Berkshire Hathaway Inc.
News and overview for Berkshire Hathaway Inc.
Berkshire Hathaway is buying Burlington Northern in a deal valuing the railroad at $34 billion
Sun (Baltimore), The | 20 days 12 minutes ago
Warren Buffet's Berkshire Hathaway says it has agreed to buy Burlington Northern Santa Fe in a deal valuing the railroad at $34 billion.
Berskire buying Burlington Northern railroad
Yahoo! | 19 days 23 hours 2 minutes ago
NEW YORK – Making a $34 billion bet on the future of the U.S. economy, Warren Buffett's Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp.
Goldman apologizes, offers small businesses help - MarketWatch
MarketWatch | 5 days 2 hours 58 minutes ago
The group said it will provide $100 million a year over the next five years, including a total of $200 million to provide scholarships for business and management educations and $300 million in the form of "loans and philanthropic support" to increase access to capital for small businesses.
Buffett buying Burlington rail in his biggest deal
Yahoo! | 19 days 11 hours 23 minutes ago
NEW YORK (Reuters) – Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out Burlington Northern Santa Fe Corp in a bet the nation's largest rail company will benefit from a recovering U.S. economy.
Stocks in focus for Monday - MarketWatch
MarketWatch | 16 days 13 hours 23 minutes ago
Electronic Arts /quotes/comstock/15*!erts/quotes/nls/erts (ERTS 19.00, +0.84, +4.63%) is expected to post second-quarter earnings of 8 cents a share.
Monday's biggest moving stocks - MarketWatch
MarketWatch | 14 days 48 minutes ago
AES Corp, the Virginia-based global power company, proudly announced Friday it has tapped into the Mother Lode to raise capital for its expansion plans: China Investment Corp.
Fitch Ratings says Berkshire Hathaway of imperiled investments with Burlington Northern deal -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 17 days 18 hours 19 minutes ago
CHICAGO (AP) — Fitch Ratings is warning that Berkshire Hathaway Inc. 's deal for Burlington Northern Santa Fe Corp. could overexpose Warren Buffett 's company to weaknesses in the economy at the expense of its more durable investments.
Berkshire buying Burlington Northern railroad
Forbes | 20 days 9 minutes ago
NEW YORK -- Warren Buffett's Berkshire Hathaway Inc. on Tuesday said it agreed to buy Burlington Northern Santa Fe Corp. in a deal valuing the railroad at $34 billion.
Buffett to buy Burlington Northern
Yahoo! | 19 days 22 hours 7 minutes ago
NEW YORK (Reuters) – Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out railroad Burlington Northern Santa Fe Corp in what the billionaire investor called a bet on the U.S. economy.
Berkshire Hathaway is buying Burlington Northern in a deal valuing the railroad at $34 billion -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 20 days 52 minutes ago
NEW YORK (AP) — Warren Buffet's Berkshire Hathaway says it has agreed to buy Burlington Northern Santa Fe in a deal valuing the railroad at $34 billion.
Fannie Mae shares may be on late-trading radar - MarketWatch
MarketWatch | 16 days 17 hours 31 minutes ago
The lender has already received more than $44 billion in government funding under a senior preferred-stock purchase agreement. See full story.
Buffett's Berkshire to buy railroad
Globe and Mail (Toronto), The | 20 days 11 minutes ago
Deal – the biggest ever for Berkshire Hathaway – values Burlington Northern at $34-billion (U.S.)
Buffett's Berkshire buying Burlington Northern RR | courier-journal.com | The Courier-Journal
Courier-Journal (Louisville, Ky.), The | 19 days 17 hours 12 minutes ago
NEW YORK (AP) Warren Buffett has made bets on railroads before, but now he's all in. The billionaire investor's Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., making a $34 billion bet on the future of the U.S. economy.
Warren Buffett is Bullish on America's Future, but Says That a Full Economic Recovery Will Take a While [Press Release]
Business Wire | 24 days 19 hours 54 minutes ago
Although the U.S. economy is no longer in the "emergency room," a full recovery isn't imminent, noted Warren Buffett, CEO of Berkshire Hathaway Inc., in a recent Business Wire interview to promote the launch of PYMNTS.com, a portal for the global payment industry.
U.S. Treasury rejects Fannie Mae tax-credit sale - MarketWatch
MarketWatch | 15 days 16 hours 10 minutes ago
Treasury Department officials, however, concluded Friday that the government would lose more tax dollars than it saved if the deal to were to go through. Roughly $3 billion worth of the tax credits were to be sold, according to a report Friday by The Wall Street Journal.
Company Overview
| Company: | Berkshire Hathaway Inc. |
|---|---|
| Industry: | Investment Firms |
| Website: | http://www.berkshirehathaway.com |
Berkshire Hathaway is where Warren Buffett, the world's second-richest man (behind his good buddy Bill Gates), spreads his risk by investing in a variety of industries, from insurance and utilities to apparel and food, and building materials to jewelry and furniture retailers. Its core insurance subsidiaries include National Indemnity, GEICO Corporation, and reinsurance giant General Re. The company also owns Dairy Queen, Fruit of the Loom, Johns Manville, Clayton Homes, Helzberg Diamonds, McLane Company, and MidAmerican Energy Holdings. Known as the Oracle of Omaha, Buffett holds more than a quarter of Berkshire Hathaway, which owns more than 70 firms and has stakes in more than a dozen others.
Key Numbers
| Sales in U.S. Dollars (mil.) | 107,786 (2008) |
|---|---|
| One-year % Growth in Sales | -8.8 (2008) |
| Net Income in U.S. Dollars (mil.) | 4,994 (2008) |
| One-year % Growth in Net Income | -62.2 (2008) |
| Number of Employees | 246,000 (2008) |
| One-year % Growth in Number of Employees | 5.6 (2008) |
| Fiscal Year-End | December |