The billion dollar AAPL investment Warren Buffett’s conglomerate Berkshire Hathaway disclosed in an SEC filing a fortnight ago seems to have gone a long way toward restoring investor confidence. Fortune reports that the stock has climbed...Show More Summary
Tech giant Apple’s share price, that peaked above US$132 a year ago, is now around US$94. This is despite the news that Warren Buffett’s investment conglomerate Berkshire Hathaway had recently acquired more than 9.8 million Apple shares. Since last year’s market peak, Apple has lost around one...
The world of Apple and Buffett have suddenly intersected and Berkshire Hathaway has invested $1 billion into the tech company.
Bruce Berkowitz (Trades, Portfolio), staunch contrarian investor at the Fairholme Fund (Trades,Portfolio), engaged in unusually aggressive selling in the first quarter and unloaded some of his key long-term holdings. Virginia "Ginni" Rometty, chief executive officer of International Business Machines Corp. Show More Summary
(Reuters) - The General Re unit of Warren Buffett's Berkshire Hathaway Inc on Friday named longtime reinsurance executive Kara Raiguel as its new chief executive officer, replacing the retiring Tad Montross. Raiguel will report to Ajit...Show More Summary
Tech giant Apple’s share price, that peaked above US$132 a year ago, is now around US$94. This is despite the news that Warren Buffett’s investment conglomerate Berkshire Hathaway had recently acquired more than 9.8 million Apple shares. Show More Summary
SAN FRANCISCO—Warren Buffett made it clear that Berkshire Hathaway's billion-dollar stake in Apple earlier this year reflects the work of one of the company's investment managers, Todd Combs or Ted Weschler. In an email to the Wall Street...Show More Summary
A quick summary of the kabuki dance that was quarterly fund manager holding disclosures: Berkshire Hathaway (BRK.B) disclosed a new, roughly $1.1 billion stake in Apple (AAPL) in documents filed Monday morning with securities regulators. Meanwhile, Berkshire eliminated its position in AT&T (T) in the first three months of this year. The firm had been a large investor […]
When Berkshire Hathaway HomeServices Northwest broker Becco Zou has a new client in town from China with a long shopping list, the Chinese-born agent tells them: "Show me the money." Usually they go away for awhile -- and then they come back. They are worth waiting for -- they might want a $3 million home, a commercial investment and a ranch where they can entertain clients...
Warren Buffett’s Berkshire Hathaway has a lot of faith in Apple’s ability to create new products that boost revenue growth. ||| Seattle - Given all the pessimism about Apple these days, one might wonder why Warren Buffett’s Berkshire Hathaway is betting $1.1 billion on the company. Show More Summary
Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) released the portfolio Warren Buffett (Trades,Portfolio), Todd Combs and Ted Weschler share early Monday morning, revealing a new purchase of Apple and increases to nine of their existing holdings. Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., listens while playing cards on the sidelines the [...]
By Laura Woods, Contributor Warren Buffett's Berkshire Hathaway disclosed a regulatory filing on Monday revealing the firm acquired more than 9.8 million shares of Apple stock for $1.1 billion during the first quarter. This is the first...Show More Summary
Billionaire activist investor Carl Icahn Photo: Peter Foley/Bloomberg What does Berkshire Hathaway’s (BRKA) $1 billion stake in Apple (APPL) tell you about the tech titan’s stock? It’s a good question, given that the stake comes as other big money managers are exiting, or paring down their positions. As my colleague Chris Dieterich remarked earlier today, […]
Apple is having a good day, its stock rising about 3% after a slump blamed on slowing iPhone sales. The reason for the uptick? Look to Warren Buffett, whose Berkshire Hathaway company shrugged off a general aversion to tech stocks and disclosed a $1.1 billion stake in Apple, reports...
Imagine if all-purpose guru Dan Gilbert of Quicken (online lender) and mega-rich ethical capitalist Warren Buffett of Berkshire Hathaway (owns HomeServices) are the winning bidders for Yahoo! It was reported over the weekend that they have teamed up and are on the hunt. Show More Summary
Finance Insider is Business Insider's summary of the top stories of the past 24 hours. There is a lot going on this morning, so here's a quick roundup. Berkshire Hathaway owned $1 billion worth of Apple shares as of the end of the first quarter. Show More Summary
Erik Holm and Anupreeta Das, reporting for the WSJ: Berkshire Hathaway‘s new investment in Apple was selected by one of Warren Buffett‘s stockpicking lieutenants, not by the “Oracle of Omaha” himself. Berkshire revealed an Apple stake worth nearly $1 billion early Monday, as part of Berkshire’s quarterly disclosure of its stock holdings. Show More Summary
Can the Oracle of Omaha save Yahoo(YHOO)? Associated Press That’s the question Mizuho analyst Neil A. Doshi and his team asked today responding to the news that Warren Buffett’s Berkshire Hathaway (BRKA) is willing to provide financing to a consortium that includes Quicken Loans founder Dan Gilbert seeking to buy Yahoo’s online portfolio. The news, which […]