Sprint Hits Up Warren Buffett for Possible Investment

Sat Jul 15 2017

Sprint’s chairman, Masayoshi Son, has engaged in talks with Berkshire Hathaway’s Warren Buffett and media mogul John Malone to discuss a potential investment in the U.S. wireless company, the Wall Street Journal reported on Friday.

Son met Buffett and Malone, the chairman of Liberty Interactive, separately this week at an annual gathering of CEOs in Sun Valley, Idaho, the Journal reported, citing people familiar with the situation.

Sprint’s shares (s) were up 2% at $ 8.37 in afternoon trading, while shares of Liberty Interactive were up 1.6% at $ 23.38.

Sprint, Berkshire Hathaway and Liberty Interactive did not immediately respond to Reuters requests for comment.

Nikki Bailey

Nikki Bailey reports on US Stocks. She covers also economy and related aspects. She has been tracking US Stock markets for several years now. She is based in New York

Indices	Last	Chg	Chg%
DOW 30	44,753.90	-106.45	-0.24%
S&P 500	6,000.11	-21.52	-0.36%
FTSE 100	8,274.75	+16.14	+0.20%
DAX	19,261.80	-34.23	-0.18%
NIKKEI 225	38,135.00	-307.03	-0.80%
SHANGHAI COMPOSI	3,309.78	+50.02	+1.53%
NSE NIFTY	24,274.90	+80.40	+0.33%

Futures	Last	Chg	Chg%
DOW 30 FUTURES	44,754.50	-105.80	-0.24%
S&P 500 FUTURES	5,999.40	-22.20	-0.37%
FTSE 100 FUTURES	8,292.80	-0.20	0.00%
DAX FUTURES	19,314.00	-39.00	-0.20%
SGX NIFTY FUTURE	24,300.00	+1.50	+0.01%
US DOLLAR INDEX	106.05	-0.96	-0.90%
S&P 500 VIX FUTU	15.330	+0.080	+0.500%

Commodities	Last	Chg	Chg%
GOLD	2,661.20	+14.90	+0.56%
SILVER	30.050	-0.355	-1.170%
COPPER	4.0770	+0.0280	+0.6900%
CRUDE OIL	68.760	-0.010	-0.010%
BRENT OIL	72.860	+0.050	+0.070%
NATURAL GAS	3.2080	-0.2590	-7.4700%

Currencies	Last	Chg	Chg%

Sprint Hits Up Warren Buffett for Possible Investment

Nikki Bailey

Related News