Warren Buffett's Berkshire Hathaway. has sharply boosted its stake in General Motors, while again cutting its stakes in packaged food companies Kraft and Mondelez. Stock futures slid for the third ... more 
Warren Buffett's Berkshire Hathaway. has sharply boosted its stake in General Motors, while again cutting its stakes in packaged food companies Kraft and Mondelez. Stock futures slid for the third out of the past four days as more blue-chip companies released disappointing profit-numbers and trimmed their outlooks for the year. The number of Americans filing new claims for jobless benefits fell to a near six-year low last week and consumer prices rose broadly in July, which could draw the Federal Reserve closer to trimming its massive bond buying program. Stock index futures fell on continued uncertainty over when, and how quickly, the Federal Reserve will begin to wind down its program to stimulate the world's largest economy. less 
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Wochit
Thu, Aug 15, 2013 10:33 AM EDT