Warren Buffett Diagnosed With Prostate Cancer: Hot Trends
NEW YORK ( TheStreet) -- Popular searches on the Internet include Warren Buffett, after the 81-year old billionaire investor announced he has been diagnosed with stage-one prostate cancer.
In a letter to shareholders, the chairman and CEO of Berkshire Hathaway (BRK-A) indicated he will begin a two-month radiation treatment in mid-July. He said the treatment will restrict his ability to travel, but otherwise should not affect his ability to work. Buffett tried to alleviate concerns by assuring that his prognosis is "not remotely life-threatening."
Buffett said he was diagnosed on April 11. He has undergone several tests, none of which indicate cancer in any other part of his body.
Stage one is the earliest and least deadly stage of prostate cancer.
Statoil ASA (STO) is trending as its board of directors has decided to accept a cash offer of $2.8 billion from Alimentation Couche-Tard to buy the company. Couche-Tard will offer Statoil Fuel & Retail shareholders 53 Norwegian kroner, or $9.22, per share. Couche-Tard plans to fund the deal through credit facilities and a $3.2 billion financing arrangement over three years. The deal is in line with Couche-Tard's growth strategy to expand into Scandinavian and Eastern European regions. Statoil said the sale would help the company focus on its oil and gas exploration and production business. The acquisition still needs approval by regulators and is expected to go through by the end of June.
Halo 4 is a popular topic on the Web, after Microsoft (MSFT) excited fans of the franchise by announcing the release date of its next installment. Microsoft announced Halo 4 is slated for worldwide release on Nov. 6. It will be the seventh game in the franchise, and will feature the return of Master Chief Petty Officer John-117, who has not been in the series since the end of 2007's Halo 3. Master Chief is expected to face new challenges and obstacles unlike those he has faced in the game before. He will also have cosmetic changes, including wearing a more prominent bodysuit with different type of armor.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV