Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) has been given a license to operate as a reinsurer in Brazil as an “eventual reinsurer”. Berkshire Hathaway Inc. (NYSE:BRK.A) stock opened today at $191,140.00 and is currently trading at $191,357.00. The stock showed a positive weekly performance of 0.00%.
American International Group Inc. (NYSE:AIG) warrants jumped to a record, benefiting investors like Bruce Berkowitz’s Fairholme Capital Management LLC, which held the securities for years. American International Group Inc. (NYSE:AIG) stock opened at $53.66, in current trading session and currently is at $54.12, by gaining 0.98%. The 52 week range of $41.53 – $54.21. Company’s market capitalization is 78.30 billion.
U.S. Bancorp (NYSE:USB) announced that Richard K. Davis, chairman, president and chief executive officer, is scheduled to participate in a discussion regarding the Company at the Sanford C. Bernstein 30th Annual Strategic Decisions Conference. The session will begin at 2:00 p.m. EDT on Wednesday, May 28, 2014, in New York City. U.S. Bancorp (NYSE:USB) stock is currently trading at $41.79. The EPS of the stock is 3.00. Company’s market capitalization is 76.11 billion.
American Express Company (NYSE:AXP) announced today that Grammy® award-winning, multiplatinum singer-songwriter and producer Pharrell Williams and award-winning director Spike Lee have been selected as the next pairing in its popular live stream music series “American Express Unstaged,” in partnership with Vevo and YouTube. American Express Company (NYSE:AXP) stock opened the session at $89.60, and now is at $91.02. The 52 week range of the American Express Company (NYSE:AXP) stock remained $71.47 – $94.35 and the day range was $89.35 – $91.24.
CIT Group (NYSE:CIT) was downgraded by research analysts at ING Group from a “hold” rating to a “sell” rating in a report released on Monday. CIT Group Inc. (NYSE:CIT) stock opened today at $44.73 and is currently trading at $44.55. The stock showed a positive weekly performance of 4.29%.