During the 3rd quarter, Warren Buffett's Berkshire Hathaway (BRK.A) took stakes in American Airlines AAL, United Continental (UAL) and Delta Airlines (DAL) , according to a regulatory filing. Berkshire also made an investment in Southwest Airlines (LUV) after the quarter ended, according to CNBC. Shares of all 4 airlines gained between 5% and 7% in after hours trading. Buffett has steered clear of airline stocks for decades. Home Depot (HD) beat on both earnings and revenue in the recent quarter. It also raised its full year guidance. The results were driven by an increase in both the number of people who made purchases in its stores and the amount that shoppers spent. The Trump team may choose an ex-Goldman Sachs banker as Treasury Secretary. Steve Mnuchin was the Trump campaign's finance director and is being recommended for the cabinet position, according to Bloomberg.
More from Video
Amid the Selling, Here's the Big Question Now
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
One Tweet Pulls the Rug Out From Under the Indexes
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
A Technical Look at the New Dow Jones Industrial Average
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.