Mario Gabelli said the partnership of activist investor Bill Ackman and Valeant Pharmaceuticals to try to buy Allergan was unfair.» Read More
Warren Buffett's Berkshire Hathaway Inc on Friday said second-quarter profit soared 41 percent to a record high.
Aug 1- Warren Buffett's Berkshire Hathaway Inc on Friday said second-quarter profit soared 41 percent, reflecting a substantial increase in investment gains and improved results in manufacturing, service and retail businesses. Net income rose to $6.4 billion, or $3,889 per Class A share, from $4.54 billion, or $2,763 per share, a year earlier.
July 24- Union Pacific Corp, the largest publicly traded U.S. railroad, reported a 17 percent rise in quarterly profit, mainly due to higher shipments of agricultural products and coal. Coal is Union Pacific's largest cargo in terms of volumes. Union Pacific has benefited from a rise in grain shipments meant for export to Mexico and China.
July 15- Warren Buffett this week donated $2.8 billion of Berkshire Hathaway Inc stock to five charities, as part of the billionaire's plan to give away nearly all of his wealth. About 16.6 million shares, worth more than $2.1 billion, went to the Bill and Melinda Gates Foundation, which focuses on education, health and poverty problems.
CHICAGO, July 11- U.S. farmland values have remained strong this summer despite falling crop prices, but that could change heading into the busy annual auction season at year's end, auctioneers say. "I'm surprised how strong land values have been," said Randy Hertz of Hertz Farm Management in Nevada, Iowa.
July 1- U.S. apartment vacancy rate was unchanged in the second quarter, while new construction rebounded as weather improved, real estate research firm Reis Inc said in a report released on Tuesday.
NEW DELHI- Indian-born economist Arvind Panagariya, who is widely expected to take a top advisory role in prime minister-elect Narendra Modi's government, wants its first budget to boost capital spending even at the risk of a higher fiscal deficit. Bank of England's Bean says may be case for earlier rate hikes- BBC.
NEW YORK, May 25- Far be it from us to offer tips to Warren Buffett, the most celebrated stock picker of his age, but here goes:.
Odds are you guessed Florida, or maybe Arizona- two sunny states that have long been popular with the senior set. Lois O'Grady lives in Vermillion, South Dakota. But the region has another thing going for it: South Dakota was recently named the best state to retire in the nation, handily defeating retiree hot spots like Florida.
Beyond serious investing talk, the Berkshire Hathaway shareholders' meeting is a weekend of fun for investors and Warren Buffett fans alike.
About 38,000 people flocked to the shareholder meeting in Omaha this weekend. Here's a highlight of top brands Berkshire Hathaway owns.
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..
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.
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.
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.
OMAHA, Nebraska, May 1- A ho-hum stock market so far this year may be just what Berkshire Hathaway shareholders needed.
April 30- Berkshire Hathaway Inc's energy unit has changed its name to Berkshire Hathaway Energy from MidAmerican Energy Holdings Co, the largest of a growing list of businesses to adopt the name of the company run by billionaire Warren Buffett.