable moves with a 4$400 million stake in intercontinental exchange, the parent company of the nyse i should also note that these investments are from the end of december and may have changed since then >> interesting to see some of those stocks moving on these disclosures, specifically teva pharmaceuticals up 7%. this is an israeli biotech firm. >> if you look through buffett's and berkshire hathaway's filings, healthcare is not a common sengter that you tend to see in their portfolio they hold a bit of johnson & johnson, pared back their stake in sanofi, it doesn't represent a huge proportion of their portfolio. we'll see what they do over

hathaway ceo warren buffett. personale their experience in business. >> good afternoon. , and i am sid sharman co-owner of wild company just -- kombucha. in baltimore. we brewed after work on weekdays and on weekends we would bottle. we did everything by hand. over 350w sold in stores across five states. [applause] and thankfully, we no longer do it all by hand. meet the opportunity to our next speaker for the first time at my 10,000 small business graduation in baltimore, and when bloomberg and goldman sachs brought me up for a coaching session. i am r.g. share a birthday with him. please welcome, the 108th mayor founder and ceo of bloomberg llp, and someone who understands baltimore's charm, michael bloomberg. [cheers and applause] ♪ man i'm a soul soul man ♪a mr. bloomberg: happy birthday. we share a birthday. that is valentine's day. they say that is unique. but if you think about it, it's not that unique. to a greatlcome event. i have always been a big fan of what goldman sachs is trying to do here. i do

burt decent prices still to be buying and in fact he made the point that berkshire hathaway is a net buyer of securities in the open market over the beginning of this year from january 1st to now. and that's even with the idea that they sold $3.3 billion in stock back to philip 66. now again, not because he's getting out of philip 66 but because they were going over that threshold of 10% where he likes to stay in companies so they sold back $3.3 billion and even with that, they've been a net buyer of stocks, meaning, they spent at least $3.5 billion on stocks over the beginning of the year >> yeah, that's an important distinction. we learned so much today from you guys we're always grateful. great show once again. becky quick joining us from omaha. >> thanks, carl. >>> let's bring in david -- >> i knew you would know that question >> a long time berkshire share holder is joining us kevin delaney is the co-founder of courts guys is there a difference between buffet sitting on a bunch of cash because he's hunting for elephants and investors wondering what to do with cash and whose choi

becky quick sitting down for an exclusive with berkshire hathaway warren buffett after their annual meeting here's his take, would he buy long-term bonds or equities? listen >> if you had to choose between buying long-term bonds and equities, i would choose equities in a minute that doesn't mean i think the stock market is going up or anything else but if i were going to own a 30-minute equity bond or bond for 30 years, i think equity will considerably outperform that 30-year bond over the 30 years. >> you know, i wonder -- i don't know maybe mike does. we'll bring him in for a quick comment here did he feel the same way when the ten-year was at 20% or something? >> oh, back in the early '80s? >> i wonder if he would have picked - >> he was buying stocks at much lower valuations than he is now. i don't know if he was as vociferous as he is right now. if you do a 30-year time horizon, it's kind of a rigged game for 30 years, almost nobody is choosing between treasuries and stocks for 30 years, either/or. >> in the letter he talks about how over any ten-year period there's more years that sto

then financials strong, powered by berkshire hathaway. this is warren buffet release annual shareholder letter over the weekend, it was much better reading than democratic memo. i call is warren buffett's margaritaville. i am not a big fan of him with politics, but i love the overall message in shareholder letter, a must read for anyone in the stock market. a key statement you need to keep in mind as investor. >> charlie and i view market able common stock at berkshire hathaways owns in business and interest not a ticker symbol to be bought and sold based on chart patterns -- we believe that business of the invest elias lindholms areysare succesl be successful, there are some charts that i use, it is nut if you only rely on charts. company specific fundamentals is what you want to look at. it takes time, to find the winner, but it took you more time to accumulate these investing funds, what about smartest guys in room, warren buffett made a 10 year bet he could do better skipping the big time hedge funds and their high fees, 20% on profit

