Warren Buffett News: Buffett seeks $1bn damages from Swiss Re

Did Warren Buffett Break His Promise? (DailyFinance)
A little more than six months ago, Warren Buffett set out to save the American newspaper industry. Paying $142 million to acquire 63 struggling newspapers from Media General, Inc. (NYSE:MEG), the Berkshire Hathaway (NYS: BRK.A) (NYS: BRK.B) chairman made a number of promises to his new employees … and to his new readers. He promised, for example, to “rethink the [newspaper] industry’s initial response to the Internet,” and to “blend … digital and print [to] attract both the audience and the revenue we need.”

Why Wells Fargo Is Warren Buffett’s Favorite Bank (GoBankingRates)
Wells Fargo & Company (NYSE:WFC) is Warren Buffett’s favorite bank stock. Given Warren Buffett, chairman and CEO of Berkshire Hathaway (BRK-A, BRK-B), is widely considered the most successful investor of the 20th century, it’s smart for investors to pay attention to stocks he likes. We’re going to dig a bit to find out why Buffett favors Wells Fargo. You may decide you, too, might want to invest in Wells Fargo. At the very least, you should gain some insight into Buffett’s stock-picking thought process.

Warren Buffett’s Best Yielding Dividend Stocks (Trefis)
Warren Buffett – Berkshire Hathaway Q3/2012 Fund Investing Strategies By Dividend Yield – Stock Capital, Investment. Buy big dividend stocks is one of my favorite claims. A great investor who followed this approach successfully is Warren Buffett. I made a list of his best yielding stocks from his latest reported billionaire’s fund – Berkshire Hathaway. From his 38 stocks pay 28 dividends. The highest yielding stock is GlaxoSmithKline (GSK), a British drug company. Its dividend yield is 5.32 percent. The top stocks are a mix of drugs, oil & gas and newspaper businesses.