*Rail workers to go on strike from 6 pm. FRANKFURT/ BERLIN, Sept 1- German rail workers' union GDL called a three-hour strike on Monday that will hit passenger and freight traffic across the country as it seeks to raise pressure on rail operator Deutsche Bahn in a pay dispute.» Read More
"So when I slip it into gear, is that when you start screaming?" It's a question I ask Jake the engineer with a smile on my face, just before I start this behemoth of American muscle rolling down the tracks. "Flip the lever sideways,'" he says. "Blow the horn."
Warren Buffett's Berkshire Hathaway raises its Burlington Northern Santa Fe stake by exercising 7.8 million options to buy stock.
Warren Buffett's Berkshire Hathaway holding company has bought some more call options on Burlington Northern Santa Fe, but not nearly as many as revealed in another filing earlier this month.
WBW has been reporting extensively on Warren Buffett's repeated purchases of Burlington Northern stock. Today there are a couple of pieces on the web exploring what makes Burlington and the railroads attractive.
It's becoming increasingly apparent that Warren Buffett is in the process of putting a big bet on the Burlington Northern freight railroad. In an SEC filing late tonight, Warren Buffett's Berkshire Hathaway indicates it plans to raise its stake to 17% and it has told Burlington its stake could hit 25%.
Warren Buffett's Burlington Northern has bought more shares in the freight railroad Burlington Northern, the fourth round of buying this month.
For the third time this month, Warren Buffett's Berkshire Hathaway holding company has reported boosting its stake in the freight railroad Burlington Northern, more evidence that Mr. Buffett sees the stock as undervalued. And this third round of purchases is much bigger than the previous two.
Warren Buffett's Berkshire Hathaway has just revealed its portfolio holdings for the second quarter. New additions: Bank of America and Dow Jones, plus increased stakes in some healthcare names.
In a filing with the SEC late today (Friday) reported first by CNBC, Berkshire Hathaway reveals that as the stock price of Burlington Northern fell in recent days, Warren Buffett was adding to his stake in the freight railroad. PLUS More on how Buffett is keeping his 'neutrality' as the great Hillary-Obama battle warms up.
Burlington Northern and two other rail stocks owned by Warren Buffett rallied strongly today (Monday) after another vote of confidence from Mr. Buffett. As we first reported late Friday, Warren Buffett appears to remain bullish on Burlington. His Berkshire Hathaway holding company revealed in an SEC filing that it bought another 1.4 million shares last week at $76.50 and $78.96.
Warren Buffett's Berkshire Hathaway further increased his stake in Burlington Northern Santa Fe to about 42.05 million shares, according to U.S. regulatory filing on Friday.
Burlington Northern shares are picking up speed on Wall Street, after Warren Buffett added to his bet on the railroad. Buffett's apparent optimism on the rails gives Fast Money's Guy Adami an idea. PLUS: Why Geico's Gecko may be going back to Massachusetts.
The huge market swings yesterday--including a 200 point rebound in the Dow during the last half hour--may have had some traders chugging Maalox. But others thrive on the roller-coaster ride. Don't look for the big ups and downs to stop anytime soon.
U.S. railroad Burlington Northern Santa Fe said on Tuesday that quarterly net profit fell as a result of higher fuel expenses.
Union Pacific, the biggest U.S. railroad, reported a better-than-expected rise in profit Thursday due to improved efficiency and strong pricing despite slower U.S. economic growth and bad weather.
Amid the roaring bull market, three big investors disclose details of some big trades within their huge portfolios.
Railroad company Norfolk Southern reported a lower quarterly profit citing softness in the U.S. economy, in particular the housing and automotive sectors, but beat analysts' forecasts.
Just because the rails business has already enjoyed a good run doesn’t mean you still can’t make some money. Here is Cramer’s second pick for playing the sector.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
There’s more than one way to profit from a stock cycle. With the railroads on the rise, Cramer thinks there’s no time like the present to show you how.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Warren Buffett isn’t the only one interested in railroads. Activist shareholders are eyeing railroad operator CSX, which could be contributing to Wednesday’s surge in the stock, CNBC’s David Faber reported.