Billionaire investor Warren Buffett defended some of his core holdings in a televised interview on Monday, but reiterated that equities in general would look expensive in an environment with normal interest rates.
Recently, Warren Buffett has made headlines by selling all of his shares in Exxon Mobil, the rest of his position in ConocoPhillips, and reducing his stake in National Oilwell Varco. This has people wondering if the glory days of oil investing are over.
Coca-Cola Co. plans to sell at least €7.5 billion ($8.5 billion) of bonds, extending this week’s surge in euro-denominated funding by U.S. companies to an all- time high.
Coca-Cola Co., the world’s largest soft-drink maker, voted to recommend a two-for-one stock split to keep the shares available to smaller investors.