Monday, August 8, 2011

S&P's Rogue Rampage Continues: Berkshire Hathaway's Outlook Cut To Negative

The latest victim of S&P going rogue: Warren Buffett. BusinessInsider reports that Berkshire Hathaway's outlook has just been revised from stable to negative.

It's not actually a downgrade, and not necessarily going to have a huge impact, but it's still significant.

Meanwhile, stocks are back at their lows of the day, with the NASDAQ off around 4%....

Read more: http://www.businessinsider.com/sp-puts-berkshires-outlook-on-negative-2011-8#ixzz1USYXTNxn

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