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Berkshire reports fifth-straight profit decline; Buffett tells shareholders...
Berkshire reports fifth-straight profit decline; Buffett tells shareholders “economy in shambles”Due to the losses on derivative contracts, tied to the stock market, bringing about a mammoth $10.9...
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Berkshire Hathaway losses $1.5 billion in Q1; Buffett does not expect quick...
berkshire_hathaway.jpgThe economic slowdown, combined with losses on derivative contracts and a huge investment in the oil company ConocoPhillips, resulted in a $1.5 billion first quarter loss for...
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Berkshire raises stake in Wells Fargo, US Bancorp
Berkshire.Hathaway-Wells.Fargo_.jpgBerkshire Hathaway Inc., the billionaire investor Warren Buffet-owned one of the most venerated companies of the US, has ‘modestly’ raised its stake, in the first...
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Berkshire Hathaway posts 14% jump in 2Q profit
Berkshire-Hathaway.jpgOmaha-based Berkshire Hathaway Inc., Warren Buffett's company reported on Friday a jump of 14% in profit for the second quarter ended June 30. The value of derivative contracts of...
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Stephen Burke Added to Board of Directors by Berkshire
StephenBurke.jpgAs confirmed by Berkshire Hathaway Inc., owned by billionaire Warren Buffet, on Tuesday, Comcast Corp's Chief Operating Officer, Stephen Burke, has been elected to join the company's...
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Berkshire against Kraft’s New Proposal for Cadbury
Berkshire-Kraft-Cadbury.jpgIn a major move, Buffett, CEO of Berkshire Hathaway, has opposed Kraft's proposal of issuing shares of $16 billion to Cadbury. Berkshire Hathaway owns 138 million shares of...
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Swiss Reinsurance Sells Part of US Business to Berkshire
Swiss-Reinsurance1.jpgAs was confirmed by the company on Monday, Swiss Reinsurance Co. proceeded to sell a part of its American life reinsurance business to a division of Berkshire Hathaway, which...
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70% Burlington Investors Vote in Favour of Buffett Deal, CEO Says
Burlington-Investors-Vote.jpgBurlington Northern Santa Fe Corp. investors owning about 70 percent of the company's shares voted to approve $26 billion acquisition by Warren Buffett's Berkshire Hathaway...
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Biggest Job Cuts Reported by Berkshire Hathaway Inc.’s Fruit of the Loom and...
Berkshire-Hathaway.jpgAs the global financial meltdown weighed heavily on sales and profits all throughout 2009, Berkshire Hathaway Inc.’s Fruit of the Loom and carpet manufacturer Shaw Industries...
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Berkshire suffers losses
Berkshire_Hathaway.jpgWarren Buffett’s Berkshire Hathaway is faring the bad weather where the company’s second-quarter profit has declined 40 percent. This has largely been because of the derivative...
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Buffet hired Fund Manger to oversee its portfolios of abroad
Berkshire-Hathaway.jpgA new hedge fund manger has been appointed by Berkshire Hathaway for managing a considerable portion of the firm’s investment selection which was built by the founder of the firm,...
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Todd Combs to be the New CEO of Berkshire Hathaway
berkshire-hathaway.jpgBerkshire Hathaway this week announced its new CEO Todd Combs, who will take over Warren Buffett.Warren Buffett has an excellent investment record that he did for the Company...
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Buffett names Matt Rose as the potential successor
Berkshire-Hathaway.jpgIn the last letter to the company, before he actually take a final call on the terms of service with the company, Berkshire Hathaway Inc, has actually mentioned that there are...
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Berkshire Hathaway Agrees to Buy Lubrizol for $9 Billion Cash
Warren-Buffett-Berkshire-Hathaway.jpgIn a major buyout, Berkshire Hathaway Inc agreed to buy chemical and lubricant maker Lubrizol Corp for $9 billion in cash.read more
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David Sokol of Berkshire Hathaway Resigns
David-Sokol.jpgDavid Sokol, who has spent most of his career with Berkshire Hathaway, has resigned from the company. He said that he has taken the decision so that he can spend more time with his...
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Any Idea, Who will be Buffett's Successor?
Warren-Buffett.jpgThe news of Mr. Warren Buffett’s suffering from prostate cancer has troubled many in the region. Moreover, people have also started worrying who will become Buffett’s successor. Yes,...
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Berkshire Reported Third Quarter Record Profit Pushed by Gains from Kraft Heinz
heinz-and-kraft.jpgBerkshire Hathaway Inc. reported quarterly profits that almost doubled to touch record high. This mirrors big gains on its stake that the company has in Kraft Heinz Co. Operating...
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Warren Buffett’s 2015 Annul Letter Addresses Risks of Climate Change and...
Warren-Buffett.jpgThe Nebraska Peace Foundation, which is an organization with multiple agendas like fighting against climate changes, nuclear weapons and racism, owns a share in Berkshire-Hathaway...
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Filing Shows Berkshire Bought Apple Stakes at $99.49 a Share Totaling...
Berkshire_Hathaway.jpgLast month Berkshire Hathaway announced purchasing some stake in Apple but exactly how much was not known. read more
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