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July 25, 2008 11:02:51 PM CDT


Stories related to: Oracle of Omaha

Stories

4 Stories

  • May 2008
    • Thousands Line Up for Buffett's So-So News

      Thousands Line Up for Buffett's So-So News

      Thousands of stockholders descended on Omaha for today's annual Berkshire Hathaway meeting, but what they heard didn't send Blackberries abuzz, the Wall Street Journal reports. Warren Buffett said his iconic company won’t be pulling in double-digit returns anymore. “Anyone that expects us to come close to replicating the past should sell their stock,” he said. “It's not going to happen.” More »

      Tags

      shareholders   Warren Buffett   quarterly earnings   Omaha   Oracle of Omaha

    • Buffett Poised to Clean Up in Bear Market

      Buffett Poised to Clean Up in Bear Market

      As the US teeters on the brink of recession and most investors remain sidelined by the credit crunch, Warren Buffett is poised to spend more than $40 billion to scoop up bargains. Berkshire Hathaway rose 22% over the last 12 months while other stocks sputtered, and now, Bloomberg reports, the company is one of the few with the cash on hand to profit from a bear market. More »

      Tags

      recession   credit crisis   Warren Buffett   Berkshire Hathaway   bear market   Oracle of Omaha

  • February 2008
  • January 2008
    • Fraud Trial May Put Buffett on Stand

      Fraud Trial May Put Buffett on Stand

      A criminal trial involving four ex-employees of billionaire Warren Buffett is likely to offer a rare—and unwelcome—glimpse into the inner workings of the “Oracle of Omaha,” the Wall Street Journal reports. Buffett isn’t charged in the case—to begin Monday—involving Berkshire Hathaway reinsurance unit General Re Corp. and AIG, but testimony could allege he knew about the deal. More »

      Tags

      fraud   Warren Buffett   AIG   Berkshire Hathaway   Oracle of Omaha   General Re Corp

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