- RBS says it's a buying opportunity (no quote yet — from Bloomberg TV)
- Equities "Look Cheap" Again, BlackRock Says (Bloomberg TV)
- Huntsman CEO Buys 100,000 ‘Ridiculously’ Cheap Shares (Bloomberg)
(Bloomberg) Some say the market drop presents a buying opportunity and are taking the opportunity to repurchase shares. Fluor Corp, the largest publicly traded U.S. construction company, and Japan’s Softbank Corp told investors they’re buying back stock.Yesterday, on Bloomberg:
Huntsman Corp. CEO Peter Huntsman said he spent $1.1 million of his own money to buy shares of the Houston-based chemical maker, and consumer products company Jarden Corp. of Rye, New York, said its board approved a $500 million repurchase program.
(Bloomberg) — Billionaire investor Wilbur Ross said he’s buying assets as the losses in global markets are being driven by fear rather than economic reality.
Pfizer Inc. (PFE) advanced 5.6 percent to $17.60. The world’s biggest drugmaker was also added to Bank of America’s “U.S. 1” list. Separately, Goldman Sachs Group Inc. added Pfizer to its “Conviction Buy” list.
Warren Buffett’s Berkshire Hathaway Inc. (BRK/A) was raised to “overweight” from “equal weight,” by Barclays Plc after the company’s stock fell yesterday to its lowest since January 2010. [...]