Warren Buffett

Equity managers at F&C and Threadneedle are among those to have been adding to Tesco ahead of today's results which showed profits had risen 12.1%.

Wall Street bankers who feel they have been singled out to blame for the financial crisis are refusing to fund President Barack Obama's next election campaign, Warren Buffett has said.

Billionaire investor Warren Buffett has boosted exposure to Tesco with the purchase of £120m ($185.5m) shares in the retailer, taking his total stake to 3.64%.

Billionaire investor Warren Buffett has retained second spot in Forbes latest list of America's richest people, despite seeing his personal wealth fall by $11bn.

US president Barack Obama has said the wealthy and corporations should pay their "fair share" to cut the country's deficit after proposing a tax for the super rich.

Berkshire Hathaway has strengthened its investment team by hiring a hedge fund manager who previously paid over $5m to dine with Warren Buffett.

Thank god for Warren Buffett, he really is the saviour. His latest venture into the markets - buying $5bn of stock in Bank of America - reminds us of another time when he did his bit for America and capitalism.

Shares in Bank of America closed almost 10% higher overnight after Warren Buffett pledged to take a $5bn stake in the firm, which may have already netted him a $1.3bn profit.

Billionaire investor Warren Buffett has agreed a deal which will see his firm Berkshire Hathaway invest $5bn in Bank of America.

Warren Buffett has revealed he has exploited recent sell-offs to buy up cheap stocks.