Post Profile

Warren Buffett is set to make $12 billion on a single trade (BAC)

Warren Buffett is all set to pull in $12 billion in profits on a single deal with Bank of America. Buffett invested $5 billion in Bank of America in 2011. That move came at a critical time for Bank of America with the company trying to leave behind the financial crisis with its new CEO Brian Moynihan. Buffett negotiated a favorable deal with the bank, due to his investment acting as a public vote of confidence in the company's future.
read more

See more about: Warren Buffett

Related Posts

Buffett to invest $5 bln in Bank of America

Business & Finance : Business Report

Warren Buffett will invest $5 billion in Bank of America, stepping in to shore up the company in the same way he helped prop up Goldman Sachs and General Electric during the financial crisis. ||| Warren Buffett will invest $5 billio...

Here's Why Bank Of America Is Losing Its Buffett Gains Now (BAC, WFC)

Business & Finance : Business Insider: Clusterstock

Now Bank of America is losing some the gains it made after Warren Buffett announced he's investing $5 billion in the company. The share price is down to $7.70 from highs earlier today of $8.70. An analyst we spoke to says that it's ...

Warren Buffett's Billion Dollar Apple Investment

Business & Finance : Forbes: Business

The Oracle of Omaha has invested in another tech company. This is only Buffett’s second large technology company investment. The first came in 2011. That’s when Warren Buffett (Trades, Portfolio) began building a position in IBM (NY...

Bank of America Corp (BAC) & Warren Buffett: A Quick Rundown of the Deal

Business & Finance / Investing : Insider Monkey

Recently, The Motley Fool had five analysts identify Warren Buffett’s best investment. I expected that one of the five would identify Buffett’s 2011 deal with Bank of America Corp (NYSE:BAC) — a $5 billion infusion when the bank and...

Warren Buffett Dreamed Of Investing In Bank Of America In The Bathtub The Day Before He Called Moynihan (BAC)

Business & Finance : Business Insider: Clusterstock

Warren Buffett just announced that he's making a landmark investment, $5 billion, in Bank of America. Bank of America was facing a free-falling stock price and a number of criticisms, including that it did not have enough capital, a...


Copyright © 2016 Regator, LLC