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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Berkshire Hathaway

Berkshire Hathaway stories: 34 news summaries

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 Buffett: 
 'Financial 
 Panic Is 
 Behind Us' 

He sounds optimistic note at Columbia University forum

Nov 12, 09 9:14 PM CST
(Newser) - Warren Buffett says the worst is over. "The financial panic is behind us," he declared at Columbia University. The Berkshire Hathaway chief acknowledged that the US economy "still is sputtering some," but he sounded a bullish note on investment opportunities around the globe. While he gave... More »

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Warren Buffett • recession • Berkshire Hathaway • panic • financial crisis

 Berkshire May Join S&P 500 

Burlington Northern acquisition puts Buffett in index's sights

Nov 6, 09 10:34 AM CST
(Newser) - Could Warren Buffett finally be headed to the S&P 500? For years, Berkshire Hathaway’s stock—both the A shares and the so-called “Baby Berkshire” B shares—have been too expensive for the index, at $101,000 and $3,380 each, respectively. But now that Berkshire has acquired... More »

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Warren Buffett • Barron's • Berkshire Hathaway • S&P 500 • stock index

ANALYSIS

Buffett's Railroad Buy
Is a (Smart) Bet on Coal

Growth in US economy will boost electricity demand

Nov 3, 09 5:56 PM CST
(Newser) - Berkshire Hathaway’s acquisition of railroad operator Burlington North Santa Fe is really a "huge bet" by Warren Buffett on the coal industry, writes Steve Gelsi . Burlington hauls more coal than anything else, and the material accounted for a quarter of its third-quarter revenue. Buffett already is heavily invested... More »

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coal • Warren Buffett • electricity • Berkshire Hathaway • railroad • Burlington Northern Santa Fe

Buffett Bets on Recovery, Buys Burlington for $26B

Deal will be Berkshire Hathaway's largest ever

Nov 3, 09 8:41 AM CST
(Newser) - Berkshire Hathaway has agreed to buy up the 77.4% of railroad operator Burlington Northern Santa Fe it didn’t already own for $26 billion, in what would be Warren Buffett’s largest acquisition ever. “It’s an all-in wager on the economic future of the United States,”... More »

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Warren Buffett • mergers and acquisitions • acquisition • Berkshire Hathaway • railroad • Oracle of Omaha • Burlington Northern Santa Fe

INTERVIEW

Buffett: 'We
Are Not Out of Problems Yet'

Investor looks to
clean up on crisis, but
is moving out of stocks

Sep 8, 09 6:38 AM CDT
(Newser) - Even Warren Buffett had a bad financial crisis: The Omaha sage personally lost $25 billion in 2008, enough to put him behind Bill Gates on the worldwide rich list. But while many investors hunkered down as markets tanked, Buffett recalibrated, pouring billions into companies—Goldman Sachs, GE, BofA, Amex—that... More »

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stock market • Goldman Sachs • Warren Buffett • General Electric • American Express • investment • Berkshire Hathaway • investor

(Newser) - So how do you replace an oracle? By splitting the job into pieces. Warren Buffett told a record gathering of 35,000 Berkshire Hathaway shareholders that he's got three internal candidates who could easily replace him as chief executive, the Financial Times reports. The 78-year-old also has four candidates to... More »

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Warren Buffett • Berkshire Hathaway • succession

(Newser) - Warren Buffett told Berkshire Hathaway shareholders today that the company's first-quarter earnings will fall to $1.7 billion from $1.9 billion last year, reports Bloomberg. At the annual meeting, Buffett said the recession “significantly to drastically affected” the company's bottom line. Full earnings details will be released Friday. More »

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Warren Buffett • corporate earnings • Berkshire Hathaway

(AP) - Warren Buffett said today the US government is taking the correct actions to help the economy recover. "The government is doing the right things," Buffett said before the opening of Berkshire Hathaway's annual shareholder meeting. "They're acting in a countercyclical manner." But he said he can't... More »

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Warren Buffett • shareholders • recession • US government • Berkshire Hathaway • Oracle of Omaha • Obama administration

 Financial 'Pearl Harbor' 
 Is Past, Says Buffett 

Oracle confident as he prepares to be buffeted by shareholders

May 1, 09 2:05 PM CDT
(Newser) - The Oracle of Omaha still sees tough times ahead for the US economy, but he says he thinks the worst is in the past, CNCBC reports. “We’re at a war now to some degree, but Pearl Harbor was September,” Warren Buffett says. “There was a strike... More »

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investors • Warren Buffett • shareholders • recession • Berkshire Hathaway • investment fund • Oracle of Omaha • economic downturn • economic crisis

 Moody's Downgrades Buffett 


Apr 8, 09 9:31 PM CDT
(Newser) - Warren Buffett's oracle aura took another hit today. Moody's downgraded his Berkshire Hathaway from its top Aaa rating to Aa2, citing "a severe decline in equity markets," the Wall Street Journal reports. The move follows a similar move by Fitch Ratings last month for Berkshire, whose shares are... More »

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Warren Buffett • Berkshire Hathaway • Moody's • bond ratings

 Economy Has 'Fallen 
 Off a Cliff': Buffett 

Billionaire investor sees recovery on far horizon, warns of inflation

Mar 9, 09 8:25 AM CDT
(Newser) - Warren Buffett said today the US economy has “fallen off a cliff,” but guaranteed that 5 years from now “the machine will be running fine.” On CNBC, Buffett encouraged banks to “get back to banking,” saying they will have to earn their way out... More »

