Back-up offers are still being accepted Courtesy of Andrea Cope & Shelli Broder/Berkshire Hathaway Built in 1960 and inspired by Versailles' Garden Pavilion and the Petit Trianon, this elaborately embellished mansion next to the exclusive, members-only Wilshire Country Club was on the market less than three weeks before entering escrow. Show More Summary
Net profit at BYD, the Chinese auto and battery maker about 8% owned by Warren Buffett’s Berkshire Hathaway, soared by 384% to 2.3 billion yuan, or $348 million, in the six months of the year as the company benefitted from government incentives for the purchase of new energy vehicles. Sales of [...]
NetJets is trying to have the case tossed out. The private business jet company NetJets, which is a subsidiary of Warren Buffett's Berkshire Hathaway, is pushing for an Ohio judge to toss out a pilot union's lawsuit. The 2014 complaint,...Show More Summary
BEIJING (Reuters) - Chinese automaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, on Sunday predicted an up to 91-percent profit increase in the first nine months of the year, as government policies drive green car sales. Show More Summary
Berkshire Hathaway now owns about 79.5 million shares of Phillips 66, which represents 15.2 percent of the company's stock
In January, Berkshire Hathaway HomeServices released its 2015 Q4 Homeowner Sentiment Survey, which painted a somewhat grim picture for 2016. According to the Q4 survey, the Fed interest rate hike had both existing and prospective homebuyers worried. Millennials and Gen-Xers were especially perturbed by the hike of interest rates they already deemed "average" or "high."...
SUN VALLEY, ID - JULY 6: (L to R) Maria 'Mel' Lagomasino, chief executive officer of financial advisory firm WE Family Offices, Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., and Susan Alice Buffett, philanthropist and daughter of Warren Buffett, speak with each other as they attend [...]
At the end of the Berkshire Hathaway Shareholders Meeting, Warren Buffett was asked by a CNBC correspondent what he saw as the biggest threat to the company's future. He replied "CNBC is the greatest threat to Berkshire -- that is, a...Show More Summary
By Sam Forgione NEW YORK (Reuters) - Top U.S. investors such as Berkshire Hathaway and Paulson & Co slashed some energy investments in the second quarter amid strong gains in crude and natural gas prices, while also appearing optimistic by maintaining or placing new bets on the sector, regulatory filings showed on Friday and Monday. Show More Summary
Aetna to stop offering health plans through Obamacare exchanges in 11 states; Berkshire Hathaway gorges on Apple shares; and VW may face federal criminal charges in "dieselgate" scandal. These headlines and more from CBS MoneyWatch.
A quick look at the 13F filings for some of the big hedge fund titans and market gurus revealed a few things. While Warren Buffett's Berkshire Hathaway (BRK.A) sweetened its stake in Apple (AAPL), not everyone is buying the tech titan. Show More Summary
After buying $1.07 billion of Apple stock in March, Berkshire Hathaway has boosted its total stake in the company to $1.46 billion, Reuters reports. Regulatory filings from the Omaha, Nebraska-based conglomerate showed the company had...Show More Summary
One-time AAPL skeptic Warren Buffett appears to now be strongly invested in the company’s future. Just three months after it was discovered that his conglomerate Berkshire Hathaway had purchased more than a billion dollars worth of AAPL...Show More Summary
(Reuters) - Warren Buffett's Berkshire Hathaway Inc on Monday said it has increased its stake in Apple Inc by 55 percent, boosting its bet on the iPhone and iPod maker even as other prominent investors reduce their own. Berkshire owned...Show More Summary
Warren Buffett's Berkshire Hathaway took advantage of a dip in Apple's share price during the second quarter, increasing its stake in the company to $1.46 billion as of June 30.
Warren Buffett's Berkshire Hathaway (BRK.A) upped its bullish bet on Apple (AAPL) in the second quarter, but slashed its stake in retail giant Wal-Mart Stories (WMT). The firm also added to its stake in American Express (AXP).
Warren Buffett's Berkshire Hathaway has dramatically upped his stake in "no brainer" AAPL in the last quarter... as Soros, Icahn, Tepper, Cooperman, and Einhorn dump stakes. Berkshire held 15.2 million shares the company as of June 30, according to a regulatory filing Monday from the billionaire’s Omaha, Nebraska-based company. Show More Summary
Berkshire Hathaway bought Apple and Walmart shares in the second quarter, according to its latest 13-F filing. The regulatory filing showed that the company bought 5.42 million Apple shares to bring its tally to 15.2 million, valuing...Show More Summary
After the stock market close last Friday, Warren Buffett'sBerkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) reported its second-quarter results. Overview Berkshire ended June with $72.7 billion in cash, up marginally from the start of the year. While cash generation has been strong through the first six months of the year (roughly 10% growth in cash flow [...]
This didn't exactly make the news, but in July, Fidelity Investments walked out of meeting on good corporate governance with financial chieftains, including Berkshire Hathaway's Warren Buffett, BlackRock's Larry Fink, and JPMorgan Chase's...Show More Summary