Billionaire Warren Buffett’s holding company reported Friday that its net income jumped 12 percent during the first quarter because of strong performances in its insurance and utility divisions. Berkshire Hathaway Inc. said it earned $2.6 billion (euro1.92 billion), or $1,682 …
The mix of companies and investments billionaire Warren Buffett’s company holds makes some people think investing in Berkshire Hathaway Inc. is a bit like buying shares of a mutual fund that emphasizes insurance. But some analysts say that’s not the …
Chief Executive Warren Buffett said he plans to hire a young investment manager to help succeed him at Berkshire Hathaway Inc. as the insurance giant recorded a 29.2 percent jump in net income in 2006, helped by a lack of …
Warren Buffett’s Berkshire Hathaway Inc. has cut its stake in Ameriprise Financial Inc. to 6 percent from 9.8 percent, according to a Monday filing with the Securities and Exchange Commission. Buffett’s firm and its subsidiaries lowered their holdings in the …
With no major catastrophes in this year’s third quarter, billionaire investor Warren Buffett’s Berkshire Hathaway Inc. reported an almost fivefold increase in income from a year earlier when hurricanes Katrina, Rita and Wilma struck. Berkshire earned $2.77 billion (euro2.17 billion), …
Berkshire Hathaway most expensive U.S. stock The most expensive stock in the United States passed a unique plateau, as the price for a Class A share of Warren Buffett’s Berkshire Hathaway Inc. briefly surpassed $100,000. The shares closed up $1,296, …
The most expensive stock in the United States passed a unique plateau, as the price for a Class A share of Warren Buffett’s Berkshire Hathaway Inc. briefly surpassed $100,000. The shares closed up $1,296, or 1.3 percent, at $98,995 on …
Broadway producers call them “angels:” rich people who put up the money to fund their shows. In that sense, Equitas, the Lloyd’s vehicle set up in 1996 to run off a mountain of asbestos and environmental claims, has just found …
General Reinsurance, which is owned by Warren Buffett’s Berkshire Hathaway Inc., said it learned this week that the company is not a target of a federal investigation into the collapse of insurer Reciprocal of America. Officials at General Re received …
The most expensive stock in the United States passed a unique plateau, as the price for a Class A share of Warren Buffett’s Berkshire Hathaway Inc. briefly surpassed $100,000. The shares closed up $1,296, or 1.3 percent, at $98,995 on …
