After years of opposing any split for Berkshire Hathaway's famously high-priced stock, shareholders meet tomorrow in Omaha to approve a 50-for-1 split for its Class B shares. The move is being justified as a way to make it easier for BNSF shareholders to receive tax-free stock instead of cash when the railroad is acquired by Berkshire. But some believe Buffett wouldn't mind if the split also clears the way for Berkshire's induction into the prestigious S&P 500 stock index.
Should you take advantage of the rare opportunity to own Berkshire Hathaway for less than $100 a share?
Warren Buffett's Berkshire Hathaway won't be able to make good on its threat to vote against Kraft's agreement to buy Cadbury, even though Kraft had to raise its bid again to nearly $19 billion to close the deal. Due to the way it is structured, Kraft shareholders won't need to approve the issuance of new shares. Buffett, however, may have something to say about the matter when he's interviewed live tomorrow morning on CNBC's Squawk Box.
Warren Buffett has a decision to make, now that Kraft is close to a friendly deal to acquire Cadbury for a sweetened bid of $19 billion, including a larger cash portion. Berkshire, Kraft's largest shareholder, had signaled it was against a higher bid, but also warned Kraft against using too much of its "undervalued" stock for a purchase.
Warren Buffett's Berkshire Hathaway will take on some risk that a cautious Swiss Re doesn't want right now, in a deal strengthening ties between the two companies.
In extended trade, investors were gaming food stocks after billionaire investor Bill Ackman followed Warren Buffet into Kraft with a 2 percent stake.
Bolstered by low rates and strong demand, companies and others have been rushing to issue a near record level of new debt since the start of the year and the trend should continue for now.
Retailers on Thursday will report December sales results, taking the wraps off their holiday season and possibly showing the best comparisons in 20 months.
Markets are looking quite positive for 2010, said James Paulsen, chief investment strategist at Wells Capital Management. Phil Orlando, chief equity market strategist at Federated Investors, agreed. They shared their market strategies with CNBC.
Markets opened flat on Wednesday, after a pair of private employment readings in anticipation of Friday's U.S. government jobs report. What should investors expect from the markets this month? Peter Costa, president of Empire Executions and CNBC market analyst, shared his insight.
The S&P finished higher Tuesday as Ford shares soared after better-than-expected sales. The Dow ended slightly lower after a sharp drop in pending-home sales. Financials had a strong day, with Bank of America finishing near the top of the Dow pack.
Try as they might to put on a brave face, Kraft management cannot be pleased that Warren Buffett chose to go public with his opposition to the company’s plan to issue up to 370 million shares to facilitate the purchase of Cadbury.
Corporate debt and equities both saw strong performances in 2009 so what should investors expect for 2010? Sam Stovall, chief investment strategist at Standard & Poor’s, shared his view.
In an unprecendented move, Berkshire Hathaway is publicly, and strongly, criticizing Kraft Foods for its continuing efforts to acquire Cadbury. Berkshire says in a news release this morning that it has voted against Kraft's proposal to authorize the issuance of up to 370 million shares to facilitate a deal, and urges other shareholders to follow its lead.
Wall Street took a breather Tuesday, after a strong first trading day of 2010. How should investors be positioned? Rod Smyth, chief investment strategist at Riverfront Investment Group and Fritz Meyer, senior market strategist at Invesco AIM shared their market outlooks.
With yesterday's move up, it's pretty clear that the uptrend is intact. Other widely watched indicators like the NYSE Operating Company Only Advance-Decline Line, a composite of advancing versus declining stocks, remain at new highs. The other piece of good news is that there has been a notable absence of selling pressure, one reason volume has been so anemic.
A colorful 8-page brochure is being mailed by Burlington Northern Santa Fe spacer to its shareholders, urging them to vote for the freight railroad's proposed acquisition by Warren Buffett's Berkshire Hathaway.
Berkshire Hathaway far outperforms the benchmark S&P 500 stock index during the decade of the 2000s. Despite managing a gain for 2009, however, Berkshire underperforms the S&P for 2009, breaking Warren Buffett's three-year winning streak.
The ten most popular Warren Buffett Watch posts from 2009, as measured by your clicks.
Markets rose on Tuesday after reports showed consumer confidence improved and home prices stabilized. Can stocks continue upward in 2010? Jerry Castellini, president and CIO of CastleArk Management, shared his market outlook.