|Bid||178.15 x 300|
|Ask||178.35 x 400|
|Day's Range||177.07 - 178.50|
|52 Week Range||141.92 - 179.99|
|PE Ratio (TTM)||19.51|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Sempra Energy, B&G Foods, Fiat Chrysler, Nike and Starbucks are among the stocks to watch.
The 5th U.S. Circuit Court of Appeals in New Orleans said SCA Promotions Inc was entitled to half of its $11 million contract with Yahoo as a cancellation penalty. It rejected Yahoo's claim that Dallas-based SCA improperly leaked the promotion to Buffett and Berkshire, while trying to line up insurance coverage for the grand prize.
This represents a rare blow to Buffett, who avoids bidding wars for companies and had swooped in two months ago to buy Oncor after Texas regulators blocked two previous attempts by Energy Future to sell it. Energy Future, which has been in bankruptcy since 2014, had initially planned to seek court approval on Monday for the sale of Oncor to Berkshire for $9 billion over opposition from its biggest creditor, hedge fund Elliott Management Corp. Instead, Energy Future lawyer Chad Husnick told the court the Dallas-based company had decided to "pursue another path" with Sempra because of the value of the bid, a lower break-up fee and, most importantly, support from Elliott.