In 2012, Warren Buffet’s Berkshire Hathaway, in a show of faith in the future of local news, bought a chain of newspapers from Media General. There was just one daily paper in the portfolio that Buffet didn’t take: The Tampa Tribune, the longtime rival to the Tampa Bay Times that traces its history to the 19th century. Things looked bleak...
Warren Buffett's Berkshire Hathaway gains NZ insurance license, enters Aust health underwriting.
The Barron’s 2015 list of World’s Most Respected Companies is out, and once again, its top is dominated by American companies like Apple, Walt Disney, Berkshire Hathaway, Visa, Google, Johnson & Johnson, Wells Fargo, and so on; European companies like Daimler (Germany), SAP (Germany), L’Oreal (France), AstraZeneca (UK), and Actavis (Ireland) [...]
The deal struck between IAG and Berkshire Hathaway will give the local insurer more capital flexibility and hints at the US group's intentions in the Asia-Pacific region.
Berkshire Hathaway takes stake in insurer through $500m share placement.
The "Oracle of Omaha" truly lives up to his name. Between 1964 and 2014, the S&P 500 increased by a whopping 2,300%. On the other hand, the stock price of Berkshire Hathaway, the company of which Warren Buffett is chairman, president, and CEO, grew an even more mind-blowing...
When Sardar Biglari, CEO of Biglari Holdings, won a hotly contested battle to retain control the company's its board in April, investors feared his next move would be to cement his control. They were right.
Welcome to mid-week. Here are our local, organically grown morning train reads: • Warren Buffett Is Winning Fans in China: Growing enthusiasm about stocks adds to interest in Berkshire Hathaway CEO (WSJ) • Calling the Turns: Why Market...Show More Summary
The chairman of a Chinese online gaming company submitted the winning bid of $2.35 million in a charity auction to have lunch with Berkshire Hathaway CEO Warren Buffett.
Warren Buffett, Chairman and CEO of Berkshire Hathaway, is a true self-made man and one of the wealthiest people in the world. So how did he get there? He's a brilliant investor who avoids these big blunders. The post Investing Mistakes Warren Buffett Would Never Make appeared first on AllBusiness.com.
Billionaire Warren Buffett has long been a fan of philanthropists Bill and Melinda Gates, but he spelled out exactly why he adores the generous power couple on Wednesday night. The Berkshire Hathaway CEO warmly toasted the Gateses at...Show More Summary
Apple ranks in at number 5 on the latest Fortune 500, the annual list that ranks US companies by revenue, this time for fiscal year 2014. The company maintains its same position as last year behind Berkshire Hathaway (no. 4), Chevron (no. 3), Exxon Mobil (no. 2), and Wal-Mart Stores (no. 1). While Apple comes in at […]
Warren Buffett and Berkshire Hathaway have been synonymous with success and financial strength. Unfortunately, that's not the case with every division of the Berkshire Hathaway family of businesses. The company's luxury aviation business...Show More Summary
BUFFETT’S NEW ENERGY DIVISION BUYS MORE Berkshire buys more wind projects May 22, 2015 Lincoln Journal Star BHE Renewables, a subsidiary of the Berkshire Hathaway Energy company that is owned by Warren Buffett’s Berkshire Hathaway Inc.,...Show More Summary
Whether it is Brazilian private equity giant 3G Capital and its favored partner, Warren Buffett of Berkshire Hathaway, or cable billionaire John Malone, the heaviest hitters in the world of dealmaking are showing an abundance of caution even as they spend what could be over $100 billion on acquisitions this year.
HONG KONG (Reuters) - Chinese automaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, plans to raise up to $1.9 billion in a share offering in mainland China, IFR reported on Tuesday, citing a source familiar with the plans. Show More Summary
Warren Buffett’s Berkshire Hathaway had a bit of a slow first quarter. The Oracle of Omaha didn’t open or close any new positions, but added to a stake in industrial company Precision Castparts (PCP) and 21st Century Fox (FOXA), regulatory filings show. Berkshire upped its position in Precision Castparts by about 50% to 4.2 million [...]
(Reuters) - Warren Buffett's Berkshire Hathaway Inc on Friday said it has increased its holdings in some of its biggest stock investments, including Wells Fargo & Co and International Business Machines Corp. The changes were disclosed in a regulatory filing detailing Berkshire's U.S.-listed stock portfolio as of March 31. Show More Summary
There are well over a dozen Berkshire-like stocks that trade on public stock markets every day, often with little fanfare. These 'wannabe Buffetts' span markets as far flung as cable and media, hotels, hamburgers and energy, in addition to Berkshire-like business lines such as insurance, railroads and industrial services
Forty thousand-plus people flocked to Omaha, Neb., the first weekend of May for Berkshire Hathaway's (NYSE: BRK-B) 50th-anniversary shareholder meeting. Along with many of my peers, I always