Warren Buffett Updates: Return-On-Equity Dividend Stocks, General Motors Company (GM), Predictions & More

Prudential Fox & Roach sold to Warren Buffett company (Montgomery Newspapers)
The signs will change, but the services and leadership will remain the same. Prudential Fox & Roach, Realtors, and its subsidiary, The Trident Group, have been acquired by HomeServices of America Inc., an affiliate of Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.B). Financial terms of the deal, closed July 31 and announced Aug. 13, were not disclosed. The “piece of the rock” and the Prudential name will be disappearing from the sign around mid-November, according to Steve Storti, chief marketing officer of Prudential Fox & Roach, Realtors and The Trident Group. The new sign, a sort of tomb-shaped vertical, will read Berkshire Hathaway HomeServices, Fox & Roach Realtors.

Which Share Buybacks Are The Most Sustainable? (Seeking Alpha)
According to Buffett, the great advantage of buybacks is that the investor essentially reinvests the whole distribution of the company on the stock without incurring a tax bill, whereas dividends incur a tax bill. Moreover, the buybacks confirm the management’s confidence on the value of the stock. In addition, an important side benefit of the buybacks is the defensive nature of buybacks in a market correction – when a stock declines, the company can purchase a greater number of its shares, thus further increasing its EPS.