Warren Buffett's annual gift to the Gates Foundation is worth a record $2.1 billion this year, up from $2.0 billion last year.» Read More
Happy Monday and welcome to the Cinco de Mayo version of the Morning Six-Pack.
Warren Buffett, his longtime business partner Charlie Munger, and Bill Gates are no fans of high-frequency trading.
Asked about what drew them together, Berkshire Hathaway's Charlie Munger said he and Warren Buffett are both "natural wiseasses."
Warren Buffett also told CNBC he didn't want to "go to war" with Coca-Cola, despite its "excessive" pay plan.
NEW YORK, May 4- With U.S. stocks near record highs and Treasury bond yields near multi-month lows, the disconnect between equity and debt investors has rarely been as stark. Over the coming months, the economy is likely to show one of the groups has bet wrong.
While most of them rightfully boast accomplishments and gains, some CEOs took the opportunity this year to shine a light on the not-so-great events of the past year.
Berkshire's leader spoke to CNBC after telling shareholders some CEOs are "operating outside of their circles of competencies."
May 3- Warren Buffett on Saturday said Berkshire Hathaway Inc would team up again with 3 G Capital on more transactions, perhaps very large ones, despite criticism of the Brazilian investment firm's decision to cut thousands of jobs at HJ Heinz& Co..
Warren Buffett told shareholders he didn't want to "go to war" with Coca-Cola and explained why he thinks revealing executive pay hurts shareholders.
OMAHA, Neb., May 3- Warren Buffett on Saturday defended his recent controversial vote on executive pay at Coca-Cola Co and disappointing performance at railroad BNSF as investors grilled him on his Berkshire Hathaway Inc conglomerate at its annual shareholder meeting.
OMAHA, May 3- Warren Buffett, chairman of conglomerate Berkshire Hathaway, on Saturday said that railroad BNSF will spend to improve its operations but is not planning to acquire any other businesses.
May 3- Warren Buffett on Saturday said Berkshire Hathaway Inc would team up again with 3 G Capital on more transactions, perhaps very large ones, despite criticism of the Brazilian firm's slashing of too many jobs at HJ Heinz& Co.. "I think 3 G does a magnificent job of running businesses," Buffett said at Berkshire's annual meeting.
NEW YORK, May 3- When American investor Warren Buffett addresses Berkshire Hathaway's shareholders at the conglomerate's annual meeting on Saturday, he is sure to laud the impressive growth of BNSF Railroad, his company's largest-ever acquisition.
OMAHA, Neb., May 2- Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly profit declined 4 percent, falling short of analyst forecasts, as earnings from insurance underwriting declined and bad weather disrupted shipping at its BNSF Railway unit.
OMAHA, Neb., May 2- Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly profit declined 4 percent, falling short of analyst forecasts, as earnings from insurance underwriting declined and bad weather hurt results at its BNSF Railway unit.
Operating earnings at Warren Buffett's Berkshire Hathaway fell in the first quarter, coming in below analysts' forecasts.
OMAHA, Neb., May 2- Warren Buffett's Berkshire Hathaway Inc is expected to attract about 38,000 people to Omaha, Nebraska this weekend for its annual shareholder weekend, including its annual meeting.
OMAHA, Neb., May 2- Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly profit fell 4 percent, as earnings from its insurance underwriting operations declined. Net income fell to $4.71 billion, or $2,862 per Class A share, from $4.89 billion, or $2,977, a year earlier.
Meyer Shields at KBW thinks he was "excluded" from asking questions at Berkshire's annual meeting due to his "occasionally critical analysis."
May 2- A major proxy advisory firm recommended shareholders vote against Goldman Sachs Group Inc's executive compensation plan and added that Morgan Stanley was also paying its top staff too much.