Buffett Increases Wells Fargo, U.S. Bancorp, IBM Holdings

Berkshire Hathaway Inc. increased its holdings in some of billionaire Chairman Warren Buffett’s favorite companies in the first quarter, including Wells Fargo & Co. and International Business Machines Corp.

Warren Buffett: Tesco shares 'a huge mistake'

Billionaire investor Warren Buffett has described his decision to invest in Tesco as a "huge mistake".

Warren Buffett invests $5bn in Bank of America

Warren Buffett's company Berkshire Hathaway has announced it is investing $5bn (£3.1bn) in Bank of America.

News of the world famous investor's decision sent Bank of America's shares more than 25% higher.