Dollars & Sense: Buffett's selling spree; boost your credit
Warren Buffett's Berkshire Hathaway company raised plenty of cash last year.
February 15th, 2011
05:37 PM ET

Dollars & Sense: Buffett's selling spree; boost your credit

A roundup of today's CNNMoney news:

Buffett’s $1.2 billion selling spree: Berkshire Hathaway raised cash last year as it prepared for a rare change of the investing guard. The Omaha-based company has now sold its stake in Bank of America and seven other big companies as a top lieutenant to Warren Buffett retired. Meanwhile, investors are pulling money out of emerging markets, with $13 billion flowing out over the past three weeks.

For mergers, it’s a small world after all: More than $118 billion worth of deals in which the acquirer and acquiree don't reside in the same country have taken place so far this year - including the NYSE-Deutsche deal. That accounts for 30% of all mergers and is up 56% from the same time a year ago.

Paying your rent can boost your credit: In January, credit reporting agency Experian started including residential rental payment data on its credit reports. That means that one in three consumers who have a score of 501 to 600 will move up to at least a score between 601 and 700.

Leaf and Prius stomp the Volt: The Chevrolet Volt didn't rank as one of the top 10 "greenest" cars in America, coming at No. 12, according to the American Council for an Energy-Efficient Economy's annual list. The top 12 cars include gasoline-powered cars, plug-in cars, gasoline/electric hybrids and natural gas-powered vehicles.

The $50,000 bionic leg: Boston area startup iWalk has created a next generation robotic leg that amputees are calling a "game-changer."

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Filed under: Business • Economy
soundoff (21 Responses)
  1. Cesar

    "Yank" out the motor? "Yank?" You love your Camaro. How can you yank someone you love? RuffNutt, I'm sorry, but I am beginning to think you don't love the Camaro. I am saddened. Give me a moment.

    February 15, 2011 at 11:59 pm | Report abuse |
  2. Rodja

    @cesar: lab dances? Lol. Mrs. Clinton herself won't say no to him for that amount. Buffet might look warm out, but even michelle would go by the Nemians proverb – u don't lick where u spit .. Or, close your eyes and swallow the pill, then enjoy your $$health later.

    February 16, 2011 at 3:16 am | Report abuse |
  3. tomcat

    I would rather go to the lap dances and beer party. I am old enough to remember being on the wrong end of the paddle at the principal's office....lol. Wait, disregard that...there never was a paddle or The Pledge of Allegiance or hiding under the desk during drills. Did I mention The Pledge? Oh yeah.....that old thing was thrown in the circular file years ago....ya, we never placed our hand over our heart and recited that...God forbid...we may have offended someone. Can anyone call Watson? It will solve this riddle, albeit in the form of a question. Oh and Rodja..."lab dances"?

    February 16, 2011 at 6:21 am | Report abuse |
  4. Cesar

    @Tomcat. Wow, haven't heard from you in about two blue moons. Hope you are feeling good. You in the principal's office-yes, a few times? I think Rodja was referring to nurse performing entertainers. Have a great day.

    February 16, 2011 at 9:02 am | Report abuse |
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