tom: things he understood and berkshire hathaway understood. tech, they avoided. they have been changing that. a colder of apple -- big holder of apple lately. bloomberg was told that aversion to technology might have been one of their biggest mistakes. for some of these companies, they were right. cory: profits went from $16 billion per year to $6 billion per year. it is a worse company from before he got involved. giles. the best, tom isn't he the best? emily: he is the best, as always. tom giles, our senior tech editor, and cory johnson, our editor-at-large. we are live here at the goldman sachs tech conference in san francisco. thank you so much for watching. we would be back at home base tomorrow. this is bloomberg. ♪ ♪ >> 7:00 a.m. in hong kong, live bloomberg asian headquarters. andrsday, the s p rises for a fourth day. gold rallies, the dollar slumps. bloomberg's global headquarters, in new york where it's just past 6:00 p.m. on a wednesday evening. cryptocurrencys are surging as from aorea backs away ban. 200,000 fans signed a

for berkshire hathaway shareholders. >> it was released over the weekend in the main take away, berkshire hathaway got a lot of new money according to the latter in 2017, decides networks grow 65 by $3 billion boosting its book value by 23%. they came from the business operations in the remaining $29 billion k. when congress rewrote the u.s. tax code. scary moment. on a flight to china. what happened. >> this is pretty outrageous. passengers were boarding a china southern airlines flight to shanghai would smoke started to fill the cabin passengers were seeing framed in the overhead bin. you can see a flight attendant and fellow passenger train to put out the flames with bottles of water and juice. it was powered by a lithium-ion battery inside the suitcase was not being used when it caught fire. batteries are banned from checked luggage that are allowed in carry-on luggage as long as they can be turned off. the suitcases that come with the power base inside, those are popular. i have one and you have to make sure that it's off. that is what caught fire. >> well, they will be looking for n

>> during through the filings in berkshire hathaway they upped the stake in apple by 32 million shares, it was about billion there. they added in bank of new york melon 6 billion shares for a total of 60.8 billion shares they are pairing back in ibm by 35 million shares, also, doing some selling in gm by about 10 million shares and selling a bit out of wells fargo, about 6 million shares pulled there, and as we mentioned, of course, they took a new stake in pharmaceutica pharmaceuticals, 18.9 million of the abrs there, equivalent to 358 million at the end of the year the shares moving higher in the after hours, back over to you. >> leslie, thank you mike, what stands out to you >> i think the apple add is interesting, mostly because, of course, the stock ended higher they bought into strength not waiting to pull back now it's considered a core holding. we're not sure which of the money managers pull the trigger on the trades, but that's the one for me >> apple up a quarter of a percent now. the vice chair was speaking to shareholders at the daily journal today weighing in on wells farg

that's because berkshire hathaway is looking to buy an entire business. that doesn't mean that he thinking the stock market is overvalued. >> if you had to choose between buying long-term bonds or equities, i would choose equities in a minute now that doesn't mean i think the stock market is going to go up or anything us if i was going to own equity for 30 years, i think equities will considerably outperform that 30-year bond in fact they've been net buyers of stocks, buying in additional stocks, but that's the same thing he's telling investors however, there is one situation he would warrant you should never be doing if you are buying stocks that would be buying stocks on margin, borrowing money to buy stocks that's a huge problem he thinking there's a story on the lead talking about how margin bets in part fueled part of the set jolt we saw earlier this year that story points to the idea that there's $642 billion that's been leveraged against investors portfolios buffett says as far as he's concerned, he and charlotte munger have said that's the wrong t

