Berkshire Hathaway Inc.
News and overview for Berkshire Hathaway Inc.
Berkshire Hathaway Lines Up Funds For Burlington Northern Deal
Wall Street Journal, The | 4 days 12 hours 57 minutes ago
Of DOW JONES NEWSWIRES Berkshire Hathaway Inc. (BRKA, BRKB) has lined up an $8 billion credit line as a "potential additional source of funds" to help finance the cash portion of its acquisition of Burlington Northern Santa Fe (BNI), according to a Thursday filing.
Berkshire sells nearly 1.2 million Moody's shares
San Diego Union-Tribune | 23 days 14 hours 10 minutes ago
OMAHA, Neb. Berkshire Hathaway Inc. has sold almost 1.
Citi leads sector lower after market gains reverse - MarketWatch
MarketWatch | 21 days 18 hours 6 minutes ago
Furthermore, Bloomberg News reported on Monday that Citi and rival J.P. Morgan Chase are hoarding cash. The move, the news service reported, may help strengthen the financial system, but will likely provide little benefit to shareholders.
Con-way third-quarter profit slides - MarketWatch
MarketWatch | 20 days 13 hours 57 minutes ago
CNW
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.) | 23 days 15 hours 1 minute 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.
Arby s Beefs Up Relationship with McLane for Texas Market [Press Release]
Business Wire | 6 days 23 hours 26 minutes ago
McLane Foodservice, a division of McLane Company, Inc., today announced that Arby’s Restaurant Group, Inc. has expanded its network with McLane to include food distribution services in Texas and surrounding states. McLane’s Arlington distribution center began servicing 190 restaurants in the Texas market on November 2, 2009.
EU may formally object to Oracle, Sun deal: report - MarketWatch
MarketWatch | 20 days 13 hours 57 minutes ago
After the Bell from MarketWatch Radio Network
Fitch: Proposed Sale of Capmark Svcg Rights to Berkadia Would Not Affect Rtgs of Various CDOs [Press Release]
Business Wire | 39 days 18 hours 57 minutes ago
In Fitch Ratings view, the sale and transfer of Capmark Finance Inc.'s (Capmark) servicing rights to Berkadia Commercial Mortgage LLC (Berkadia) would not adversely impact Fitch's ratings of the liabilities of the collateralized debt obligations (CDOs) listed below:
Zacks Analyst Blog Highlights: Dell Inc., Berkshire Hathaway, Burlington Northern Santa Fe Corporation, JPMorgan Chase and Wells Fargo [Press Release]
Business Wire | 15 hours 26 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Dell Inc. (Nasdaq: DELL), Berkshire Hathaway (NYSE: BRK.A), Burlington Northern Santa Fe Corporation (NYSE: BNI), JPMorgan Chase (NYSE: JPM) and Wells Fargo (NYSE: WFC).
GM board decides not to sell Opel: reports - MarketWatch
MarketWatch | 20 days 13 hours 57 minutes ago
After the Bell from MarketWatch Radio Network
Fitch Ratings says Berkshire Hathaway of imperiled investments with Burlington Northern deal
Star Tribune (Minneapolis-St. Paul, Minn.) | 18 days 16 hours 3 minutes ago
CHICAGO - Fitch Ratings warned Thursday that Berkshire Hathaway Inc.'s deal for Burlington Northern Santa Fe Corp.
A look at banks with government backing of assets - MarketWatch
MarketWatch | 20 days 13 hours 56 minutes ago
Warren Buffett s bet on the Burlington Northern Santa Fe is the kind of big, bold move any 19th-century American capitalist would have loved -- and understood.
China property sales boost likely before year-end - MarketWatch
MarketWatch | 20 days 13 hours 56 minutes ago
Conversely, such concerns have pressured shares of Chinese property developers traded in Shanghai, Shenzhen and Hong Kong over the past few days and were continuing to weigh on them Tuesday.
E.U. overhaul on verge of passage after ruling - MarketWatch
MarketWatch | 20 days 13 hours 55 minutes ago
Former KGB spy Shabtai von Kalmanovic is shot dead by gunmen near the office of Russian Prime Minister Vladimir Putin. Courtesy of Reuters.
GM decides not to sell Opel - MarketWatch
MarketWatch | 20 days 13 hours 56 minutes ago
SAN FRANCISCO (MarketWatch) -- General Motors said late Tuesday that it decided not to sell Opel due to an improving business environment over the past several months. It will also restructure its European operations in "earnest" at a cost of about 3 billion euros ($4.4 billion), the automaker said in a statement. "GM will soon present its restructuring plan to Germany and other governments and hopes for its favorable consideration," said Fritz Henderson, GM's president and chief executive.
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 |