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Buffett tells CNBC he backs the Keystone Pipeline even though it would take away some business from his Berkshire Hathaway rail subsidiary BNSF.
Some of the names on the move ahead of the open.
In his annual letter to shareholders, Warren Buffett said bonds he decided to purchase produced a loss of almost $1 billion.
Even a $34.2 billion increase in Berkshire Hathaway's net worth wasn't enough to beat the soaring stock market last year
NEW YORK, March 1- Berkshire Hathaway released its annual letter to shareholders on Saturday, written with Chief Executive Warren Buffett's usual combination of common-sense advice and belief in the power of investing. Following are highlights of the letter.
NEW YORK, March 1- Warren Buffett's Berkshire Hathaway Inc on Saturday signaled he plans to make more large acquisitions to expand a conglomerate that posted a record profit in 2013, helped by a recovering U.S. economy.
NEW YORK, March 1- Warren Buffett's conglomerate Berkshire Hathaway posted a record profit in 2013, jumping 31 percent over the previous year, the company said in its annual report, released on Saturday. Net income rose to $4.99 billion in the fourth quarter, or $3,035 per Class A share, from $4.55 billion, or $2,757 per share, a year earlier.
NEW YORK, Feb 28- A five-year bull market may have finally outdueled one of the U.S. stock market's biggest bulls, and Warren Buffett will probably tell investors on Saturday that his 43- year run of beating the Street has come to an end.
U.S. stock index futures pointed to a lower open on Friday, ahead of the official second estimate of fourth quarter 2013 economic growth.
Everyone knows Warren Buffett, but there are three other people making major decisions at Berkshire Hathaway who had kept a low profile. Until now.
Warren Buffett is offering some basic instinct advice about investing.
Warren Buffett's Berkshire Hathaway now owns about 17.7 percent of DaVita HealthCare after buying another 1.1 million shares.
Bank of America said federal investigators are looking into whether the bank violated requirements of a U.S. government housing program.
Feb 25- Bank of America Corp may have a new mortgage problem on its plate, saying on Tuesday that federal investigators are looking into whether the bank violated requirements of a U.S. government housing program.
Feb 25- Rapid growth in moving oil by train in the United States, coupled with a spate of fiery crashes and derailments, has prompted U.S. regulators and railroads to consider new safety measures this year.
LONDON, Feb 25- U.S. railroad operators have agreed new safety procedures to reduce the number of fiery derailments involving crude-carrying trains and cut the risk of a catastrophic explosion in a densely populated urban centre.
Warren Buffett says if you want to make money from the stock market you should look at how he made money with two small real estate investments.
NEW YORK, Feb 20- Berkshire Hathaway's Business Wire will no longer sell potentially market-moving press releases directly to high frequency-trading companies, after months of discussion with the New York State attorney general's office, a source familiar with the matter said on Thursday.
Business Wire said that a Wall Street Journal article "may have caused some misperceptions, and that was of deep concern to us."
HOUSTON/ NEW YORK, Feb 20- BNSF Railway Co plans to move into tank car ownership and buy its own fleet of up to 5,000 new crude oil tank cars with safety features that exceed the latest industry standards, the unit of investor Warren Buffett's Berkshire Hathaway Inc said on Thursday.