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Warren Buffett's Berkshire Hathaway has increased its stake in Burlington Northern Santa Fe to over 20 percent with another options-related stock buy.
Berkshire Hathaway's stake in Burlington Northern Santa Fe is up to 19.83 percent, after Warren Buffett's holding company bought 3.3 million additional shares on Monday and Tuesday.
Constellation Energy is not calling off its planned marriage to Warren Buffett's MidAmerican Energy Holdings ... yet. But it will check out the competition before gathering shareholders to ask for their blessing.
Warren Buffett's bid to buy Constellation Energy Group at a bargain price may have been "challenged" today by a significantly higher offer from Electricite de France, but don't expect a bidding war to break out.
Don't make travel plans just yet for the funeral of Warren Buffett-style 'buy and hold' stock strategy. Marc Faber, the investor known as "Dr. Doom" tells CNBC the "Warren Buffett approach is dead ... and it's going to be dead for another ten years." But value investor Whitney Tilson makes the case that the "'Buffett way' is the best way to tame troubled times.
Berkshire Hathaway shares have bounced back to six-digit territory. They closed today (Friday) at $100,700 each, up $4,300 or 4.46 percent. It's the first close above $100,000 since November 14 for Warren Buffett's holding company.
Amid all the headlines asking if Warren Buffett has lost his "touch" as Berkshire Hathaway's stock tumbles, comes a Bloomberg story today headlined Buffett Stock Picks Beat Financials Index As He Dodged Subprime. The takeaway: Buffett's moves to increase Berkshire Hathaway's holdings of Wells Fargo and U.S. Bancorp, while avoiding subprime lenders, are "paying off."
Warren Buffett is number one on Business Week's just-released ranking of American philanthropists. Buffett's pledge two years ago to donate the bulk of his huge fortune to charity over a number of years puts him at the top of the list with $40.655 billion given or pledged between 2004 and 2008.
With shares of Berkshire Hathaway down almost 50% from December, are investors losing confidence in Warren Buffett?
Warren Buffett tells Bloomberg today that more information about Berkshire Hathaway's derivative positions will be included in the company's annual report early next year. In an email sent by his assistant, Buffett says investors will be told about "all aspects of valuation" for the contracts. In addition, the report will discuss "deficiencies in the formula" for pricing the derivatives, "which we nevertheless use."
Still feeling shocked by how much your portfolio has fallen in value in the past couple of months? With the holidays upon us, here is a look at the purchasing power those shares still have. After all, a share of Berkshire Hathaway can still buy you a Porsche 911.
Barron's predicted last December that Berkshire Hathaway shares would take a tumble. They did. Now the magazine says Wall Street's worries about Warren Buffett's big derivatives contracts appear "overblown" and the stock is ready to rebound.
After nine straight days of drops, Berkshire Hathaway bounced back with the rest of Wall Street today (Friday). Shares of Warren Buffett's holding company ended at $90,000 each, up $12,500 or 16.1 percent. It's the biggest one-day percentage gain for Berkshire since at least 1985.
A subsidiary of Warren Buffett's Berkshire Hathaway will acquire the recreational vehicle division of Coachmen Industries in what looks like another Buffett-style bargain during tough times. Coachmen's survival as a company had been in doubt.
Warren Buffett's Berkshire Hathaway has agreed to make a new $300 million investment in USG Corporation, sending shares soaring for the big Chicago-based building materials maker. But USG will be paying a high interest rate for Buffett's "expression of confidence."
Warren Buffett doesn't appear to be worried about multi-year lows in the stock market. In an interview on Fox Business Network, a smiling Buffett says "it's happened before" and it's been even worse. As for the sharp drop in Berkshire's stock price, Buffett says that's also happened in the past and he jokes that he hopes he lives long enough for it to happen to him again several times in the future.
After falling for nine straight days, shares of Warren Buffett's Berkshire Hathaway have dropped almost 50 percent from their all-time closing high set last December. Berkshire closed today at $77,500 a share, down $6,500, or 7.7 percent. It's a fresh three-year low. Buffett's reputation as the world's greatest investor means the stock's big fall is getting lots of attention as some investors ask if he's losing his touch and other's defend him.
Warren Buffett's Berkshire Hathaway fell just over 12 percent on Wall Street today (Wednesday), its biggest one-day percentage drop since 1987's 'Black Monday' over 21 years ago. It appears some of the Oracle's followers are losing the faith.
Warren Buffett drives a hard bargain. When he invests billions in a company, he can generally get a better deal than the rest of us. Now SmartMoney columnist James B. Stewart writes about "a rare opportunity to invest on terms that may be even better than Mr. Buffett got" for his $5 billion infusion into Goldman Sachs.
Warren Buffett's Berkshire Hathaway will get almost a billion dollars in cash for its Anheuser-Busch shares, now that the St. Louis brewer's acquisition by Belgium's InBev has been formally completed.