Berkshire Hathaway News
Berkshire’s Q3 Buoyed by Investment Gains as Reinsurance Earnings Decline
While overall net income for Berkshire Hathaway more than doubled in the third quarter on the strength of more than $5 billion in investment gains, operating earnings from insurance businesses fell ...
Warren Buffett Still Seeking Global Companies to Buy for Berkshire Hathaway
Billionaire investing icon Warren Buffett said on Tuesday there are dozens of countries in which his sprawling Berkshire Hathaway Inc conglomerate would be interested in buying new businesses. ...
U.S. Railroads May Escape Risky Freight Obligations if They Miss Jan. 1 Safety Deadline
U.S. railroads may not be obligated under federal law to carry freight including crude oil and hazardous materials from Jan. 1 if they fail to meet a year-end deadline for implementing new train ...
Berkshire Hathaway Hints Another New Purchase May Be Coming
Warren Buffett's Berkshire Hathaway Inc on Friday said it boosted its stake in cable TV operator Charter Communications Corp, and signaled it may have another large investment planned after agreeing ...
S&P Negative Watch For Berkshire Hathaway Hits Nearly 1,000 Muni Bonds
Municipal bonds from California to Puerto Rico may lose their second-best credit rating from Standard & Poor's after the company put Berkshire Hathaway Inc. and its core insurance units on a ...
S&P: Berkshire Hathaway Risks Ratings Cut Over $37.2B Acquisition
News this week that Berkshire Hathaway Inc. plans to spend $37.2 billion to acquire Precision Castparts Inc. is troubling Standard & Poor's. The ratings stalwart placed the company and its ...
GEICO, Reinsurance Losses Drove Down Berkshire Hathaway’s Q2 Profit
Warren Buffett's Berkshire Hathaway Inc. said second-quarter profit missed analysts' estimates because higher claims costs fueled an underwriting loss at the insurance segment. Net income dropped 37 ...
Warren Buffett’s 50th Year Running Berkshire Hathaway Marred By Stock Slump
Berkshire Hathaway Inc. shares traded near record highs at the beginning of Warren Buffett's 50th year running the company. More recently, the stock has begun to sag. Shares have slumped 5.2 percent ...