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Berkshire Hathaway Inc

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  • Early Movers: WMT, KSS, PG, DWA, HAS & more Thursday, 13 Nov 2014 | 8:05 AM ET
    A trader works the floor of the NYSE.

    Some of the names on the move ahead of the open.

  • Berkshire buying Duracell from P&G in $3B deal Thursday, 13 Nov 2014 | 7:53 AM ET

    OMAHA, Neb.— Buying Duracell will provide a short-term charge for Warren Buffett's company, but the battery maker could eventually wind up being a drain on Berkshire Hathaway Inc. as consumers increasingly rely on rechargeable batteries. Duracell is being sold for roughly $3 billion because Procter& Gamble Co. doesn't consider it one of its top-performing...

  • Berkshire Hathaway to acquire P&G's Duracell Thursday, 13 Nov 2014 | 7:51 AM ET

    Nov 13- Berkshire Hathaway Inc said it would acquire Procter& Gamble Co's Duracell battery business. Berkshire said Procter& Gamble will receive P&G shares worth about $4.7 billion currently held by Berkshire. P&G said it would contribute about $1.8 billion in cash to recapitalize Duracell before the transaction.

  • US stocks close higher as Dow Jones hits record Thursday, 13 Nov 2014 | 4:54 AM ET

    NEW YORK— Stocks wavered between small gains and losses on Thursday to close little changed as traders weighed generally strong earnings reports against the falling fortunes of energy companies. Indexes rose from the opening of trading following encouraging quarterly results from Wal-Mart Stores and the media giant Viacom, then flitted up and down most of...

  • US-China smackdown: America No.1 in wind power Tuesday, 11 Nov 2014 | 11:03 AM ET
    Giant wind turbines are powered by strong prevailing winds near Palm Springs, California.

    A report reveals the U.S. has more wind powering its grid than any other country. That lead may fade due to expiring federal tax credits.

  • Warren Buffett's 9 rules for running a business Tuesday, 11 Nov 2014 | 7:24 AM ET
    Warren Buffett

    Warren Buffett is known as a wealthy investor. But he's also a skilled businessperson. Here are some of the keys to his success.

  • More transparency, more pay for CEOs Tuesday, 11 Nov 2014 | 12:00 AM ET

    As compensation consultants have become more popular in determining pay, chief executives’ paychecks have actually grown. The NYT reports.

  • NEW YORK, Nov 10- The Dow and S&P 500 extended their run of record high closes for a fourth session on Monday, led by transportation and healthcare shares. Union Pacific rose 1.8 percent to $120.90, among the top gainers on the S&P 500, while JetBlue jumped 4.2 percent to $13.09. Results late Friday from Berkshire Hathaway showed profit from the BNSF railroad rose...

  • NEW YORK, Nov 10- U.S. stocks rose slightly in late afternoon on Monday, lifting the Dow and S&P 500 to intraday highs after the indexes advanced for a third straight week, helped by transportation shares. Union Pacific was up 1.8 percent and among the top gainers on the S&P 500, while shares of JetBlue jumped 3.4 percent. Results late Friday from Berkshire Hathaway...

  • NEW YORK, Nov 10- U.S. stocks edged higher in afternoon trading on Monday, lifting the Dow and S&P 500 to intraday highs after the indexes advanced for a third straight week, helped by railroad shares. The Dow Jones transportation average was up 1 percent, also hitting another intraday record high, led by gains in railroad shares including Union Pacific, which was up...

  • Early Movers: RIG, GOGO, PFE, GM, TWX & more Monday, 10 Nov 2014 | 7:53 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • BUSINESS-NEWS-SCHEDULE AT 2130 GMT / 4:30 PM ET Sunday, 9 Nov 2014 | 4:51 PM ET

    BEIJING- The risks faced by China's economy are not that scary and the government is confident it can head off the dangers, President Xi Jinping tells global business leaders in an effort to dispel worries about the world's second-largest economy. As Obama visits Asia, old alliances face new strains in face of China's influence. WASHINGTON/ JAKARTA- As President...

  • NEW YORK, Nov 7- Warren Buffett's Berkshire Hathaway Inc on Friday said third-quarter profit fell 9 percent as it took a large writeoff on one of its investments, but operating results easily topped forecasts amid improvement in its insurance, energy and railroad operations. Net income slipped to $4.62 billion, or $2,811 per Class A share in the third quarter,...

  • NEW YORK, Nov 7- Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly profit fell 8.6 percent from the year-ago period, as it posted a loss on investments and derivatives from a year-earlier gain. Net income slipped to $4.617 billion, or $2,811 per Class A share in the third quarter, from $5.05 billion, or $3,074 per Class A share, a year earlier.

  • Rich get richer: Berkshire Hathaway profit boosted Friday, 7 Nov 2014 | 5:00 PM ET
    Warren Buffett

    Berkshire Hathaway posted third-quarter earnings of $2,876 per share, topping estimates for $2,594 per share.

  • US stock futures turn lower after payrolls report Friday, 7 Nov 2014 | 8:59 AM ET

    Nonfarm payrolls will be the big event on Wall Street on Friday, with stock index futures ticking higher in anticipation.

  • *Many Chinese firms fare badly: Transparency International. BERLIN, Nov 5- The world's biggest companies disclose little or no financial details about their operations abroad, according to a report by Transparency International, which singled out Chinese companies but pointed to U.S. tech giants like Amazon and Google as well. The Berlin- based...

  • *Many Chinese firms fare badly- Transparency International. BERLIN, Nov 5- The world's biggest companies disclose little or no financial details about their operations abroad, according to a report by Transparency International which singled out Chinese firms but also U.S. tech giants like Amazon and Google. The Berlin- based anti-corruption watchdog named...

  • No way to run a railroad! Amtrak's woes deepen Tuesday, 4 Nov 2014 | 11:38 AM ET
    Amtrak train pulls into the train station at Emeryville, California.

    As more goods travel by rail, Amtrak and other railway systems are seeing mounting collateral damage: gridlock.

  • Advice from Buffett's 30-year-old right-hand woman Thursday, 30 Oct 2014 | 1:48 PM ET

    Succession at Berkshire Hathaway is a big issue for Warren Buffett, but Tracy Britt Cool helps calm investor nerves.