General Mills Reaffirms Earnings Guidance & 3 Stocks at 52-Week Highs
Berkshire Hathaway (NYSE:BRKB): Closing price $98.58
Warren Buffett’s Berkshire Hathaway has just added yet another daily newspaper to its growing print repertoire, as it announced Monday that it will acquire the Tulsa World for an undisclosed amount. The newspaper says it has a 95,000 daily circulation and 133,000 for its Sunday edition. The World fits the category of community-oriented newspapers which Buffett believes will survive rivalry from the Internet by supplying local news and information that is unavailable from other sources. Shares closed down 2.6 percent Monday at $98.56, having been traded between $78.18 and $102.00 during the past 52 weeks.