MAJOR PAPERS:

• The Financial Times reported that Warren Buffett has criticized hedge funds, calling their fee arrangements "grotesque."
• In other news relating to Warren Buffett, the New York Times wrote that Buffett said in his annual Berkshire Hathaway (NYSE: BRK.A) shareholder letter that he is looking for a candidate to become chief investment officer when he steps down.

• BusinessWeek's "Inside Wall Street" section focused on Tyco International Ltd (NYSE: TYC), Altair Nanotechnologies Inc (NASDAQ: ALTI) and Supergen Inc (NASDAQ: SUPG).
• About Tyco, the column said the planned de-conglomeration of the company has not produced a lot of excitement, but some pros are buying shares, as they believe Tyco splitting in three will cause a jump in the stock.
• About Altair, the column said Alcoa (AA) and Eli Lilly (LLY) have taken an interest in Altair's rapid-charge, high-power NanoSafe battery packs, which could mean a rise in 2007 orders creating a profit for the company.
• About Supergen, the column said that biotech's like Supergen are gaining traction, noting that Supergen inked a pact with Johnson & Johnson (JNJ) to market its Food & Drug Administration-approved drug Dacogen.
• Investor's Business Daily's "New America" column focused on Hurco Companies Inc (NASDAQ: HURC), a machine tool maker that has ad success by downsizing in the U.S. and shifting production to Taiwan.

Newspaper wrap-up 3-2-07: Warren Buffett seeking successor originally appeared on BloggingStocks on Fri, 02 Mar 2007 09:00:00 EST. Please see our terms for use of feeds.