Berkshire Hathaway Inc on Monday disclosed it has begun investing in Capital One Financial Corp while exiting investments in four other stocks, as the company run by Warren Buffett cut back its exposure to equities.
Britons' thirst for premium lager drove strong sales at pub group Marston's during the Easter weekend and May bank holidays, as the outlook on costs and consumer confidence improve, but the loss-making company stopped short of resuming dividends on Tuesday.
Luxury goods group Richemont beat expectations on Friday after high demand from Chinese consumers for jewellery and watches boosted sales over the three months to March 31, sending shares to record highs.
Warren Buffett on Saturday offered a vote of confidence in the United States, saying he could not imagine the government letting it default on its debt and risk letting the world's financial system "go into turmoil."
Anheuser-Busch InBev , the world's largest brewer, reported higher than expected first-quarter earnings on Thursday as consumers bought its beers at sharply higher prices.