In "extremely preliminary" results announced this morning, Burlington Northern shareholders show a slight preference for Berkshire Hathaway stock, rather than cash, as payment in the proposed Berkshire-BNSF merger.
Fitch is downgrading its ratings on Warren Buffett's Berkshire Hathaway, ahead of the company's planned acquisition of Burlington Northern Santa Fe. The market, however, may upgrade the company's stock price Friday after the deal closes and just before the Baby B shares are formally added to the S&P 500.
'Black Swan' author Nassim Taleb's latest comment about Warren Buffett's luck has generated some heat, including this email from Buffett author Janet Tavakoli. She writes, "Warren Buffett loves luck as much as the next man, but he doesn’t rely on it."
Video clips of Warren Buffett and Hank Paulson discussing the credit crisis and the economy in an appearance before the Greater Omaha Chamber on Tuesday, February 9, 2010.
Warren Buffett has made no secret of his opposition to President George W. Bush's policies and actions during his eight years in the White House. But Buffett said today that after reading former Treasury Secretary Henry Paulson's new book on the credit crisis, he has a greater appreciation of Mr. Bush's understanding of the crisis and the president's willingness to do what was needed to prevent a complete economic collapse.
Nassim Taleb, the author who gained fame and fortune writing about 'Black Swans,' says there isn't enough evidence to show that Warren Buffett's skill, and not his good luck, is responsible for the billionaire's enormous investing success over the decades.
CNBC.com and CNBC-TV plan live video coverage tomorrow (Tuesday) of Warren Buffett's planned 50 minute "conversation" with former Treasury Secretary Henry Paulson. Buffett and Paulson are the main event at the Greater Omaha Chamber's 2010 Annual Meeting Luncheon at the Qwest Center Omaha.
A lot of CEOs have spent the last year barely hanging on. Some businesses have not succeeded, but others are edging back from the brink. They're hoping that with a little more time, and a little more luck, they'll make it. Anne Mulcahy knows how they feel.
Warren Buffett's Berkshire Hathaway says tonight (Thursday) that Burlington Northern Santa Fe shareholders need to decide how they want to be paid for their shares by next Wednesday, less than two days before the acquisition is expected to close on Friday, February 12.
Warren Buffett's Berkshire Hathaway has lost its last remaining triple-A credit rating. Standard & Poor's dropped its ratings on Berkshire and its core subsidiaries from the top-level AAA to AA+.
Shares of Berkshire Hathaway soared a blazing 17.5 percent over the last two weeks of January, putting Warren Buffett well ahead of the benchmark S&P 500 that he'll be joining soon.
Warren Buffett's Berkshire Hathaway says today it will not issue more shares in response to the company's just-announced addition to the benchmark S&P 500. The company's newly-split B shares built on their 5% gain yesterday, to finish 3.6% higher today. That's a fresh 14-month high.
Shares of Warren Buffett's Berkshire Hathaway ended almost 5 percent higher after their first full trading day on news the stock is going into the S&P 500 index.
Anyone betting that last week's 50-for-1 stock split of Berkshire Hathaway's Class B shares would lead to Warren Buffett going into the benchmark S&P 500 stock index .. is absolutely right. Moments ago, we got word from S&P that Berkshire will replace Burlington Northern Santa Fe in both the S&P 500 and the smaller S&P 100.
The German reinsurance giant Munich Re says its happy Warren Buffett has a built a stake in the company worth over $1 billion.
Now available for downloading: a PDF transcript of Becky Quick's live interview with Warren Buffett on Wednesday, January 20, 2010.
Both classes of Warren Buffett's Berkshire Hathaway marked the first day of trading today for the just-split Class B stocks with their biggest one-day percentage gain since last August. Both the Class A and Class B stock ended the day at their highest levels since early November, 2008.
Investors appear to like Berkshire Hathaway stock in the $60s and even the $70s more than they liked it at roughly $3500 a share.
South Korean steelmaker POSCO closed almost 5 percent higher at $136.02 in New York trading today (Tuesday), after the company said Warren Buffett wants to buy more shares.
Warren Buffett was interviewed live this morning (Wednesday) on CNBC's Squawk Box, ahead of a special Berkshire Hathaway shareholders meeting to approve the company's proposed Class B stock split. This is the third part of an unofficial transcript of the entire one-hour interview conducted by Becky Quick. In this section, Buffett discusses his unhappiness with Kraft's deal to acquire Cadbury.