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U.S. stock futures were higher in early trading, after Wall Street ended a down week on a positive note. Investors are looking ahead to Friday's jobs report for further clues as to when the Fed may hike interest rates. (CNBC) |
Comcast (CMCSA) today reported earnings and revenue that beat expectations. The parent of NBCUniversal and CNBC also added $2.5 billion to its stock buyback program. (CNBC) |
McDonald's (MCD) is set to unveil a turnaround plan today, as the restaurant chain seeks to revive sales. Executives said the menu had gotten too complicated and the company had failed to keep up with changing tastes. (CNBC) |
Billionaire Warren Buffett tells CNBC the stock market would be viewed as "cheap" now if interest rates continued to remain low. If rates normalize, stocks would be on the high side on a valuation basis, he said. |
Warren Buffett's financial acumen is well documented, but the CEOs of Berkshire Hathaway's big four investments-IBM, American Express, Coca-Cola, and Wells Fargo-paint a vivid picture of the Oracle of Omaha. (CNBC) |
Berkshire Hathaway beat estimates on earnings, and saw a 20 percent increase in operating earnings, thanks to higher revenue at its insurance and railroad operations. (AP) |
IBM is already monetizing its Watson supercomputer in health care and a number of other industries, but the road to profitability will improve over time, IBM chief Ginni Rometty told CNBC. |
Three more GOP candidates are entering the race for president. Ben Carson, a retired neurosurgeon, joined Sunday. Carly Fiorina, a former HP chief, announced today, with former Gov. Mike Huckabee expected tomorrow. (NY Times) |
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