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Imus in the morning program on the fox.
-- everyone Berkshire Hathaway CEO were -- Buffett says that the recent record run for the markets won't be ending any time soon.
Speaking with fox business's -- -- -- -- company's annual shareholder meeting this weekend.
Buffett said despite some uncertainties out there stocks will go much higher in the years to come he also weighed in on how markets will react once the Federal Reserve stops or scaled back.
Its program of buying billions of dollars in treasuries.
You'll see and everything I mean but I don't know what I don't wanna leave but.
-- is based actively -- markets.
Not me but people are buying and selling by the day and that sort of thing they're all looking to the Fed.
As to when they -- -- that doesn't in -- Sox without irony of the short it -- mean that every single trader.
Will react in some significant way and they will look to -- arbitrators -- reacting.
On Friday Berkshire reported a first quarter operating profit of 2302.
Dollars per class a share topping Wall Street's estimate.
And coming up but the bottom of the -- -- -- will sit down with Buffett along with virtue vice chairman Charlie Munger.
Microsoft chairman Bill Gates and a mystery guest again that's live at 930 only on Fox Business.
Thirty minutes away from the opening bell on Wall Street a little less than that in fact in futures.
Are in the green just barely got Dow futures up by one point -- -- -- up.
Just shy of that nasdaq's up almost eight points the let's see what else we can expect from this trading day from -- cement Eddie now on the floor of the New York Stock Exchange Taylor.
Pat saying good morning -- features are flat at around stellar week last week the Dow briefly touching 50000.
For the first time in history.
And the S&P 500 closing above 16100 for the first time in history as well they -- that was the big -- last week.
Up 3% on the week its best weekly performance in November and -- Indy 500 tech sector up more than four and a half percent on the week.
As well also that was really where the money -- last week and lots of names like apple Google FaceBook all -- in the news last week and once again this morning let's start with apple it's up about one and a half percent here in the premarket.
Getting back above 450 dollars a share the news is it's finally getting some price target upgrades once again.
One of them coming from Barclays also -- -- Eight in Barron's over the week -- -- -- of apple as one of five companies that dating would be -- 500 financially strong and these out within that group as well that is southward bound to watch today.
IA as well it's not too much and -- but we definitely keeping our eyes on these out.
I'll Google shares they're -- -- European Commission believes Motorola mobility which is only like Google is abusing its market position by.
And forcing an injunction against apple in Germany over -- and that's moving the -- a little bit today.
All -- but it's up believe it or not about 2050.
Here in the premarket -- tape but back and saying it's completely over valued they've made that call.
Earlier this year they're making it again they say FaceBook shares worth no more than twenty bucks as you can see.
Basement definitely more than that right now.
-- type -- this is the largest US meat producer a double on -- in its latest earnings.
On -- their profit and revenue they cut their full year outlook.
The reason and is that restaurants and consumers are switching to sit -- because it's cheaper and then beat.
There also still feeling the effects of that -- The worst when it happens -- the drought last year -- -- it is -- big mover to the downside today and since we're talking about me let's talk about Yum! Brands.
This stocks down 1% here in the premarket.
The news isn't that Chinese authorities are investigating its -- from a wholesaler that supplies.
Mine to arrest on and sign -- that is owned by Yum! Brands called little sheet they basically c.'s meet branded new dealings sliced lamb.
They said it lacked production and an ingredient labeling and now they're doing DNA tests on that means William Rand once again in the news not for very good -- and that you.
All right at Florence and an even NIC thankful -- And a team of private equity firms reportedly has reached a deal to acquire BMC software and an announcement could come as soon as today.
Sources say -- which makes software that businesses -- to help run their computer networks was working out final details over the weekend with Bain Capital and -- capital.
The company's shares closed Friday at 45 dollars 42 cents giving it a market capitalization.
Of around six and a half billion dollars but.
The NC has been under pressure from shareholder Elliott management to find ways to boost its stock price including their potential sale.
The companies due to report earnings tomorrow.
Here's a look at commodities now -- oil and gold trading mixed this morning oil slightly down gold up about seven bucks.
Now here's the -- -- live on Fox Business.
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