Coke Takes the Fizz out of Berkshire Hathaway

Warren Buffett’s Berkshire Hathaway liquidated its positions in a number of high-profile companies during the fourth quarter, but the Oracle of Omaha has hung on to his huge stake in Coca-Cola. And Coke’s nearly 4% drop is a we…

S&P 500 Earnings Beat the Street by 4.5% So Far

The S&P 500 is a bellwether for the American economy, and with quarterly reports for more than half of the index’s companies in this earnings season, S&P 500 firms are averaging a 4.5% positive earnings per share surprise, acco…

Bank of America Hit With Foreclosure Lawsuit

Bank of America Corp. (BAC) is the subject of a lawsuit that accuses the bank of hiding foreclosure problems that contributed to a drop in its share price.

The suit, filed by a union benefit plan, says Bank of America concealed problems in its record…