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Warren Buffett, Berkshire Hathaway, Richard Branson discussed on KYW 24 Hour News

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K. Y. W. Bloomberg Larry Kelsey, Art Hogan And Bloomberg discussed on KYW 24 Hour News

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3 d ago
KYW Newsradio 1060

Automatic TRANSCRIPT

Bloomberg business say good afternoon Larry top ski well good afternoon show but not much of a good afternoon on Wall Street investors taking no chances ahead of the weekend they're selling stocks amid growing worries about the coronavirus Doug Jones industrial average battered it's low for the day down two hundred seventy four the S. and P. five hundred is down forty one the nasdaq composite down to to T. mobile and sprint a big step closer to completing their merger the companies have agreed to new terms that reflect this decline in spring share be a since the deal was announced the merger could close by April first it's a big weekend for friends of Warren Buffett he releases his annual letter tomorrow investors will read it closely looking for clues about his strategy his Berkshire Hathaway saw its worst annual stock performance in a decade Richard Branson's virgin brand is preparing to set sail with the new cruise ship line leave the kids at home the adults only scarlet lady is the first of four ships that will form the virgin voyages fleet it'll begin operations in April with money news from Bloomberg on KYW behind.