On Tuesday, Warren Buffett's Berkshire Hathaway announced that it will allow its Class B shareholders to vote on a 50-for-1 stock split that has already been approved by the board.
Tuesday, 3 Nov 2009 | Source: CNBC staff and wire reports
In its largest acquisition to date, Berkshire Hathaway said Tuesday it will acquire the 77 percent stake in Burlington Northern Santa Fe that it doesn't already own for $100 a share in cash and stock.
Thursday, 22 Oct 2009 | Source: CNBC staff and wire reports
The country's second-largest railroad said its third-quarter earnings dropped because people still weren't buying more goods in stores and industrial production continued to sputter.
The Dow topped 9,000 for the first time since January as investors shrugged off a rise in jobless claims and cheered earnings from Ford and 3M. A third straight rise in existing-home sales also buoyed the market.
The Dow topped 9,000 for the first time since January as investors shrugged off a rise in jobless claims and cheered earnings from Ford and 3M. A third straight rise in existing-home sales also buoyed the market.
Stocks rallied Thursday as investors shrugged off a rise in jobless claims and focused on encouraging earnings from Ford and 3M. A third straight rise in existing-home sales also buoyed the market.
Warren Buffett says he's not expecting, and isn't entitled to, "spectacular" returns on Berkshire Hathaway's planned acquisition of the Burlington Northern Santa Fe freight railroad.... Read More
In what appears to be a bet consumers will stick with discount retailers even after the economy rebounds, Warren Buffett's Berkshire Hathaway increased its Wal-Mart holdings by almost 90 percent during the summer.... Read More