Thursday, May 17, 2012

Financial Report


Penney's Cancels Dividend

Due to a larger than expected 1st quarter loss, JCPenney has withdrawn its dividend.  

Buffet Buys GM?

Berkshire Hathaway, Warren Buffetts' company, recently bought 10 million shares of General Motors, it was revealed this morning. When Buffett buys, he buys BIG!

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