Berkshire Hathaway Inc.
News and overview for Berkshire Hathaway Inc.
Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
CNBC | 7 days 1 hour 46 minutes ago
Executive Producer Warren Buffett's Berkshire Hathaway increased its holdings of the big discount retailer Wal-Mart by almost 90 percent during the summer, adding almost 18 million shares currently worth almost $1 billion.
Olive: Buffett bites off more than Berkshire can chew - thestar.com
Toronto Star, The | 12 days 9 hours 5 minutes ago
Now, why would a smart guy like Warren Buffett step on his own punch line, as they say of inept public speakers, by making the biggest acquisition of his career at the moment his Berkshire Hathaway Inc. was reporting a spectacular tripling in third-quarter profits?
Fitch: Various Franchise Loan ABS Unaffected by Capmark Ch. 11 [Press Release]
Business Wire | 25 days 6 hours 22 minutes ago
The Chapter 11 bankruptcy of Capmark Financial Group Inc. (Capmark), along with the potential subsequent sale and servicing transfer, will not adversely impact ratings on franchise loan asset-backed securities (ABS) serviced by Capmark, according to Fitch Ratings:
Berkshire Hathaway says profit triples to $3.2 billion
Los Angeles Times | 16 days 23 hours 53 minutes ago
OMAHA, Neb. -- Warren Buffett's company said today that its third-quarter profit tripled as the improving economy and stock market boosted the value of Berkshire Hathaway Inc.'s derivative contracts.
Berkshire Hathaway says 3Q profit triples to $3.2B by The Associated Press
National Public Radio | 17 days 3 minutes ago
Warren Buffett's company said Friday that its third-quarter profit tripled as the improving economy and stock market boosted the value of Berkshire Hathaway Inc.'s derivative contracts.
Research and Markets: This Report Provides in-Depth Company Profiles for Insurance Companies Ranked in the 2009 Fortune Global 500 List [Press Release]
Business Wire | 14 days 11 hours 31 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/f97bb2/insurance_2009_for) has announced the addition of the "Insurance 2009 Fortune Global 500 Databank - Company Profiles" company profile to their offering.
Warren Buffett's Berkshire Hathaway to buy Burlington Northern, No. 2 railroad in U.S.
Oakland Tribune (Calif.), The | 20 days 2 hours 8 minutes ago
NEW YORK Warren Buffett'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.
Buffett's Berkshire profit triples
Houston Chronicle | 17 days 57 minutes ago
Billionaire investor Warren Buffett's Berkshire Hathaway Inc. said third-quarter profit tripled as stock markets advanced and the cost of compensating insurance customers for storm damage dropped.
Berkshire Buys Nestle, Exxon; Ups Wal-Mart Stake
ABC News | 7 days 58 minutes ago
NEW YORK (Reuters) - Billionaire Warren Buffett's Berkshire Hathaway Inc revealed on Monday new investments in Nestle AG and Exxon Mobil Corp , respectively the world's largest food maker and oil company, and that it has nearly doubled its investment in Wal-Mart Stores Inc , the world's largest retailer.
Buffett's Berkshire buying Burlington Northern railroad
Akron Beacon Journal (Ohio) | 20 days 6 hours 30 minutes ago
NEW YORK: Warren Buffett's Berkshire Hathaway Inc. today agreed to buy Burlington Northern Santa Fe Corp.
Buffett adds rails to his investment 'masterpiece'
Centre Daily Times (State College, Pa.) | 20 days 2 hours 6 minutes ago
OMAHA, Neb. Billionaire Warren Buffett likes to compare his company to a masterpiece that he's been painting for nearly five decades, and the deal he announced Tuesday will permanently alter the color of Berkshire Hathaway Inc.'s portrait.
S&P may downgrade Berkshire, which is being sued by investors
Salt Lake Tribune (Utah), The | 16 days 56 minutes ago
New York » Standard & Poor's is warning that Warren Buffett's bid for Burlington Northern Santa Fe Corp. could sap the liquidity and capital position of the legendary investor's insurance operations at Berkshire Hathaway Inc., jeopardizing the company's AAA rating.
Berkshire Hathaway will buy out Burlington Northern Santa Fe
American City Business Journals | 20 days 2 hours 5 minutes ago
Warren Buffett’s Berkshire Hathaway Inc. will buy the shares it doesn’t already own of railway company Burlington Northern Santa Fe Corp.
UPDATE 1-Berkshire buys Nestle, Exxon; ups Wal-Mart stake
Reuters | 7 days 51 minutes ago
NEW YORK, Nov 16 (Reuters) - Billionaire Warren Buffett's Berkshire Hathaway Inc (BRKa.N)(BRKb.N) revealed on Monday new investments in Nestle AG (NESN.VX)(NSRGY.PK) and Exxon Mobil Corp (XOM.N), respectively the world's largest food maker and oil company, and that it has nearly doubled its investment in Wal-Mart Stores Inc (WMT.N), the world's largest retailer.
Warren Buffett's Berkshire Portfolio Snapshot Coming Later Today
CNBC | 7 days 4 hours 38 minutes ago
Warren Buffett's Berkshire Hathaway is due to release its third quarter stock portfolio 'snapshot' later today (Monday).
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 |