The deal is a bold bet by Buffett that he can win approval for the acquisition from Texas regulators, after they blocked two earlier attempts to sell Oncor, one of the largest U.S. power-transmission networks, to other companies.
Bank of America on Wednesday boosted its annual dividend 60 percent to 48 cents per share from 30 cents, beginning in the third quarter.
Berkshire Hathaway Inc's commitment to provide financing to Home Capital Group Inc , Canada's largest nonbank lender, marks the billionaire's latest effort to shore up a company in desperate need of cash, or at least his full-throated support.
To beat volatility, the best strategy for investors is to stay with high-quality stocks in the portfolio.
Speaking on CNBC television, Buffett said, "It's a defect of mine" that he doesn't focus as closely on the efficiency of business units at Berkshire Hathaway Inc, the conglomerate he has run since 1965.
Buffett and Berkshire Vice Chairman Charlie Munger taught and entertained shareholders as they answered more than five hours of questions at the meeting.
The key learning here for an investor from the patience Buffett is showing with the Berkshire riches is the willingness to wait for the right opportunity to buy rather than climb into a market rally.
In a big global exclusive, Warren Buffett, Chairman of Berkshire Hathaway spoke with CNBC from the sidelines of the Berkshire Hathaway AGM.
Billionaire investor Warren Buffett and Berkshire Hathaway Vice Chairman Charlie Munger are answering five hours of questions from shareholders, journalists and analysts at Berkshire's 52nd annual meeting in Omaha, Nebraska.
Speaking at Berkshire's annual shareholders' meeting in Omaha, Buffett said his federal income taxes last year would have gone down 17 percent had the new law been in effect.
Watch accompanying videos of Berkshire Hathaway's 52nd annual meet wherein the oracle of Omaha is addressing the shareholders.
The Berkshire Hathaway Annual Shareholders Meeting will be held on 6 May.
India’s market cap to GDP is relatively lower than the US where the ratio stands at 148 percent, followed by Japan (131 percent), UK (118 percent), Korea (101 percent), and while for China this ratio stands at 62 percent.
Warren Buffett says he's sold about a third of the 81 million shares he holds in IBM, sending the stock sharply lower before the opening bell.
IBM has lost the confidence of one of its biggest investors, Berkshire Hathaway Chairman and CEO Warren Buffett.
Wells Fargo's board is facing a threat at a shareholder meeting next week because proxy advisers are telling shareholders not to support many of them. The opposition is related to a scandal wherein employees created up to 2 million accounts in customers' names without their permission.
Warren Buffett described the Mcap/GDP ratio as the single best measure of where valuations stand at any given moment.
If we follow Buffett, some of the fundamental factors support the Indian aviation sector too. There is no gainsaying that India remains an attractive market which has been growing at a healthy clip - passenger growth has remained above 20 percent for the 13th consecutive month.
On 30-year US Treasury bonds, Buffett said: "It absolutely baffles me who buys the 30-year bond" and that doing so was not sensible at current yields. US 30-year government bonds last yielded 2.964 percent.
It is a mark of Warren Buffett‘s smart investment choices over the years that whenever he decides to pass on his wisdom, value investors are all ears.
Billionaire investor Warren Buffett told CNBC on Monday he would judge President Donald Trump after four years, first and foremost, by how safe the US has been kept.
Berkshire Hathaway released the 2016 annual letter to its shareholders written by its legendary chairman Warren Buffett.
Billionaire investor Warren Buffett used his annual letter today to laud immigrants and their contribution to the growth of the US economy amid President Donald Trump's anti-immigrant stance.
Warren Buffett, widely considered one of the world's best investors, is likely to tout the merits of passive investing this weekend to readers of his annual letter to Berkshire Hathaway shareholders.