Bloomberg first reported the news on Wednesday, attributing the revelation to unnamed sources. Buffett later told CNBC that his company Berkshire Hathaway "had discussions with Uber."
Uber declined to comment for this story, and Berkshire Hathaway (BRKA) could not immediately be reached for comment.
An endorsement from Buffett may have been particularly helpful for Uber as it works to reform its image following allegations of a culture of sexism and harassment within the company.
Buffett told CNBC that he's a "great admirer" of Uber's new CEO Dara Khosrowshahi, who took over last year amid the turmoil.
Interest from the famed investor offers a boost to companies.
When Buffett recently told CNBC that his company bought about 75 million shares of Apple (AAPL) stock during the first three months of the year, Apple stock climbed 4%. That day, the company closed at an all-time high.
Top Warren Buffett Stocks To Own For 2019: Special Opportunities Fund Inc.(SPE)
Advisors' Opinion:- [By Max Byerly]
Spartan Energy (TSE:SPE) insider Albert Jason Stark sold 21,706 shares of Spartan Energy stock in a transaction dated Tuesday, May 8th. The stock was sold at an average price of C$6.48, for a total transaction of C$140,654.88.
- [By Ethan Ryder]
Special Opportunities Fund, Inc. (NYSE:SPE) insider Gerald Hellerman bought 1,000 shares of the firm’s stock in a transaction on Thursday, October 11th. The stock was purchased at an average cost of $14.47 per share, with a total value of $14,470.00. Following the completion of the transaction, the insider now directly owns 22,793 shares of the company’s stock, valued at $329,814.71. The transaction was disclosed in a filing with the SEC, which is available through this link.
Top Warren Buffett Stocks To Own For 2019: MDC Partners Inc.(MDCA)
Advisors' Opinion:- [By Lisa Levin]
Shares of MDC Partners Inc. (NASDAQ: MDCA) were down 37 percent to $4.32 after a first-quarter earnings miss.
Hudson Technologies Inc. (NASDAQ: HDSN) was down, falling around 29 percent to $2.9199 after the company reported downbeat Q1 earnings.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on MDC Partners (MDCA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lisa Levin]
Shares of MDC Partners Inc. (NASDAQ: MDCA) were down 33 percent to $ 4.575 after a first-quarter earnings miss.
Hudson Technologies Inc. (NASDAQ: HDSN) was down, falling around 32 percent to $2.7799 after the company reported downbeat Q1 earnings.
- [By ]
In particular, Birchenough notes that he has increased confidence in the results due for Aeglea's lead product candidate pegzilarginase- an enzyme replacement therapy for the treatment of Arginase deficiency and solid tumors.
MDC Partners (MDCA) Current share price: $7.55Keep a close eye on MDC Partners- a fast-growing marketing and communications network. Most interestingly, MDC has just been upgraded by five-star Wells Fargo analyst Peter Stabler. His shift in sentiment comes with a bullish $11 price target (46% upside potential).
- [By Shane Hupp]
Get a free copy of the Zacks research report on MDC Partners (MDCA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top Warren Buffett Stocks To Own For 2019: Western Asset Mortgage Capital Corporation(WMC)
Advisors' Opinion:- [By Max Byerly]
ValuEngine lowered shares of Western Asset Mortgage Capit (NYSE:WMC) from a buy rating to a hold rating in a research report report published on Wednesday.
- [By Stephan Byrd]
Lincoln National Corp acquired a new position in Western Asset Mortgage Capital Corp (NYSE:WMC) during the 2nd quarter, Holdings Channel reports. The fund acquired 11,000 shares of the financial services provider’s stock, valued at approximately $115,000.
Top Warren Buffett Stocks To Own For 2019: PCM, Inc.(PCMI)
Advisors' Opinion:- [By Motley Fool Transcribers]
PCM Inc (NASDAQ:PCMI)Q4 2018 Earnings Conference CallFeb. 06, 2019, 9:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By ]
2. PCM, Inc. (Nasdaq: PCMI)
Talk about a value and momentum monster! This multi-vendor provider of technology solutions surged higher by an astounding 134% in 2018 alone. - [By Ethan Ryder]
PCM Inc (NASDAQ:PCMI) insider Simon M. Abuyounes sold 52,732 shares of the stock in a transaction on Wednesday, August 22nd. The shares were sold at an average price of $22.31, for a total value of $1,176,450.92. Following the completion of the sale, the insider now owns 59,463 shares of the company’s stock, valued at $1,326,619.53. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
- [By Lisa Levin]
Thursday morning, the information technology shares gained 1.72 percent. Meanwhile, top gainers in the sector included PCM, Inc. (NASDAQ: PCMI), up 17 percent, and Advanced Micro Devices, Inc. (NASDAQ: AMD), up 13 percent.
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