4 Financial Stock Stories Not To Be Missed
Berkshire Hathaway (NYSE:BRKB): Current price $97.91
It looks as if Berkshire Hathaway has returned to bond-insurance for the present, as the company is reviving its dormant bond-insurance division as it backs municipal bonds tied to a large mixed-use development in Texas, according to bond-offering documents. This is the first insurance policy sold by the unit, Berkshire Hathaway Assurance Corp., on new municipal bonds in more than three years, but it certainly could be an isolated deal, and not a real return to routine backing of the bonds.
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