Warren Buffett Watch
Warren Buffett
April 12- Warren Buffett's Berkshire Hathaway Inc plans to vote against four board nominees proposed by USG Corp, giving a boost to a $5.9 billion takeover bid by German's Gebr Knauf AG that the building products company had rejected. They closed at $33.51 on March 23, before Knauf's bid became public. A USG takeover could add to the $116 billion of cash and...
The billionaire warned students in 1991 about the cost of doing business like Donald Trump.
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OMAHA, Neb.— Investor Warren Buffett's company plans to vote against USG Corp.' s four board nominees in another signal that Berkshire Hathaway may support Knauf's $5.9 billion bid to buy USG. Buffett's assistant Debbie Bosanek said Thursday that Berkshire will vote against the directors nominated by USG. Berkshire owns 31 percent of USG's stock and is the...
April 12- Warren Buffett's Berkshire Hathaway Inc plans to vote against four board nominees proposed by USG Corp, giving a boost to a $5.9 billion takeover bid by German's Gebr Knauf AG that the building products company had rejected. USG shares were up $1.11, or 2.8 percent, at $40.93 in Thursday afternoon trading. A USG takeover could add to the $116 billion of...
April 12- Warren Buffett's Berkshire Hathaway Inc plans to oppose board nominees proposed by USG Corp in an upcoming shareholder vote, as the wallboard maker tries to fend off a roughly $5.9 billion takeover bid by Germany's Gebr Knauf KG. "Berkshire's present intention is to vote against the four directors proposed by management," Buffett assistant Debbie...
Warren Buffett explained the perils of using debt and leverage during a question-and-answer session with Notre Dame students in 1991.
"You can’t get a world-class coach for free."
Early indicators suggest 2017 was another year of solid earnings for CEOs at the biggest companies in the U.S., according to executive compensation firm Equilar.
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April 10- Gebr Knauf KG, the German producer of building materials seeking to take over U.S. gypsum manufacturer USG Corp, called on USG shareholders on Tuesday to pressure it to engage in deal talks by withholding their support for its board nominees. USG rejected a $5.9 billion bid by Knauf two weeks ago, arguing it undervalued the company. That was despite Warren...
April 9- Leucadia National Corp, the parent of Jefferies Group LLC, said on Monday it would sell stakes in two non-financial companies for about $1.33 billion and reorganize its operations to focus on investment banking and advisory services. Leucadia National, which models itself on Warren Buffett's Berkshire Hathaway Inc and owns companies ranging from...
April 9- Leucadia National Corp, the parent of Jefferies Group LLC, said on Monday it would sell stakes in two non-financial companies for about $1.33 billion and reorganise its operations to focus on investment banking and advisory services. Leucadia National, which models itself on Warren Buffett's Berkshire Hathaway Inc and owns companies ranging from...
- 'We wanted to go first.' It's been a decade since Delta's merger with Northwest upended the industry
Delta and Northwest announced their merger in April 2008, setting off a wave of consolidation in the airline business.
"Though markets are generally rational, they occasionally do crazy things," says Buffett.
April 6- George Soros's $26 billion hedge fund is planning to trade cryptocurrencies, Bloomberg reported on Friday, months after the billionaire investor called the virtual currency a bubble. Adam Fisher, who oversees macro investing at the New York- based Soros Fund Management, got internal approval to trade digital assets in the last few months, though was yet...
NEW YORK, April 5- Thirteen big mutual fund firms, including BlackRock, T Rowe Price and Vanguard, will soon give retail investors a new tool to assess whether they are getting their money's worth for the higher fees often charged by actively managed stock funds. New York Attorney General Eric Schneiderman said on Thursday the companies agreed with his office to...
Microsoft was founded 34 years ago today.
"Civil rights changed my views," Buffett said.
DALLAS— If Warren Buffett is interested in buying Southwest Airlines, he's not telling the airline's CEO directly. Southwest Chairman and CEO Gary Kelly said Tuesday that he hasn't talked to Buffett since the Berkshire Hathaway CEO sparked speculation with a comment that he wouldn't rule out owning an entire airline. Berkshire Hathaway already owns 8.1...
The stock market has seen some wild swings in 2018.
Back in 2016, when the market fluctuated wildly, Warren Buffett gave some great advice.
