Berkshire Hathaway Inc.

Berkshire Hathaway Inc. to Acquire Burlington Northern Santa Fe Corporation (BNSF) for $100 Per Share in Cash and Stock [Press Release]
Business Wire | 21 days 2 hours 6 minutes ago
The boards of directors of Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) and Burlington Northern Santa Fe Corporation (BNSF; NYSE: BNI) today announced a definitive agreement for Berkshire Hathaway to acquire for $100 per share in cash and stock the remaining 77.4 percent of outstanding BNI shares not currently owned to increase its holdings to 100 percent. Based on the number of outstanding BNI shares (including shares currently owned by Berkshire) on Nov. 2, 2009, the transaction is valued a...

Berkshire Hathaway Inc. News Release [Press Release]
Business Wire | 17 days 16 hours 31 minutes ago
Berkshire Hathaway Inc. (BRK.A; BRK.B):

Berkshire Hathaway Inc. Board of Directors Approves 50-for-1 Split of Its Class B Common Stock [Press Release]
Business Wire | 21 days 2 hours 5 minutes ago
Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) today announced that its Board of Directors approved a 50-for-1 split of its Class B Common Stock. The stock split is subject to the approval of Berkshire’s shareholders, who must approve an amendment to Berkshire’s certificate of incorporation to increase Berkshire’s total number of authorized shares of common stock, as well as the total number of authorized shares of Class B Common Stock, in order to permit the consummation of this split. Berkshi...

Fitch Places Berkshire Hathaway on Rating Watch Negative [Press Release]
Business Wire | 18 days 20 hours 16 minutes ago
Fitch Ratings has placed the ratings of Berkshire Hathaway Inc. (NYSE:BRK) and the ratings of BRK's insurance subsidiaries on Rating Watch Negative (see full list of ratings below).

Government Extension of Existing Tax Credits, Creation of New Benefits, Positive Step for Residential Real Estate Market, says HomeServices of America, Inc.TM [Press Release]
Business Wire | 14 days 20 hours 47 minutes ago
The extension and expansion of the existing homebuyer tax credit programs are positive steps for the nation’s residential real estate market, says Ron Peltier, Chairman and CEO of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and the nation’s second-largest independent residential real estate brokerage (www.homeservices.com).

A.M. Best Places Ratings of Berkshire Hathaway Inc. s Subsidiaries Under Review with Negative Implications [Press Release]
Business Wire | 17 days 23 hours 30 minutes ago
A.M. Best Co. has placed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the domestic and international property/casualty and life/health subsidiaries of Berkshire Hathaway Inc. (BRK) (Omaha, NE) [NYSE: BRK.A and BRK.B] under review with negative implications. Concurrently, A.M. Best has placed the FSRs of A++ (Superior) and ICRs of “aaa” of National Indemnity Group (National Indemnity) (Omaha, NE) and Government Employers Group (GEICO) (Chevy Chase, MD) and their memb...

Wolf Haldenstein Investigates Burlington Northern Santa Fe Corp. Proposed Acquisition [Press Release]
Business Wire | 20 days 20 hours 43 minutes ago
Attorney Advertising. The law firm of Wolf Haldenstein Adler Freeman & Herz LLP is investigating possible breaches of fiduciary duty by the Board of Directors of Burlington Northern Santa Fe Corp. (“Burlington” or the “Company”) (NYSE:BNI) arising out of the proposed acquisition of Burlington by Berkshire Hathaway, Inc. (“Berkshire”).

Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of Burlington Northern Santa Fe Corp. - BNI [Press Release]
Business Wire | 20 days 5 minutes ago
Levi & Korsinsky is investigating the Board of Directors of Burlington Northern Santa Fe Corp. (“Burlington” or the “Company”) (NYSE: BNI) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Berkshire Hathaway, Inc. (NYSE: BRK). Under the terms of the transaction, Berkshire will acquire the remaining 77.4% of Burlington shares it does not already own in a cash and stock valued at approximately $44 billion. The Compa...

McLane Foodservice Appoints Scott Siers as VP of Business Development [Press Release]
Business Wire | 1 day 36 minutes ago
McLane Foodservice today announced the appointment of Scott Siers as Vice President of Business Development. Scott’s primary objective at McLane will be new business growth.

Warren Buffett is Bullish on America's Future, but Says That a Full Economic Recovery Will Take a While [Press Release]
Business Wire | 25 days 20 hours 39 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.

Arby s Beefs Up Relationship with McLane for Texas Market [Press Release]
Business Wire | 7 days 36 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.

Fitch: Proposed Sale of Capmark Svcg Rights to Berkadia Would Not Affect Rtgs of Various CDOs [Press Release]
Business Wire | 39 days 20 hours 7 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 | 16 hours 36 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).

The Ritz-Carlton Destination Club and Marquis Jet Unveil New Partnership [Press Release]
PRNewswire | 19 days 18 hours 36 minutes ago
...alliance between the two companies. NetJets, a Berkshire Hathaway Inc. company, is the worldwide leader in fractional...Through its exclusive alliance with NetJets, a Berkshire Hathaway Inc. company, Marquis Jet provides the convenience...

Fitch: Capmark Finance Inc.'s Commercial Mortgage Servicer Ratings Remain on Watch Evolving [Press Release]
Business Wire | 28 days 17 hours 46 minutes ago
Fitch Ratings' commercial mortgage-backed securities (CMBS) servicer ratings for Capmark Finance Inc. (Capmark) remain on Rating Watch Evolving as follows: