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  • NEW YORK, Feb 28- In his 50 years at the helm of Berkshire Hathaway Inc, Warren Buffett has transformed a failing textile company into a sprawling conglomerate that has vastly outperformed most of the rest of corporate America. Within 10 to 20 years, Buffett said, Berkshire's girth could require whoever then runs the Omaha, Nebraska- based company to consider steps...

  • In the 84- year-old's annual shareholder letter released on Saturday, Buffett said Berkshire has grown so large- 751,000 times its original net worth per share- that the future pace of gains "will not come close" to those of the past. "I think Berkshire will outperform the average American company, but our advantage, if any, won't be great." Buffett, also addressing one...

  • NEW YORK, Feb 28- In his 50 years at the helm of Berkshire Hathaway Inc, Warren Buffett has transformed a failing textile company into a sprawling conglomerate that has vastly outperformed most of the rest of corporate America. Within 10 to 20 years, Buffett said, Berkshire's girth could require whoever then runs the Omaha, Nebraska- based company to consider steps...

  • NEW YORK, Feb 28- Warren Buffett wants to buy more businesses to add to Berkshire Hathaway Inc's "sprawl," but cautioned it may not keep the company he has run for 50 years from evolving into something rarely used to describe it up until now: average. In his annual letter to shareholders, Buffett on Saturday said Berkshire's huge balance sheet gives him the power to...

  • HIGHLIGHTS-Warren Buffett's letter to investors Saturday, 28 Feb 2015 | 12:27 PM ET

    NEW YORK, Feb 28- Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday, written with his usual mix of business facts, common-sense advice and showmanship. On lodging for the May 2 annual meeting in Omaha:. Airbnb's services may be especially helpful to shareholders who expect to spend only a single night in Omaha and are aware...

  • Buffett says 'sprawl' is good, but may not be good enough Saturday, 28 Feb 2015 | 11:49 AM ET

    NEW YORK, Feb 28- Warren Buffett wants to buy more businesses to add to Berkshire Hathaway Inc's "sprawl," but cautioned it may not keep the company he has run for 50 years from evolving into something rarely used to describe it up until now: average. In his annual letter to shareholders, Buffett on Saturday said Berkshire's huge balance sheet gives him the power to...

  • Feb 28- Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit declined 17 percent as investment gains declined, but operating results improved. Net income fell to $4.16 billion, or $2,529 per Class A share, from $4.99 billion, or $3,035 per share, a year earlier. Quarterly operating profit rose 5 percent to $3.96 billion, or $2,412 per...

  • NEW YORK/ FRANKFURT, Feb 20- Warren Buffett's Berkshire Hathaway Inc said on Friday it had agreed to buy German motorcycle apparel and accessories retailer Detlev Louis Motorrad-Vertriebs GmbH for a little more than 400 million euros. The purchase enables Buffett, known for his optimism about the United States and the investment opportunities it offers, to...

  • NEW YORK, Feb 17- Warren Buffett's Berkshire Hathaway Inc on Tuesday disclosed a 5 percent stake in agricultural equipment maker Deere& Co and said it shed a $3.74 billion investment in oil company Exxon Mobil Corp as oil prices plunged. The changes were among several that Berkshire made in its common stock investments in the fourth quarter, according to a U.S....

  • Feb 12- ConAgra Foods Inc, the maker of Slim Jim beef jerky and Chef Boyardee pasta, appointed former Hillshire Brands Co Chief Executive Sean Connolly its CEO, replacing Gary Rodkin. ConAgra Foods, whose shares were down 5.2 percent in extended trading on Thursday, also cut its profit forecast for the year ending May citing a stronger dollar and weak sales in its...

  • Feb 8- Investment analysts are criticizing Warren Buffett over the quality of the financial disclosures of his company, Berkshire Hathaway, the Financial Times reported on Sunday. The FT interviewed five of the six analysts who cover the $370 billion company, which is the third largest on the U.S. stock market. Buffett told the FT that he prefers communicating...

  • Scoular hit with $17.2 mln fraud- newspaper Wednesday, 4 Feb 2015 | 4:30 PM ET

    According to the paper, Scoular sent a total of $17.2 million through three wire transfers in June to a bank in China, acting on emails sent to a Scoular executive. The emails appeared to be from Scoular Chief Executive Officer Chuck Elsea and the Omaha, Nebraska- based company's auditing firm. Court documents said the emails were generated by impostors using...

  • TD Ameritrade misses Street 1Q forecasts Wednesday, 21 Jan 2015 | 8:19 AM ET
    TD Ameritrade infographic

    TD Ameritrade on Wednesday reported fiscal first-quarter profit of $211 million.

  • Much warmer weather is finally on the way Tuesday, 13 Jan 2015 | 11:10 AM ET
    Commuters try to stay warm as they wait for a train on an L platform during the early morning rush in Chicago, Jan. 7, 2015.

    After a cold spell, much of the United States can expect warm weather in the days ahead, NBC News reports.

  • The Spanish nurse infected by Ebola is moved by ambulance to Carlos III Hospital from Alcorcon Hospital on October 8, 2014 in Alcorcon, Spain.

    A nurse in Spain has become the first person to contract Ebola outside of West Africa, as an NBC News freelancer arrived in Nebraska for treatment.

  • Inside the fun at the 'Woodstock for Capitalists' Monday, 5 May 2014 | 1:29 PM ET
    Bill Gates, Charlie Munger and Warren Buffett participate in a "selfie" taken by CNBC's Becky Quick in Omaha. In a live interview, Buffett said based on his experiences with college students who visit Omaha, selfies are "all the rage." The estimated net worth of the three men in the picture: $143.1 billion.

    Beyond serious investing talk, the Berkshire Hathaway shareholders' meeting is a weekend of fun for investors and Warren Buffett fans alike.

  • 10 top brands Buffett’s Berkshire owns Monday, 5 May 2014 | 11:59 AM ET
    Billionaire investor Warren Buffett flips over a Dairy Queen Blizzard treat, the most successful product ever released in the history of Dairy Queen.

    About 38,000 people flocked to the shareholder meeting in Omaha this weekend. Here's a highlight of top brands Berkshire Hathaway owns.

  • Ackman and Valeant plot 'not fair': Gabelli Friday, 2 May 2014 | 9:53 AM ET
    Mario Gabelli

    Mario Gabelli said the partnership of activist investor Bill Ackman and Valeant Pharmaceuticals to try to buy Allergan was unfair.

  • How rising beef prices impact the consumer Monday, 14 Apr 2014 | 4:34 PM ET
    How rising beef prices impact the consumer

    Todd Simon, Omaha Steaks senior vice president, discusses the company's effort to keep prices consistent despite the rising cost of beef.

  • Buffett's secret to giving away billions Monday, 15 Jul 2013 | 1:32 PM ET
    Warren Buffett

    In a video clip for an online course on philanthropy, Warren Buffett says he follows Adam Smith's division of labor. "I make it and somebody else gives it away."