now on track for a fifth straight game after the latest berkshire hathaway filing. he has to file certain positions that he takes with the sec and then they are revealed later. it appears that he revealed a huge stake in the tech giant. question is, did he make that trade or did one of his stock lieutenants make the call to add more apple? was it todd jones, warren buffett himself, or his other investment show ted wexler. both of those gentlemen, by the way, were brought in several years ago to handle some of the portfolio. >> to handle some of the portfolio and is sort of answer these succession worries because mr. buffett is amazing but he is in his 80s. he has tons of energy and he lives every day, so course it's 55 and 47 cents planning for your business size trying to pin down exactly which one of these people actually push him to say apple is worth that, i'm gonna come back to that, i just want to show you this chart first because it is up something crazy and if you look, 49% since they establish that position in 2016 so way exceeding the nasdaq in that time.

we are live from omaha what, nebraska i'm here at the berkshire hathaway ceo warren buffett. he's going to be answering your questions for the next three hours. we will cover his annual letter, berkshire investments and much, much more. keep sending your questions on twitter and facebook with the #askwarren folks, it's monday, february 26th, 2018 and "squawk box" begins right now. >>> live from new york where business never sleeps, this is "squawk box. >>> good morning, and welcome to "squawk box" here on cnbc. live from the nasdaq market site in times square. i'm joe kernin, becky, you just saw live in omaha with -- oh, with warren buffett. okay all right. i got it we'll get back to her in just a minute, though i misunderstood. so, that's why -- that's why you're out there three hours with -- >> that's why i'm here >> excellent, excellent. how many -- we got to get -- i've got to look how many questions do you have from our viewers, do you think, becky? >> a lot >> everybody should get in >> and i have to say, the questions are really good this year people have gone through

hathaway to form a new healthcare company another check on these shares. amerisource bergen up about 15.7%. walgreens unchanged in early trading. >> a lot of interesting activity in this space. healthcare and pharmacy players as well after that cvs/aetna acquisition. >> one company was the driving force behind all of these deals. >> and -- >> amazon. the idea they could possibly get into drug distribution or into pharmacy benefits, that's putting a scare into a lot of these established companies. >> especially after that partnership with jpmorgan and berkshire was announced. that's got people thinking >>> some stocks to watch today, you have bhp billiton taking a 1$1.8 billion charge related to the new tax laws over the long term they expect the lower corporate tax rate to have a positive effect on profits. bhp will report half-year results next year. >>> general motors is closing one of its four plants in south korea as it restructures its unprofitable operations in the the automaker will decide the future of the its south korean operations in the coming

berkshire hathaway bought more shares of apple and dumped nearly all the shares in ibm, an investment he now says was not among his best. and cheese burger lovers won't be happy with the latest version of the happy meal. they removed cheese burgers from happy meals. part of promoting healthier food alternatives for kids. get all your business news on cnbc. >>> "black panther" is having a record breaking weekend. the latest movie earned more than $25 million in previews setting a new record for a february release. it's pacing to earn more than $170 million over the four-day holiday. >>> i have tickets to see it on sunday. let's take a look at allentown right now. it's a dark picture here. i want to point out there's nothing falling on the camera. by tonight i have a feeling steve is going to be using this camera to show off the flakes falling over allentown and the surrounding area. it's why we have the first alert in effect. let's talk temperatures. it looks like feels like temperatures. they should be similar to the actual temperatures. 22 at graduate hospital. feeling like 30 at por

the billionaire's investor's company berkshire hathaway raised its stake. that's a big move for the legendary buffett because he rarely invests in technology. berkshire also dumped nearly its entire stake in ibm. last year buffett told cnbc he's more sure of apple's future than ibm and continues to put his money where his mouth is though he still uses the old flip phone. uber ceo wants to expand beyond cars. uber is to cars like amazon is to books, a reference to amazon's start as an online bookstore. hard to remember but it was the case. he says uber could eventually be a mark place for other types of transportation like bikes or public buses. you may know that uber is already testing a bike shares program in san francisco. marcus and laura, back over to you. >>> a lot of things happen here first. good to see you. >>> coming up next on "today in the bay," a major recall you need to know about before you feed your dog. plus, kari has your forecast. >>> before you take your dog out for a walk, bundle up. put on a nice, warm jacket. a live look outside in san

