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  • NEW YORK, Feb 27- Warren Buffett bemoaned the "negative drumbeat" on the U.S. economy from presidential candidates in his annual Berkshire Hathaway Inc shareholder letter on Saturday, saying they are misleading Americans into believing their children will be worse off than they are. "During presidential elections where no incumbent is running, both sides who...

  • NEW YORK, Feb 27- The following are excerpts from Warren Buffett's annual letter to Berkshire Hathaway Inc shareholders, which was released early Saturday:. To attain that result, we invested about $5.8 billion during the year in capital expenditures, a sum far and away the record for any American railroad and nearly three times our annual depreciation charge.

  • Feb 27- Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit rose 32 percent, helped by improved results in its insurance operations and higher gains from investments and derivatives. Net income rose to $5.48 billion, or $3,333 per Class A share, from $4.16 billion, or $2,529 per share, a year earlier. Quarterly operating profit rose 18...

  • The Omaha, Nebraska- based company reported a record full-year profit of $24.08 billion, up 21 percent, while operating profit rose 5 percent to a record $17.36 billion. Operating profit rose 18 percent to $4.67 billion, or $2,843 per share, topping the average analyst forecast of $2,814 according to Thomson Reuters I/B/E/S. But he has critics, and spent about 10...

  • Feb 27- Warren Buffett on Saturday launched vigorous defenses of a private equity firm and a mobile home unit that critics say employ controversial business practices antithetical to Buffett's own at Berkshire Hathaway Inc. Buffett also devoted more than 1,200 words in his roughly 18,000- word letter to defending Berkshire's Clayton Homes unit, after...

  • NEW YORK, Feb 27- Warren Buffett bemoaned the "negative drumbeat" on the U.S. economy from presidential candidates in his annual Berkshire Hathaway Inc shareholder letter on Saturday, saying they are misleading Americans into believing their children will be worse off then they are. "During presidential elections where no incumbent is running, both sides who...

  • Feb 27- Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit rose 32 percent, helped by improved results in its insurance operations and higher gains from investments and derivatives. Net income rose to $5.48 billion, or $3,333 per Class A share, from $4.16 billion, or $2,529 per share, a year earlier. Quarterly operating profit rose 18...

  • NEW YORK, Feb 25- Warren Buffett will release his annual letter to Berkshire Hathaway Inc shareholders after a year when its stock price lagged the broader market by the most since 2009, adding to years of underperformance. The letter, due Saturday, is a must-read on Wall Street, filled with his thoughts on investing, life and the Omaha, Nebraska company he has run...

  • Feb 19- Standard& Poor's on Friday left intact its "AA" credit ratings for Warren Buffett's Berkshire Hathaway Inc, saying the company's diversification and "modest" financial risk justify the high grade. Berkshire had been put on review on Aug. 11 for a possible downgrade on concern about Buffett's decision to deploy a large amount of cash toward the $32 billion...

  • Feb 16- Warren Buffett's Berkshire Hathaway Inc plans to webcast its annual meeting for the first time, allowing the largest U.S. shareholder gathering to reach a global audience through Yahoo Inc's finance page. Viewers will be able to watch Buffett, Berkshire's 85- year-old chief executive officer, and Vice Chairman Charlie Munger, 92, field five hours of...

  • Viewers will be able to watch Buffett, the 85- year-old chief executive officer, and Vice Chairman Charlie Munger, 92, field five hours of questions on April 30 from shareholders, reporters and analysts about the Omaha, Nebraska- based company, investing, the economy and life. The webcast offers a chance "to reach more people than ever, in key financial centers" and "to...

  • *Average hourly earnings rise 12 cents, or 0.5 pct. Feb 5- Wall Street was set to open lower on Friday after data showed U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded. "I'm a little surprised the markets reacted somewhat negatively to it," said Sean Lynch, co-head of global equity strategy at Wells...

  • Jan 30- Berkshire Hathaway Inc, the conglomerate run by Warren Buffett, has resumed its purchases of Phillips 66 stock, and spent roughly $832 million in January to boost its stake even as the oil refiner's profit margins narrowed. According to a regulatory filing on Friday night, Berkshire paid about $198 million this week for 2.54 million Phillips 66 shares, its...

  • Why Buffett bought more IBM

    Berkshire CEO Warren Buffett addresses his purchase of more IBM shares and allegations of predatory lending at Clayton Homes.

  • Airbnb Warren Buffett childhood home

    A lucky Berkshire Hathaway shareholder can spend a free weekend in Warren Buffett's childhood home, thanks to an Airbnb contest.

  • Union Pacific on Thursday reported fourth-quarter profit of $1.41 billion.

  • TD Ameritrade infographic

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

  • 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.

  • 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.