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Berkshire Hathaway Inc

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  • Berkshire Hathaway buys 2 small Virginia newspapers Tuesday, 31 Mar 2015 | 9:58 AM ET

    OMAHA, Neb.— Warren Buffett's company has added two small Virginia newspapers to its collection of more than two dozen small and medium-sized newspapers. Berkshire Hathaway Media Group said Tuesday that it had acquired The Martinsville Bulletin in Martinsville and the Franklin News-Post in Rocky Mount from Haskell Newspapers. Berkshire Hathaway owns 31...

  • OMAHA, Nebraska— BNSF has started taking additional safety measures for crude oil shipments because of four recent high-profile derailments in the U.S. and Canada, the railroad said Monday. The worst of these crude oil derailments happened July 6, 2013, and involved a runaway train that killed 47 people in the town of Lac-Megantic, Quebec, just across the U.S.-...

  • NEW YORK, March 27- The macaroni and ketchup merger of Kraft Foods Group and H.J. Brazilian private equity firm 3 G Capital Partners and Warren Buffett's Berkshire Hathaway announced a $46 billion deal to consolidate the companies Wednesday, one that will create the No. 3 packaged food maker in North America after PepsiCo and Nestle USA.. That should take some...

  • SAN FRANCISCO— Apple CEO Tim Cook is joining a long list of magnates promising to give away most of the wealth that they amass during their careers. Microsoft co-founder Bill Gates, Berkshire Hathaway CEO Warren Buffett and Oracle Chairman Larry Ellison are among more than 120 wealthy people and families who have announced they will give away their fortunes.

  • Correction: Financial Markets story Thursday, 26 Mar 2015 | 12:21 AM ET

    Peter Cardillo works for Rockwell Global Capital, not Avalon Partners. The selling gathered strength in the afternoon, with companies like Avago Technologies and Skyworks Solutions losing the most. Peter Cardillo, chief market economist at Rockwell Global Capital, said the market's fall was driven by big investors selling some of their winnings before the...

  • *Oil up as Saudi Arabia launches military strikes on Yemen rebels. SYDNEY, March 26- Asian share markets were mostly lower on Thursday as tensions in the Middle East and losses on Wall Street soured sentiment, while the dollar's bull run looked to have stalled for the time being. A dearth of economic data in Asia meant the path of least resistance was lower and MSCI's...

  • *Asia under pressure as tech stocks drag on Wall St. *Oil up as Saudi Arabia launches military strikes on Yemen rebels. A dearth of economic data in Asia meant the path of least resistance was lower and MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.5 percent.

  • GLOBAL MARKETS-Asia shares slip as soft US data dims mood Wednesday, 25 Mar 2015 | 7:55 PM ET

    *Asia under pressure as tech stocks drag on Wall St. SYDNEY, March 26- Asian shares slipped on Thursday as losses on Wall Street and soft U.S. economic data soured sentiment, while the dollar's bull run looked to have stalled for the time being. A dearth of economic data in Asia meant the path of least resistance was lower and MSCI's broadest index of Asia-Pacific...

  • Heinz Co, which is controlled by 3 G Capital and Buffett's Berkshire Hathaway. His larder already included everything from Burger King's Triple Whopper burgers, Coca-Cola soft drinks and Tim Horton donuts to See's Candies and Dairy Queen icecream Blizzards, as well as such Heinz brands as Tomato Ketchup, Ore-Ida fries, bagel bites and T.G.I. Friday's...

  • US STOCKS-Wall St drops as biotechs, semis hit Nasdaq Wednesday, 25 Mar 2015 | 4:30 PM ET

    NEW YORK, March 25- U.S. stocks dropped on Wednesday as a slump in technology and biotechs sent the Nasdaq to its biggest decline in nearly a year while the S&P 500 fell through key support levels. The index finished below its 14- day average for the first time since Feb. 11 and its 50- day moving average for the first time since Oct. 17. "We've got a little bit of a reprieve...

  • Heinz Co, backed by Warren Buffett's Berkshire Hathaway Inc and Brazilian private equity firm 3 G Capital, will combine with Kraft Foods Group Inc to create the third-largest North American food company, executives said on Wednesday. The deal deepens Buffett's hold on leading U.S. food brands, as well as that of 3 G founder Jorge Paulo Lemann, Brazil's richest man.

  • US STOCKS-Wall St drops as biotechs, semis stumble Wednesday, 25 Mar 2015 | 2:18 PM ET

    *Kraft, Kofax surge on separate M&A deals. NEW YORK, March 25- U.S. stocks fell on Wednesday, with losses accelerating after short-term technical indicators failed, while recent winners stumbled as investors cashed in towards the end of the quarter after a gauge of industrial orders unexpectedly fell last month. The 50- day is at 2,067, we bounced right off of that, "...

  • Kraft-Heinz cost-cutting impact will be limited Wednesday, 25 Mar 2015 | 1:28 PM ET
    Packages of Kraft Foods' Singles cheese slices are displayed at a supermarket in New York.

    The economic impact of cost cuts expected from the Kraft-Heinz merger announced Wednesday will likely be limited.

  • US STOCKS-Wall St falls as short-term technicals weaken Wednesday, 25 Mar 2015 | 12:51 PM ET

    *Kraft up 42 pct, Kofax adds 46 pct after separate deal news. NEW YORK, March 25- U.S. stocks fell on Wednesday, with losses accelerating after short-term technical indicators failed and after a gauge of industrial orders that unexpectedly fell last month. "The S&P was trying to hold just below 2,090 but failed; maybe it's not much more than technical levels traders...

  • Buffett bonanza? Heinz and Kraft to merge Wednesday, 25 Mar 2015 | 12:39 PM ET
    Heinz and Kraft Foods to merge.

    Kraft Foods Group stock surges after the company announced a merger deal with H.J. Heinz.

  • Heinz Co, owned by 3 G Capital and Warren Buffett's Berkshire Hathaway Inc, is buying a majority stake in Kraft Foods Group Inc to create the third-largest North American food company, executives said on Wednesday. Company Annual sales Brands PepsiCo Inc $37.2 bln Pepsi, Lays, Tropicana,. *Reuters calculations based on data from annual report All figures for...

  • What the Kraft-Heinz deal means for food mergers Wednesday, 25 Mar 2015 | 12:01 PM ET
    Kraft Macaroni & Cheese and Heinz Tomato Ketchup

    The merger of Kraft and Heinz could pave the way for future food mergers, but dealmaking will likely dip in the near term, analysts tell CNBC.

  • US STOCKS-Wall St off in choppy trading after soft data Wednesday, 25 Mar 2015 | 11:30 AM ET

    *Kraft up 42 pct, Kofax adds 46 pct after separate deal news. NEW YORK, March 25- U.S. stocks fell in choppy, tight-range trading on Wednesday, with indexes reacting to moves in currency markets and to a gauge of industrial orders that unexpectedly fell last month. "The dollar strength can sap earnings growth, but if you continue to see soft economic data here, a...

  • Warren Buffett uses 'Civil War' analogy on the euro Wednesday, 25 Mar 2015 | 11:21 AM ET
    Warren Buffett

    Billionaire investor Warren Buffett tells CNBC the "odds are good" the euro will continue to exist, but it may need modifications.

  • Heinz Co, owned by 3 G Capital and Warren Buffett's Berkshire Hathaway Inc, is acquiring a majority stake in Kraft Foods Group Inc to create the third-largest North American food company, executives said on Wednesday. Shares of Kraft were up more than 38 percent near $85 in morning trading. The deal would provide Heinz with access to Kraft brands, which it says are...