berkshire hathaway has sold almost its entire stake of ibm while buying into apple. regulatory filings show berkshire had about 2 billion ibm shares, down more than 90% from three months earlier. buying into big blue was a rare misstep for warren buffett: who has often said that tech stocks were outside his area of expertise. along with search the broader cryptocurrency market after south korea are to mining of plans to ban and exchanges. the government said it will look at making crypto trading more transparent, rather than banning it outright. reports of a potential ban fueled a french selloff. within 200,000 korean citizens have signed a petition denouncing it. the uber's has predicted amazon style losses as the company seeks to expand in food delivery, freight, and autonomous vehicles. the ceo said in san francisco that he joins a company and crisis and he's seeing a lack of surprises. the comments come a day after bloomberg reported a loss of $4.5 billion for 2017 on the revenues of $7.5 billion. that is your bloomberg business flash. manus: boris johnson kicked

things like amazon and berkshire hathaway tying up is not a surprise. it is no different to what we've done with tencent in asia. we've got the big distribution platform, our technical expertise, our algorithms, and you combine them and you can disrupt the market. francine: are we fully aware of the space some of these disruptors can take place? you were one of the first ones to tell me that twitter is like the third-largest country in the world. maurice: and everything is going to be disrupted. since uberization, as i call it, happen, you can expect that most businesses will be disrupted. it is up to the ceo's, the boards, and executive committees to take the right steps early on , and sometimes be too early, but it is better to be early than to be late. as you mentioned, everything has changed. the behavior of consumers has changed. the way they are dealing with --ir banks, with their everything is changing very fast. you need to adapt. francine: do you worry about facebook or amazon just launching an insurance company? what would that do to your mark

according to time magazine, the net worth of berkshire hathaway, warren buffett, dropped by $5 billion. mark zuckerberg lost $3 million today. larry page, google's co-founder is down $2 million. the selloff lost all the gains for the s&p and the entire year. >>> tonight the house intelligence committee voted to release another classified memo about the russian investigation. this memo is a democratic rebuttal to the gop memo released last week. >> we think this will help inform the public of the many distortions and inaccuracies in the majority memo. >> the gop memo accuses the department of justice and fbi of abusing surveillance powers in the russia investigation. the white house has five days to decide whether to make this new memo public. >>> some explosive new evidence tonight in the rape case against the former 49er. kpix 5 andrea nakano on the video. >> he has been in the santa county clara jail for the last two weeks on rain charges. his attorneys now say he has new evidence that puts the credibility of his victim in question. >> it is a video on one site where she is offering

berkshire hathaway will release its shareholder letter this weekend. >>>il general of course feeds your family. now it wants to feed your pet ae . the food company is move into the very fast-growing pet food business with this $8 billionse purcf blue buffalo. shares of blue buffalo soared by 17% on the news today. general mills fell into today's trade. dominik chu takes a look at what drove this deal for us. >> reporter: there is a huge reason why a big food company like general mills wants a dog fopany like blue buffalo. when you are going to marry these brands, bet crocker, lucky charms, pillsbury, progressiveoup on the general mills side and you marry them ar the organic natural dog food premium dog food, this side is showing stagnant growth, this side is where there is double digit sales and profit growth. that's the reason why they are paying billion to buy blue buffalo. the reason why they want to do this inhe grow environment is the overall market for ped products is growing. in 201 americans spent overall about $55.5 billion. that was the size

