Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) conglomerate owns the two dominant lenders in the mobile home business — 21st Mortgage Corp., and Vanderbilt Mortgage and Finance Co. Buffett’s companies on Thursday manhandled the House Financial Services Committee, securing bipartisan passage of a bill to let them charge borrowers higher fees and interest rates on loans for manufactured housing. Berkshire Hathaway Inc. (NYSE:BRK.A) net profit margin is 10.50% and weekly performance is 0.61%. On last trading day company shares ended up $190,535.00. Analysts mean target price for the company is $149.00. Berkshire Hathaway Inc. (NYSE:BRK.A) distance from 50-day simple moving average (SMA50) is 1.29%.
Berkshire Hathaway (NYSE: BRK-B) bought a stake worth about $524 million as of March 31. An investment of this size likely means that the investment was made not by the Oracle of Omaha himself, but more likely one of his lieutenants, Ted Weschler or Todd Combs. Berkshire Hathaway Inc. (NYSE:BRK.B) shares advanced 0.25% in last trading session and ended the day on $126.98. Berkshire Hathaway Inc. (NYSE:BRK.B) quarterly performance is 12.19%.
U.S. authorities are seeking a record fine against BNP Paribas SA (OTCMKTS:BNPQY) that would make it the first French bank since President Barack Obama took office to be penalized for doing business with sanctioned countries. BNP Paribas SA (ADR) (OTCMKTS:BNPQY) shares moved up 0.54% in last trading session and was closed at $35.30, while trading in range of $34.89 – $35.40.
Canon Inc. (ADR) (NYSE:CAJ) a camera maker that gets 81% of its revenue overseas, lost 1.3% to 3,296 yen. Canon Inc. (ADR) (NYSE:CAJ) ended the last trading day at $32.71. Company weekly volatility is calculated as 0.53% and price to cash ratio as 5.72.Canon Inc. (ADR) (NYSE:CAJ) showed a positive weekly performance of 0.83%.
Wal-Mart Stores Inc. (NYSE:WMT) will open a Walmart Express on Mississippi Highway 363 in Mantachie. The Itawamba County Times reports (http://bit.ly/1oSim47 ) site plans for the store were approved by the board of aldermen this past week. Wal-Mart Stores, Inc. (NYSE:WMT) net profit margin is 4.10% and weekly performance is -1.87%. On last trading day company shares ended up $75.39. Analysts mean target price for the company is $80.62. Wal-Mart Stores, Inc. (NYSE:WMT) distance from 50-day simple moving average (SMA50) is -1.94%.