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Stocks to Buy: Why Warren Buffett Is Hunting in Europe – Money Morning

Investment guru Warren Buffett is looking for stocks to buy now in struggling Europe- a region many investors refuse to touch thanks to the destructive Eurozone debt crisis.  

But the Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) CEO told CNBC he’s bought a couple smaller businesses in Europe over the last 12 months and also took positions in some European equities.

“We’ve bought some European stocks,” Buffett said. “And the fact that there are troubles in Europe, and there are plenty of troubles, and they’re not going away fast, does not mean you don’t buy stocks. We bought stocks when the United States was in trouble, in 2008 and it was in huge trouble, and we spent $15.5 billion in three weeks in between September 15 and October 10.”

One reason for Buffett’s interest in Europe: plenty of cheap buys.

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Apple (Nasdaq: AAPL) Patent War with Samsung A Fight No One Wins

Like two mighty monsters in a 1950s sci-fi B-movie, Apple Inc. (Nasdaq: AAPL) and Samsung Electronics Co. (PINK: SSNLF) have locked horns for over a year in an epic patent war neither can win.

Over the past year, the two tech titans have filed dozens of patent infringement lawsuits against each other in 10 countries. Most seek to block the sale of one or more of the other’s smartphone and tablet products.

The biggest case, filed in San Jose, CA, is scheduled for a July trial, which U.S. District Judge Lucy Koh is desperate to avoid. (She called the case “cruel and unusual punishment” for the jury.)

Earlier this week Koh ordered the CEOs of both Apple and Samsung to meet in mediation sessions, but nothing came of the meetings.

The mutual stubbornness makes sense when you realize what’s at stake.

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