. >> billionaire investor warren buffet releases his annual letter to berkshire hathaway shareholders. his letter is widely anticipated because of his remarkable success. he explains complicated issues and simple terms as he reviews berkshire performance and may discuss other topics. >> albertson's is making a move to buy the rights to rite aid that isn't being sold to walgreens, according to the wall street journal. deal women create can company sales of 83 philadelphia. albert's owns safe way and 19 other supermarket chains. the deal comes as retailers respond to the rapidly changing consumers landscape with more and more people shopping on line. and news for all of you breakfast cereal fans. a unicorn marshmallow replacing the hour glass in your box of lucky charles. magic call unicorn the first new marshmallow added in a decade. the first ever to be inspired and created by kids. rahel, jim? >> i love lucky charles. if i can eat a whole box every just the marshmellows, that's what i would do. who needs the cereal? >> i had no idea you had an unhealthy habit here, rahel. >> well, i'

. >>> billionaire investor warren buffett releases his annual letter to berkshire hathaway shareholders on saturday. his letter is widely anticipated because of his remarkable success. the oracle of omaha explains complicated issues in simple terms as he reviews berkshire's performance and may discuss other topics. berkshire owns more than 90 different companies and a variety of businesses including utilities, retail, and insurance. >>> general motors says it will builds its cadillac xt-4 crossover suv at its plant in kansas city, kansas. gm says that means the fairfax assembly plant will keep about 500 jobs. the plant currently makes the chevy malibu but lost a third shift last fall when malibu sales slumped. gm is spending $265 million to prepare for the xt-4. >>> it's difficult to run a chicken restaurant without chicken. that's what happened to most of the 900 kfc restaurants in the united kingdom and ireland. they were forced to close because of a problem with its new delivery partner dhl. kfc apologized. dhl blamed operational issues. it's unclear when the stores will reopen. >>>

according to a regulatory filing warren buffett's berkshire hathaway took a new stake in tel aviva. shares of tel aviva rose adding a 4% gain during the regular session. >>> inflation is inching ,high when that happens dividend stocks are less ttractive to investors. what should you keep in mind when investing in dividend ru(si us through that i a guest. what are things you should look atntn the environwe are in right now when considering whether to add a dividend ping ock into your portfolio? >> you want to focus on the fundamentals. ulthe dividend sbe ancillary to what it is you are investing in. there are some things we do look at. wwant to focus on low payout ratios. coverage ratio, how much cash flow is available to pay out the dividend. we also want to be mindful of arverage ratios. companies that highly indebted would tend to have higher debt servi costs. and dividend growers. companies that grow dividen over time will likely continue to do that in the future. >> you used some technical terms there. lcut to the chase. i don't blame you. that's what you do for a living. tell m

hathaway, three marquee brands, to offer health care to their employees, quote, free from profit-making incentives and constraints. that's 1.3 million people. >> that caused the health care market to cia rater. >> the details are skimpy. >> almost nonexistent. >> amazon has made a name using technology to disrupt supply chains with a simple click of the mouse. >> so the issue here is that, what happens if it succeeds, these are names good at being disruptive. it's 1.1 million employees between these three companies. but they don't have health care experience and expertise. what will they do if it works, will they give it away and say, we've broken the code, everybody use our system? will they sell it to others? will they use it to attract more employees? >> i don't know, but i ask you, what's the downside? if they want to spend the time and money and create this partnership, let them try the experiment. >> yes. >> this administration is supposed to be pro business, pro innovation. i was actually surprised that you didn't see this announcement made kind of at the white house, with jared

there are many that we are seeing, like vcs and at in a, like amazon and berkshire hathaway, jp morgan. they are looking for ways t enter grate and solve some of the health care issues. >> reporter: the mergersim i to tackle what consumers warrant and need. lower costs and on site help managing their costs. >> giving the t choice is key to creating the right kind of health care landscape. >> reporter: or the would be mergers, the task will be to convince regulators that in a changing landscape where amazon plays a bigger and bigger role these unconventional mergers may be the best way to preserve consumer choicetl for "y business report" i'm better that comes in new york. >> now to some of today's upgrades and down grades. snap you a its rating cut to a sell today from neutral at citi. citiha saying the negative ent ews of snap chat's r redesign could result in a decline in user activity which in turn cld hit snap's financial resu ps. thce target was lowered to $14. shares of snap fell by 7% to $18.93. >> gap was downgraded from sector weigh to overweight at keybank,in c the departure

