Berkshire Hathaway Inc.
News and overview for Berkshire Hathaway Inc.
S&P may downgrade Berkshire Hathaway AAA rating - MarketWatch
MarketWatch | 3 days 18 hours 25 minutes ago
S&P may downgrade Berkshire Hathaway AAA rating
Berkshire Hathaway, Burlington Northern in focus - MarketWatch
MarketWatch | 4 days 21 hours 55 minutes ago
See Indications
Berkshire Hathaway says 3Q profit triples to $3.2B
Yahoo! | 1 hour 47 minutes ago
OMAHA, Neb. – Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating businesses struggled.
Berkshire quarterly net income more than doubles - MarketWatch
MarketWatch | 1 day 13 hours 41 minutes ago
Washington events for Nov. 9 - 13
Berkshire says quarterly net profit surges - MarketWatch
MarketWatch | 1 day 13 hours 11 minutes ago
Warren Buffett is paying a hefty premium for rail company Burlington Northern. Dow Jones Investment Banker's John Morris discusses the deal with Arindam Nag.
Berkshire to borrow billions for Burlington deal - MarketWatch
MarketWatch | 1 day 11 hours 44 minutes ago
Warren Buffett is paying a hefty premium for rail company Burlington Northern. Dow Jones Investment Banker's John Morris discusses the deal with Arindam Nag.
Baby Berkshire split may put shares in S&P 500 - MarketWatch
MarketWatch | 4 days 16 hours 49 minutes ago
However, Berkshire created smaller Class B shares -- sometimes known as Baby Berkshire stock -- to keep investment firms away from smaller investors who wanted a piece of the action, but didn't have $100,000 to put to work. That stock is worth roughly one-thirtieth of the Class A shares.
Berkshire Hathaway RR Buy Puts Insurer Units Under Best Scrutiny
National Underwriter | 1 day 15 hours 39 minutes ago
A.M. Best said concerns about Berkshire Hathaway Inc.'s plans to buy Burlington Northern Santa Fe railroad have led it to put the company's insurance subsidiaries' ratings under review.
Buffett gives up Berkshire stock to buy Burlington - MarketWatch
MarketWatch | 4 days 15 hours 22 minutes ago
Berkshire couldn't do an all-cash deal, Buffett told The Wall Street Journal, adding that the offer was all he could afford to pay.
Fitch may downgrade Berkshire on Burlington deal - MarketWatch
MarketWatch | 2 days 17 hours 22 minutes ago
Dec. gold rises to $1,089.3/oz by floor close
Berkshire to borrow $8B to pay for Burlington - MarketWatch
MarketWatch | 1 day 12 hours 40 minutes ago
Updates, advisories and surprises
Berkshire rises as it makes biggest buy ever - MarketWatch
MarketWatch | 4 days 20 hours 19 minutes ago
Berkshire on Tuesday said it is spending $44 billion to buy out railroad operator Burlington Northern Santa Fe, sealing the biggest acquisition in the company's history in what the famed investor called "an all-in wager on the economic future of the United States." See full story on Buffett's latest acquisition.
Berkshire buys Burlington Northern - MarketWatch
MarketWatch | 4 days 22 hours 53 minutes ago
"Our country's future prosperity depends on its having an efficient and well-maintained rail system," Buffett said in a press release. "Conversely, America must grow and prosper for railroads to do well. He added, "Most important of all, however, it's an all-in wager on the economic future of the United States. I love these bets."
Berkshire Hathaway Inc. to Acquire Burlington Northern Santa Fe Corporation (BNSF) for $100 Per Share in Cash and Stock [Press Release]
Business Wire | 4 days 23 hours 42 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 approves 50-for-1 Class B stock split - MarketWatch
MarketWatch | 4 days 23 hours 17 minutes ago
Tenet loses a penny a share in quarter
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 |