CNBC

Newsday's coverage

• Buffett: Stocks reasonable, bonds awful

  and invest the rest in equities. "Stocks are reasonably priced now. They were very cheap a few years ago," Buffett said on CNBC .Buffett said most investors pay too much attention when the stock market reaches record highs. He said average investors should   Read more »

• Matt Lauer: 'Today' show will top ratings again

  television that "we own it and maybe that's why the press is so fascinated by us." She was grouping MSNBC's "Morning Joe" and CNBC's "Squawk Box" in with the "Today" show."When you factor in the quality of our audience ... we're really in a league of our own,"   Read more »

• Buffett's outlook on investments, economy

  "not as cheap as they were four years ago" during the financial crisis and stock market sell-off, he said in an interview on CNBC . "But you get more for your money" compared to other investments.He called long-term government bonds "the dumbest investment."   Read more »

• Icahn ups stake in Herbalife, takes on Ackman

  what I do. The fact that I don't like Ackman is, you could say, the strawberry on the ice cream." Icahn was speaking on the same CNBC show on which he and Ackman had a shouting match three weeks ago over Herbalife and other topics that became the talk of Wall   Read more »

• Ketchup maker Heinz being sold for $23.3B

  to Heinz's closing price of $60.48 on Wednesday.Heinz said the deal was unanimously approved by its board. Buffett said on CNBC that Berkshire is putting $12 billion to $13 billion into the deal. But he noted that Berkshire will still have room to make more   Read more »

Around the web

• These Cloud Stocks Can Fly: Pros

  "You have to focus on cloud as a tech investor at this point," Ken Allen, technology portfolio manager at T. Rowe Price, told CNBC this week. "It cuts across the industry, across subsectors." The benefits of scale will show that Amazon.com shares are relatively 12:22 AM from CNBC Read more »

• Art Market Monitor Responds to CNBC Jibe at Contemporary Art Market

  the week’s record-setting contemporary art auctions, CNBC analysts weighed in on the current setting of the contemporary art market, criticizing the easy classification of the market as a bubble set to burst, and noting the ongoing theme of art market commentary 5/18/13 from Art Observed Read more »

• Election key for mkt; 25bps rate cut seen in June: IIFL

  will be a good event for the market. This election will clear many hurdles because the elections reset the system," he told CNBC-TV18. Though there are some positive signals on the macro front for India, like down trending inflation and fall in commodity prices,   from Moneycontrol.com Read more »

• Gold not best asset to be in; look at equities now

  Mukherjee, managing editor, CNBC-TV18, believes gold is an unproductive asset. In CNBC-TV18's special show, Investor Camp, he said there is no way to actually value gold other than to compare it with other asset classes. "People’s opinion on gold have formed   from Moneycontrol.com Read more »

• India offers best balance of value, profitability: HSBC

  balance between value and profitability, says Nick Timberlake, global head-emerging markets at HSBC AMC. In an interview to CNBC-TV18's London Eye, Nick Timberlake says that among the BRIC nations, he is keen on India due to the strong combination of profitability   from Moneycontrol.com Read more »