The best days of super-cheap money are over
Jun 13, 2013 at 00:57 | Source:
NEW YORK (MarketWatch) — Call it the great re-rebalancing. In the years following the financial crisis, a grand, sweeping narrative took root in global investment circles. It held that investment flows were undertaking a reallocation that was cent...
Column: The threat to the central-bank brand
Jun 10, 2013 at 08:02 | Source:
As corporate executives know, brand management is a tricky affair, especially when popular sentiment overshoots The �branding� of modern central banking started in the United States in the early 1980s under then-Federal Reserve Board Chairman Pa...
Berkshire India to stop online sale of insurance products
Jun 09, 2013 at 22:47 | Source:
The Hindu BusinessLine
New Delhi, June 9: Tough times call for hard decisions. Warren Buffett-controlled Berkshire India has decided to close down its online distribution portal —www.BerkshireInsurance.com — later this year. This has been conveyed to existing ...
Warren Buffett charity lunch sold for $1 million-plus
Jun 08, 2013 at 22:11 | Source:
OMAHA: The annual charity auction of a private lunch with billionaire investor Warren Buffett went for just more than $1 million, a bargain price compared to past years for an opportunity to sit down with one of the world's most successful philanthr...
3G Capital shuffles CEOs on completion of Heinz deal
Jun 08, 2013 at 16:00 | Source:
New York: Ketchup maker H J Heinz Co has started a new chapter. The company, which also makes baked beans, vinegar and pasta sauce, said that it completed its acquisition by Warren Buffett's Berkshire Hathaway and 3G Capital, the Brazilian in...
Warren Buffett utility deal may signal big push to invest cash
Jun 06, 2013 at 00:46 | Source:
MidAmerican Energy Holdings Co, a core part of Warren Buffett's sprawling business empire, is becoming a favorite way for the "Oracle of Omaha" to invest the billions of dollars of cash on Berkshire Hathaway Inc's balance sheet. The unit's $5.6 bill...
Buffett’s buying banks, but beware
Jun 04, 2013 at 23:57 | Source:
SAN FRANCISCO (MarketWatch) — Warren Buffett once said “risk comes from not knowing what you’re doing.” So, before investors follow his lead into buying banks stocks, they might want to consider just what Buffett is buying through his invest...
3 value stocks the smart money is buying now
Jun 04, 2013 at 17:02 | Source:
SAN FRANCISCO (MarketWatch) — Value investors are known for their conviction, buying beaten-down stocks others have tossed in the garbage bin and sticking with those companies through thick and thin. Click to Play June poised for a strong start WS...
Berkshire's MidAmerican to pay $5.6 bn for NV Energy
May 31, 2013 at 17:07 | Source:
A Berkshire Hathaway unit is acquiring NV Energy, which supplies electricity to power-hungry Las Vegas and its casinos, in a $5.6-billion deal. According to Berkshire's MidAmerican Energy Holdings Co, it would buy NV Energy for $23.75 per share, a 2...
Wall St ends up on optimism Fed stimulus to remain
May 31, 2013 at 03:15 | Source:
NEW YORK (Reuters) - U.S. stocks rose on Thursday, rebounding from the previous session's losses, as tepid economic data eased concerns the U.S. Federal Reserve would begin to gradually scale back its policy of stimulating growth.The day's gain put t...
Stocks to watch: MidAmerican deal lifts NV Energy
May 30, 2013 at 17:52 | Source:
NEW YORK (MarketWatch) — NV Energy Inc., a power utility with a market cap of $4.7 billion, overshadowed its larger peers on Thursday in premarket trade. The company announced that it is being bought by Berkshire Hathaway’s MidAmerican Energy Ho...
Berkshire's Abel Builds Buffett Energy Unit With Purchase
May 30, 2013 at 16:00 | Source:
Greg Abel, who helped build Berkshire Hathaway Inc. (BRK/A)'s utility business MidAmerican Energy Holdings Co., is showing that he's earned the trust of his boss, Warren Buffett, after striking a $5.6 billion deal for NV Energy Inc. (...
Buffett's MidAmerican to Buy NV Energy in $5.6 Billion Deal
May 30, 2013 at 04:00 | Source:
MidAmerican Energy Holdings Co., the power-production unit at Warren Buffett's Berkshire Hathaway Inc. (BRK/A), agreed to buy NV Energy Inc. for about $5.6 billion in cash to expand in Nevada. The unit will pay $23.75 per share, 23 percent mo...
Buffett buys power firm that serves Las Vegas' casinos for $5.6 bln
May 30, 2013 at 03:32 | Source:
Berkshire Hathaway Inc's power production unit MidAmerican Energy will pay $5.6 billion for NV Energy Inc , the electric utility that serves Las Vegas and its power-hungry casinos.MidAmerican Energy Holdings Co will purchase NV Energy's common stock ...
NV Energy shares jump on Berkshire buy
May 30, 2013 at 02:47 | Source:
SAN FRANCISCO (MarketWatch) — NV Energy Inc. shares jumped late Wednesday on news that a Berkshire Hathaway Inc. subsidiary is buying the Las Vegas-based electricity and natural-gas utility for about $10 billion. NV Energy (NYSE:NVE) shares rall...
Europe stocks slump as OECD cuts growth outlook
May 29, 2013 at 19:12 | Source:
LONDON (MarketWatch) — European stock markets dropped on Wednesday, after the OECD cut the outlook for global growth and warned that exiting monetary-easing programs puts stability in the bond markets at risk. The Stoxx Europe 600 index (STX:XX:SX...
Five stocks both Buffett and insiders like
May 28, 2013 at 23:22 | Source:
We track quarterly 13F filings from hundreds of hedge funds and other notable investors, including Warren Buffett's holding company Berkshire Hathaway, in order to get potential investment ideas. We also go through individual managers' filings in se...
Greenlight Capital’s top 5 stock picks
May 28, 2013 at 23:22 | Source:
In mid May, Greenlight Capital, the hedge fund managed by billionaire David Einhorn and his team, filed its 13F with the SEC disclosing many of its long equity holdings as of the end of March. We track Greenlight's moves alongside those of hundreds ...
5 of D.E. Shaw's largest holdings
May 28, 2013 at 23:02 | Source:
Several weeks after the end of each quarter, hedge funds and other major investors file their 13Fs with the SEC to disclose many of their long equity positions in U.S. stocks as of the end of the previous quarter. Even though the information in 13Fs...
With his magic touch, Warren Buffett may be irreplaceable for Berkshire
May 22, 2013 at 16:11 | Source:
Acquisitions usually come with a nice premium for the seller. But when Warren E. Buffett is the buyer, there is typically something of a discount. The ability to make acquisitions on favorable terms is a testament to Buffett's personality and skills ...