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Financial News Network
November 04, 2011 AT 5:59 PM
This is what's in the news for Friday, October 4th. Bloomberg reports that Berkshire Hathaway (NYSE:BRK.A) may post its first quarterly decline in book value in over a year on declines in Wells Fargo (NYSE:WFC), American Express (NYSE:AXP) and Chairman Warren Buffett's equity-derivative bets. The Wall Street Journal reports that Google (NASDAQ:GOOG) is considering a plan to offer paid cable-TV services to consumers. Reuters reports that the EU said it's opening an in-depth investigation into Johnson & Johnson's (NYSE:JNJ) proposed purchase of Swiss medical device maker Synthes.