Berkshire Hathaway Inc.
News and overview for Berkshire Hathaway Inc.
U.S. Treasury rejects Fannie Mae tax-credit sale - MarketWatch
MarketWatch | 15 days 12 hours 27 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.
BNSF exec says Warren Buffett's Berkshire Hathaway will sell its UP, Norfolk Southern stakes
Sun (Baltimore), The | 13 days 5 hours 44 minutes ago
Warren Buffett's company will sell its stakes in Union Pacific and Norfolk Southern railroads before it completes its $26.3 billion acquisition of Burlington Northern Santa Fe Corp. railroad.
Allstate reports $221 mln in quarterly net income - MarketWatch
MarketWatch | 18 days 11 hours 29 minutes ago
Operating profit, which excludes net realized investment gains and losses, was $538 million, or 99 cents a share, in the latest period.
Buffett the Empire Builder MarketWatch First Take - MarketWatch
MarketWatch | 19 days 16 hours 25 minutes ago
Most importantly, it hauls coal, lots of coal, from the vast open pit mines of the Powder River basin in eastern Wyoming and Montana. Nearly all of that coal goes to power plants. About 10% of the power generated in the country comes from coal hauled on BNSF trains.
NetJets could fly to profit in 2010 as companies spend more
Aviation eBrief | 13 days 4 hours 8 minutes ago
...500 million in the first nine months of 2009, NetJets Inc. will likely return to profit in 2010 as corporations...aircraft, according to its owner, Warren Buffet's Berkshire Hathaway Inc. Analysts agreed that U.S. firms may turn to NetJets...
Berkshire sells nearly 1.2 million Moody's shares
San Diego Union-Tribune | 22 days 10 hours 52 minutes ago
OMAHA, Neb. Berkshire Hathaway Inc. has sold almost 1.
Berkshire buying Burlington Northern railroad :: CHICAGO SUN-TIMES :: Business
Chicago Sun-Times | 19 days 20 hours 43 minutes ago
NEW YORK -- Warren Buffet's Berkshire Hathaway says it has agreed to buy Burlington Northern Santa Fe in a deal valuing the railroad at $34 billion.
Buffett's Berkshire Hathaway cuts stake in Moody's by selling nearly 1.2M shares -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 22 days 11 hours 43 minutes ago
OMAHA, Neb. (AP) — Berkshire Hathaway Inc. has sold almost 1.2 million shares of Moody's Corp. stock as it keeps cutting its stake in the company, which provides credit rating and market research and analysis.
A wave of insurance assets hit the block - MarketWatch
MarketWatch | 18 days 3 hours 59 minutes ago
Insurers in emerging markets such as Eastern Europe and Asia will likely be the easiest to sell, while the U.S. could prove the toughest market to attract buyers due to a lack of local players in a position to bid, analysts said.
El Paso quarterly profit slumps 85% - MarketWatch
MarketWatch | 19 days 10 hours 38 minutes ago
Kelsey Hubbard talks with WSJ reporter Gregory Zuckerman about his new book, "The Greatest Trade Ever," in this "News Hub" extra.
Hit it to quit it as wild market nears year end Todd Harrison - MarketWatch
MarketWatch | 19 days 4 hours 46 minutes ago
We spoke of cumulative imbalances, the dangers of derivatives, duality in the dollar and the daunting dynamic of debt. We did so when few wanted to know about the other side of conspicuous consumption; we did so when the systemic risks weren't so obvious.
Text of Statement by Berkshire, Burlington Northern
Wall Street Journal, The | 19 days 19 hours 51 minutes ago
Berkshire Hathaway Inc. to Acquire Burlington Northern Santa Fe Corporation (BNSF) for $100 Per Share in Cash and Stock BNSF will continue to operate from its Fort Worth, TX headquarters and will become a wholly owned subsidiary of Berkshire Hathaway FORT WORTH, Texas & OMAHA, Neb
U.S. stock futures point to stronger start - MarketWatch
MarketWatch | 13 days 22 hours 57 minutes ago
S&P 500 futures rose 8.5 points to 1,074.70 and Nasdaq 100 futures improved 11.75 points to 1,741.50. Futures on the Dow Jones Industrial Average rose 72 points.
Warren Buffett's Berkshire Hathaway acquires Exxon stake
Dallas Morning News, The | 5 days 15 hours 53 minutes ago
OMAHA, Nebraska – Billionaire Warren Buffett's company bought a nearly $60 million stake in Exxon Mobil Corp., trimmed holdings in oil rival ConocoPhillips and nearly doubled its stake in Wal-Mart Stores Inc. during the latest quarter.
Berkshire to sell UP, Norfolk Southern stakes
Boston Globe, The | 13 days 9 hours 50 minutes ago
OMAHA, Neb.Warren Buffett's company will sell its stakes in Union Pacific and Norfolk Southern railroads before it completes its $26.3 billion acquisition of Burlington Northern Santa Fe Corp. railroad.
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 |