The business software maker said it agreed to be acquired by a private equity group led by Bain Capital and Golden Gate Capital Corp for about $6.9 billion. **BERKSHIRE HATHAWAY INC, $166,483.7, up 2 pct;, $110.90, up 2 pct. **ARKANSAS BEST CORP, $13.51, up 28 pct.
May 6- Berkshire Hathaway Inc:. *Berkshire Hathaway Inc: S&P Capital IQ raises target price by $6 to $116; rating hold For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
*Marano has previously worked for Cerberus Capital. May 6- Residential Capital LLC Chief Executive Thomas Marano has resigned as the mortgage subsidiary of auto lender Ally Financial Inc works its way out of bankruptcy. Marano was managing director at Cerberus Capital Management before moving to ResCap.
*BofA and Apple rally; Humana jumps after upgrade. NEW YORK, May 6- U.S. stocks were flat on Monday as investors paused following a sharp rally that took major averages to record highs last week.
CNBC's Becky Quick provides the latest details from Berkshire Hathaway's annual shareholder's meeting. And, Jeff Matthews, "Warren Buffett's Successor" author; and Robert Miles, "The Warren Buffett CEO" author, share their insights on why it matters who succeeds Warren Buffett, and discuss the outlook on Berkshire Hathaway.
NEW YORK, May 6- U.S. stocks were little changed at the open on Monday as investors paused after stocks hit record highs last week, with the S&P 500 up more than 13 percent so far this year. The Nasdaq Composite Index was up 3.47 points, or 0.10 percent, at 3,382.10. ( (For multimedia versions of Reuters Top News: 3000 Xtra: visit BridgeStation: view story. 134==============================================================.
BRUSSELS, May 6- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --RAG trust and buyout firm CVC Capital Partners to sell part of their shares in German chemicals company Evonik Industries.
May 6- Warren Buffett said on Monday the U.S. economy is gradually improving, helped by the efforts of Federal Reserve Chairman Ben Bernanke to stimulate it, but that low interest rates have made bonds "terrible investments."
May 6- Warren Buffett said on Monday the U.S. economy is gradually improving, helped by the efforts of Federal Reserve Chairman Ben Bernanke to stimulate it, but that low interest rates have made bonds "terrible investments."
U.S. stock index futures were in positive territory Monday after the Dow and S&P 500 hit fresh all-time highs last week, propelled by a better-than-expected monthly jobs report.
*A private equity group made up of Bain Capital and Golden Gate Capital Corp are nearing a deal to acquire BMC Software and an announcement could come as early as Monday, two people familiar with the matter told Reuters.
*Oil rises modestly, Middle East supply in focus. NEW YORK, May 6- U.S. stock index futures pointed to a flat open on Monday as investors paused after stocks hit record highs last week, with the S&P 500 up more than 13 percent so far this year.
Bill Gates, Microsoft chairman; and Warren Buffett, Berkshire Hathaway, chairman & CEO, discuss the importance of measuring innovation and intervention. Also, both business leaders take a look at increasing the awareness of philanthropy and the U.S. government's role in providing financial aid to poorer countries.
Bill Gates, Microsoft chairman; and Warren Buffett, Berkshire Hathaway chairman & CEO, discuss the impact of interest rates on investment strategies, and global currencies. And, both men weigh in on why high frequency trading is really just a form of legalized "front running." Also, Gates explains why the software business is an "amazing" business to be in.