The billionaire Warren E. Buffett's Berkshire Hathaway may lose its "AAA" credit rating from Standard & Poor's within a year if the insurance and investment company's capital levels or value of its equity holdings face more downward pressure.
S.&P. revised its rating outlook for Berkshire to "negative" from "stable" late Tuesday, Reuters reports. It said any [...]
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Warren Buffett's Berkshire Hathaway on Tuesday updated its quarterly list of equity holdings to show that the company wasn't holding twice as many Class A shares of insurance services company Verisk Analytics as it had three months ... Read Post
Time is making Warren E. Buffett's investment in Goldman Sachs look better. When Mr. Buffett's insurance and investment company Berkshire Hathaway bought $5 billion of Goldman preferred shares yielding 10 percent six months ago, it ... Read Post
Berkshire Hathaway, controlled by the billionaire investor Warren E. Buffett, company says it cut its holdings in a dozen different companies in the first quarter, including Kraft Foods and Procter & Gamble. Read Post