mr buffett, who is chairman and chief executive of berkshire hathaway, says the tax changes have benefited his firm to the tune of $29 billion. democrats had argued that the recent trump tax package was a huge and unaffordable giveaway to the wealthy. he's said in the past that the rich should pay higher taxes. britain is set for its coldest february week in five years — as freezing air, dubbed the beast from the east, arrives from russia. the cold snap will affect the whole of the uk from sunday night, with temperatures expected to drop to —8 in some areas. simonjones reports. the gritters are gearing up, as britain braces itself for a big freeze. the so—called beast from the east is sweeping in from siberia. the met office, in conjunction with nhs england, has issued a level three cold weather alert for the whole of the country, the second most serious level. that means there is a 99% chance of severe weather, icy conditions or heavy snow, between now and thursday. there are additional yellow severe warnings for snow early next week covering most of eastern britain. that could caus

berkshire hathaway reporting a record quarter. numbers.just about the always looking at the shareholder letter. randy: i think a lot of people are thinking about that more so data.he looking at the shareholder letter, it was one of the shortest in the past 20 years, coming in at about 16 pages. of course, warren buffett has been writing these for 50 years or more. we are definitely holding on to his every word. let's get to the numbers first. $65.3 billion is the net gain that berkshire hathaway told in just for the fourth quarter alone. take a look at the purple:. you can't miss it. it is -- take a look into the purple column. you can't miss it. profit is just half the story. the other half is what is happening with the windfall that berkshire hathaway is seeing from the u.s. tax overhaul. that's $29 billion. that's where we get the $65 billion total net worth gain. the u.s. corporate tax rate fell to 21% from 35%. in addition to that, eps growth skyrocketed this past quarter. operating margin also rose by about 11%. that is the

centric and the tax cuts is a big reason for that in fact berkshire hathaway is a big investing arm if you will made $29 billion just on that tut. the oracle is called all but thanking donald trump for that after this. neil: all right ivanka trump is in south korea and she will be representing the country as the games wind-down here but no doubt, forget about running into any north korean representatives who might be there including the dictator's sister who had a chilly sort of an experience with the vice president of the united states when the games started. she might have some trouble with chinese representatives there who are none too pleased over the president's latest crackdown on anyone doing business with north korea including the chinese. china's foreign ministry saying just a few hours ago that it was demanding the u.s. stop enacting unilateral sanctions against chinese entities and individuals after washington said it was imposing the largest set of sanctions to pressure north korea, what was left out of those details is that the sweep ing sanctions, the heaviest and the tou

later on, amazon, berkshire hathaway, and j.p. morgan chase are their own independent health care company for their employees. we will talk to margo sanger katz about how this merger could shake up the health care market. we will be right back. ♪ >> sunday night on "after words," patrice cons keller's with her book, "when they call you a terrorist: a black lives matter memoir." >> as we created black lives matter, we need we have to get people on board. we also have to interrupt when people try to co-opt black lives matter. we spent a significant amount of the first year ensuring it was not co-opted and challenging people in our own movement and people to not say our lives matter and say other communities matter, but to really focus on black people and be ok and be allies and be a solidarity with black people. then we took it out to the world. words" sundayr night at 9:00 eastern on c-span twos book tv. "q&a,"ay on c-span's "new york times" staff photographer doug mills talks about the photos he took while covering president tru

