Microsoft co-founder Bill Gates, Berkshire Hathaway CEO Warren Buffett and Oracle Chairman Larry Ellison are among more than 120 wealthy people and families who have announced they will give away their fortunes. The S&P 500 has gained 11 percent over that period. Since Cook became CEO, Apple's stock has more than doubled to create about $370 billion in shareholder wealth.
NEW YORK -- It’s no wonder people come from near and far to hang on every word when Warren Buffett, CEO of Berkshire Hathaway, makes an appearance, as he did today at the Automotive Forum, co-sponsored by the National Automobile Dealers Association and J.D. Power and Associates. He’s just so darn quotable. Buffett and his [...]
NEW YORK (Reuters) - Warren Buffett, the billionaire chief executive officer and chairman of Berkshire Hathaway Inc, said Tuesday that an exit by Greece from the euro zone could be constructive for the region. "If it turns out the Greeks leave, that may not be a bad thing for the euro," Buffett told cable television network CNBC. Show More Summary
Kraft Foods Group Inc, the maker of Velveeta cheese, will merge with ketchup maker H.J. Heinz Co, owned by 3G Capital and Warren Buffett's Berkshire Hathaway Inc, to form North America's third-largest food and beverage company. Kraft's...Show More Summary
DETROIT (Reuters) - Warren Buffett's Berkshire Hathaway Inc wants to purchase more U.S. auto dealerships to expand the company's automotive dealer venture, Larry Van Tuyl, chairman of Berkshire Hathaway Automotive, told CNBC on Tuesday. Show More Summary
OMAHA, Neb. (AP) — Warren Buffett's company has added two small Virginia newspapers to its collection of more than two dozen small and medium-sized newspapers. Berkshire Hathaway Media said Tuesday that it had acquired The Martinsville Bulletin and the Franklin News-Post in Rocky Mount, Virginia, from Haskell Newspapers. Show More Summary
Warren Buffett's Berkshire Hathaway is a big investor in several companies in this industry. Here's one under-the-radar company that's worth noting.
As we know, Heinz and Kraft are merging. Warren Buffett's Berkshire Hathaway and Brazilian private equity firm 3G Capital are behind the merger, which is likely to be one of the biggest M&A deals of the year. So it's kind of awkwardShow More Summary
Charlie Munger, the vice chairman of Berkshire Hathaway and Warren Buffett's right hand man, is not a fan of derivatives. Speaking at the annual meeting of Daily Journal Corporation, a newspaper publisher at which Munger serves as chairman, Munger said, " What do you think a derivatives trading desk is? It’s a casino in drag. Show More Summary
Less than two years in, Berkshire Hathaway's investment in H.J. Heinz has already been very successful.
Kraft Foods Group said it would merge with ketchup maker H.J. Heinz Co, owned by 3G Capital and Warren Buffett's Berkshire Hathaway, to form the third-largest food and beverage company in North America. The combined publicly traded company, which will be called Kraft Heinz, will have eight brands worth over $1 billion each.
Warren Buffett’s Berkshire Hathaway company is a major player in a just-announced merger between Heinz and Kraft that will result in one of the world’s largest food corporations. Berkshire Hathaway and Brazilian investment firm 3G Capital, which already owned Heinz together, will own 51 percent of the new company. Show More Summary
Headlines this morning are dominated by news that H.J. Heinz, which was taken private back in June 2013 by a consortium led by Warren Buffett’s Berkshire Hathaway, is acquiring fellow foods and condiments company Kraft Foods (KRFT). The deal has sent Kraft shares on a rampage. At $81.26, the stock has surged 32.5% in recent [...]
"Our lines are out." In his latest annual letter to shareholders, Berkshire Hathaway CEO Warren Buffett wrote these four words when addressing potential acquisition plans for the company. And on Wednesday, Buffett made good on this statement as H.J. Show More Summary
A Boston-based hedge fund called Adage Capital is a big winner in the Kraft/Heinz mega merger making $50 million over night. On Wednesday morning, Warren Buffett's Berkshire Hathaway and Brazilian private equity firm 3G Capital said H.J. Show More Summary
Berkshire Hathaway set to own over a quarter of merged food behemoth.
3G Capital, the private-equity firm founded by Brazilian billionaire Jorge Paulo Lemann, agreed to acquire Kraft Foods Group (KRFT) in partnership with Warren Buffett’s Berkshire Hathaway and merge it with H.J. Heinz. Kraft shares are up 35% on the news. – Wall Street Journal Investing guru Warren Buffett is making over $4 million on his [...]
Kraft and Heinz are coming together in a massive merger that will create the 5th largest food company in the world. There are two investment firms behind it, Berkshire Hathaway and 3G. Of course you know that Berkshire is helmed by legendary investor Warren Buffett, but 3G you may not be familiar with. Show More Summary
Gene J. Puskar/AP By Sruthi Ramakrishnan Kraft Foods, the maker of Velveeta cheese, will merge with ketchup maker H.J. Heinz Co., owned by 3G Capital and Warren Buffett's Berkshire Hathaway (BRK-A)(BRK-B), to form North America's third-largest...Show More Summary
Warren Buffett's Berkshire Hathaway and the company that owns Heinz, Brazilian investment firm 3G Capital, are behind the deal.