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inflation • Warren Buffett • Berkshire Hathaway • Oracle of Omaha • economy • financial crisis

 Buffett Has Worst Year Ever 


Feb 28, 09 10:11 AM CST
(Newser) - Not even legendary investors can escape this mess. Warren Buffett’s Berkshire Hathaway posted its worst year ever in 2008, the Wall Street Journal reports. A key indicator, book value per share, fell 9.6%, only the second loss since Buffett took control of the company in 1965. Berkshire... More »

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Warren Buffett • shareholders • profits • Omaha • investments • recession • Berkshire Hathaway • quarterly reports • insurance industry

Buffett Loans Billions to
Swiss Re

Insurance giant turns
to Omaha after heavy annual loss

Feb 5, 09 8:31 AM CST
(Newser) - Insurance giant Swiss Re has reported an annual loss of $860 million and will turn to Warren Buffett to retain its investment-grade rating, the Financial Times reports. The company will raise $2.58 billion, of which more than half will come from Berkshire Hathaway—leaving Buffett with more than 20%... More »

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Warren Buffett • insurance • Berkshire Hathaway • financial crisis • Swiss Re

Told-On Buffett Cools Toward Tell-All Author

Billionaire not thrilled with messy details of warts-and-all bio

Feb 4, 09 10:08 AM CST
(Newser) - Billionaire Warren Buffett has canceled his annual public tête-à-tête with his biographer after the book they collaborated on left him with mixed feelings, reports the New York Times. For the past decade, the Oracle of Omaha has submitted to questions from Alice Schroeder during a huge dinner... More »

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Warren Buffett • biography • Berkshire Hathaway • Alice Schroeder • Astrid Buffett • Susan Buffett

Brutal Market
Doesn't
Spare Buffett

Berkshire Hathaway takes biggest
dive in decades

Nov 20, 08 3:53 AM CST
(Newser) - The "Oracle of Omaha" is proving even he's not immune from market blows, reports Bloomberg. Warren Buffet's Berkshire Hathaway took a 12% nosedive yesterday, its biggest one-day fall since 1987's Black Monday. The conglomerate is down 41% for the year and has been dropping steadily for eight days after... More »

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investing • Warren Buffett • investment • Berkshire Hathaway • Oracle of Omaha • share price • credit default swap

Market Meltdown Reshapes Forbes Rich List

Buffett bumps Gates
in redrawn rankings
of world's wealthiest

Oct 10, 08 12:15 PM CDT
(Newser) - The mortgage meltdown has certainly hit middle-class Americans hard but hasn't spared the uber-wealthy, Bloomberg reports. Las Vegas Sands CEO Sheldon Adelson’s net worth shed $4 billion between Aug. 29 and Oct. 1, for instance, while Warren Buffett overtook Bill Gates, whose net worth declined $1.5 billion, as... More »

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Google • stock market • Microsoft • Dell • Bill Gates • Larry Page • Sergey Brin • Forbes 400 • Carl Icahn • Warren Buffett • Larry Ellison • Oracle • Michael Dell • billionaire • Berkshire Hathaway • Las Vegas Sands Corp. • Oracle of Omaha • Sheldon Adelson • Charles Ergen

Buffett Gains
Big Say on Nuclear Power

New deal gives longtime skeptic clout about industry's future

Sep 26, 08 12:28 PM CDT
(Newser) - Warren Buffett’s $4.7 billion agreement to rescue Constellation Energy Group this week netted the billionaire investor more than just a utility. Buffett now will have a big say in the future of nuclear power in the US, the Wall Street Journal reports. He has long been skeptical of... More »

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nuclear power • Warren Buffett • Berkshire Hathaway • nuclear facilities • nuclear power plant • energy policy

Goldman Raises $10B After Buffett's Buy-in

New stock offering
nets twice as much
as bank expected

Sep 24, 08 11:01 AM CDT
(Newser) - Where Warren Buffett goes, investors follow. Goldman’s new stock offering pulled in $5 billion this morning, twice the $2.5 billion the firm expected, as investors followed Buffett’s lead, Bloomberg reports. That extra money, combined with Buffett’s $5 billion investment, “should quickly end credit-market debate about... More »

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Goldman Sachs • Warren Buffett • capital • Berkshire Hathaway • stock offering

(Newser) - Warren Buffett is betting $5 billion on the future of Goldman Sachs, the Financial Times reports. The move by one of the world's savviest investors is one of the biggest signs of confidence in the financial system since the current turmoil began, the Wall Street Journal notes. Goldman, which this... More »

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Goldman Sachs • Warren Buffett • Berkshire Hathaway

Buffett Strikes as Investors Flee; Buys Energy Firm

In his first move of the current market crisis, the Oracle collects more energy

Sep 19, 08 10:01 AM CDT
(Newser) - Warren Buffett swooped in yesterday with one of his patented moves, his first during the current market turmoil. He purchased Constellation Energy Group, Baltimore’s large hometown energy supplier, after its stock plummeted by 60 percent since Monday, the Sun reports. As investors fled the company, Buffett saw opportunity, adding... More »

MORE ABOUT:
Warren Buffett • energy industry • Berkshire Hathaway • energy markets • Oracle of Omaha • Constellation Energy Group

1 - 20 of 34 Stories | 1 2 Next >>


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