Reuters - Video

Edition: US | UK | IN | CN | JP

Video

U.S. Morning Call: Who will succeed the 'Oracle of Omaha'?

Sunday, February 26, 2012 - 02:22

Feb. 27 - In an interview with CNBC Warren Buffett says the person chosen to replace him as CEO of Berkshire Hathaway doesn't know he has been selected.

▲ Hide Transcript

View Transcript

Your morning -- this Monday Warren Buffett -- a bit. Light on his successor and his outlook for the economy you -- Obama hot telling CNBC that person chosen to replace him. As CEO Berkshire Hathaway doesn't know he's been selected. He also addressed criticism about not revealing the name publicly. In part by saying he doesn't know what the next CEO will be at companies invest in there. As far as his outlook offices and housing market improvement is likely this year and it doesn't expect higher oil prices to derail the recovery. BP is trying to avoid a trial to decide who should pay for the 2010 Gulf of Mexico oil spill. Did you push back court case one week so the outside and he talks with the group representing fisherman hotel owners and others. This it is still damaged their livelihoods. Eleven people were killed and about four point nine million barrels of oil spewed from the mildly macondo oil well is by far the worst offshore US oil spill. Nokia Microsoft making another push to become relevant to this Smartphone category. Nokia unveiled a new cheaper Smartphones using Windows Phone software. To try to get in the game with rivals such as apple. -- -- at 610 carries a lower price tag which analysts say how -- better compete. With cheaper android phones that also took the wraps off a higher price camera phone. Microsoft share the Smartphone market fell 2% last quarter from 3% a year earlier. Stocks lost today include blacks down the Wall Street Journal reporting it's expected to announce. A two billion dollar investment in company planning to build a natural gas exporting facility in the US. An El Paso late Friday consortium led by Apollo global management. Agreed to pay seven points fifteen billion dollars for perhaps as oil and gas exploration and production business. And -- housing news today with release pending home sales for January. Thomson Reuters part markets expect the index to hold steady as relative strength and the man. Continues to be offset by mortgage lenders. Not eased credit standards that report coming out it's heading out and that's your morning call this Monday I'm Rhonda -- is this Reuters Insider.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

U.S. Morning Call: Who will succeed the 'Oracle of Omaha'?

Sunday, February 26, 2012 - 02:22