hathaway and j.p. morgan a large financial institution to create a new separate company to serve all of their employees and operate a defacto health care laboratory. and we've got asian and european stocks but we did not yet get to the u.s. equities and here to join us is melissa arm of stocks militia thank you for much for being with now let me get one thing straight is that these thoughts stocks wish for stocks. and their wine bar is to rafiq ok all right well we love you we want to get the name of your company correct so most are zero founder of stocks which thank you for joining us melissa what do you what is your what are your take on things going on now we seem to have another day today that's a little bit up but are we worried about some of this economic data coming out and all of a sudden that's going to be a tipping point we're going to see some more of vexing volatility. i don't think the volatility is over i think that we held today we held yesterday we rallied in the close on friday but to

mr buffett, who is chairman and chief executive of berkshire hathaway,has long argued for higher taxes for the rich. rival demonstrations are taking place in italy, a week ahead of the general election. the anti—immigrant party is holding a rally in the city of milan, while several thousand took part in an anti—racism protest in rome. security has been stepped up across both cities. three days after an attack on a south african police station, officials say they have shot dead seven of the suspects in a gunfight at a church. they say those killed had been hiding there since carrying out wednesday's attack in the eastern cape. the armed gang killed six people and stole weapons and a police van. today, ten other suspects were arrested. stay with us on bbc world news. still to come: in sport, scotland rejoices after beating rugby six nations champions england. prince charles has chosen his bride. the prince proposed to lady diana spencer three weeks ago. she accepted, she said, without hesitation. as revolutions go, this had its fair share of bullets. the name of the sanctuary itself

warren buffet berkshire hathaway is jumping 4% sitting on i guess you could call a big fat pile of cash $116 billion and in its annual newsletter and news report buffet said he'd like to use some of that money to acquire more companies but he just doesn't find the ones that are competitive, have great management that wants to stay and is it a sensible purchase price? we know what might fit the bill at least mary ann says she knows , okay let's get your names >> okay, so three stocks general mills, grainger and the reason being if you think of warren buffet back in the gold rush days 150 years ago he'd be the guy at the side of the road selling you the flour, the grains, the shovels and jeans on your way out west and so i think that he knows that general mills has a superior offering in cereal and yogurt which is on the upswing and has better contributions to the operating line than his past investments in kraft heinz selling at a 1.5 times discount on the ebitda multiple which is the way you value food stocks yet grainger, you're providing the input for that infrastructure build-out wit

he is leak the labron james of my world. >> berkshire hathaway stock, what was cents it? >> more than 300,000 per share >> per share. >> economy. >> we'll take his advice. >> thank you, jill. in the house intelligence committee is going white house communications cents direct or hope hicks today. >> investigating possible russian interferance in the 2016 election, panel plans to question him behind closed doors, about whether anyone in the trump campaign might have had contact with the russians. the president and other top officials continue to de now any wrong-doing. >> well, there is a bipartisan move in the senate on gun control today. republican jeff flake and democrat diane fine stein will introduce a bill raising the minimum age to buy assault rifle from 18 to 21. yesterday, at the meeting with the nation's governors, president trump continued to question scott peterson for not entering the florida high school to confront the gunman who killed 17 people. the president suggested he would have stepped up to help. >> i believe i would run in even if i didn't have a wea

mr buffett — who is chairman and chief executive of berkshire hathaway — has long argued for higher taxes for the rich. he's been called ecuador‘s pablo escobar, but today, prado alava has been extradited to the united states. colombia accuses him of being one of the region's biggest drug lords. prosecutors in washington claim he has smuggled more that 250 tonnes of cocaine into the us. stay with us here on bbc news, still to come: one of bollywood's superstar leading ladies, sridevi, has died. we'll be talking about her rich legacy. eight days before italy votes in a general election, thousands of italians have marched in rival demonstrations, focusing on differing views of migration. in recent years, 600,000 migrants, many from africa, have landed on the country's shores. our italy correspondent james reynolds reports from rome. these demonstrators have a simple message — we reject fascism. the fact that they feel compelled to say this more than seven decades after italy's fascist government fell says a lot about the atmosphere in this country right now. translation: our family has