May 01, 2021 06:17 PM IST
Berkshire Hathaway's Operating profit increased to $7.02 billion, from $5.87 billion a year earlier.
- Nov 09, 2020 07:17 PM IST
Warren Buffett's Berkshire Hathaway Inc reported lower quarterly operating profit amid the coronavirus pandemic. Third-quarter operating profit fell 32% to $5.48 billion, from $8.07 billion a year earlier
- Nov 09, 2020 01:21 PM IST
Third-quarter operating profit fell 32 percent to $5.48 billion, or about $3,488 per Class A share, from $8.07 billion a year earlier.
- May 02, 2020 07:14 PM IST
Quarterly operating profit, which Buffett considers a better performance measure, rose 6 percent to $5.87 billion from $5.56 billion.
- Jul 01, 2019 08:58 PM IST
Berkshire said Buffett's 14th annual donation comprises about 16.81 million Class "B" shares of Berkshire.
- Aug 27, 2018 10:43 PM IST
Billionaire Chairman Warren Buffett's assistant, Debbie Bosanek, confirmed Berkshire's investment in India's One97 Communications Ltd in an email. She said Buffett was not involved in the transaction.
- May 06, 2018 08:28 AM IST
Talking about cryptocurrencies, Buffett said they’re non-productive assets and will come to bad endings
- Dec 19, 2017 08:33 AM IST
Crossing the $300,000 threshold put Berkshire’s Class A shares up 22.9 percent for the year, compared with a 20 percent gain in the Standard & Poor’s 500.
- Jul 07, 2017 10:45 AM IST
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.
- Jun 29, 2017 07:50 AM IST
Bank of America on Wednesday boosted its annual dividend 60 percent to 48 cents per share from 30 cents, beginning in the third quarter.
- Jun 23, 2017 07:45 AM IST
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.
- Apr 20, 2017 09:40 AM IST
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.
- Feb 15, 2017 07:52 AM IST
In a regulatory filing, Berkshire reported owning 57.4 million shares of Apple as of Dec. 31, which would now be worth USD7.74 billion, up from just from 15.2 million shares in the iPhone maker three months earlier.
- Nov 15, 2016 12:52 PM IST
Buffett's Berkshire Hathaway Inc. invested USD 797 million in American Airlines, USD 249 million in Delta Air Lines and USD 237 million in United Continental Holdings, according to a regulatory filing reviewed Monday by AFP.
- May 16, 2016 10:11 PM IST
Berkshire held 9.81 million Apple shares worth USD 1.07 billion as of March 31, according to a regulatory filing detailing most stock holdings of Buffett's Omaha, Nebraska-based conglomerate.
- May 14, 2016 12:49 PM IST
Berkshire Hathaway Inc Chairman Warren Buffett is backing a consortium vying for Yahoo Inc's internet assets that includes Quicken Loans Inc founder Dan Gilbert, people familiar with the matter said on May 13
- May 02, 2016 07:56 AM IST
Buffett presided over his 51st Berkshire annual meeting in Omaha, Nebraska, where he and Vice Chairman Charlie Munger fielded five hours of questions on such matters as Coca-Cola's sugary drinks, lower shipping volumes on the BNSF railroad, risks from derivatives, and who might succeed Buffett as chief executive.
- Mar 29, 2016 10:25 AM IST
Berkshire owns 506.3 million shares of Wells Fargo, worth about USD 24.7 billion, mainly through subsidiaries, according to filings with the US Securities and Exchange Commission.
- Jul 07, 2015 09:06 AM IST
The 10th annual donation, Buffett's largest, comprised 20.64 million Class "B" shares of Berkshire, and increased Buffett's total contributions to the charities to more than USD 21.5 billion.
- May 16, 2013 08:37 PM IST
Credit-rating agency Standard & Poor's on Thursday cut its rating on Berkshire Hathaway Inc , the insurance and industrial conglomerate controlled by billionaire investor Warren Buffett, one notch, citing the company's reliance on its insurance operations for dividend income.
- May 05, 2013 10:36 PM IST
Short-seller Douglas Kass, Warren Buffett's handpicked bear, raised a concern on the minds of many shareholders at the "Woodstock for capitalists" this weekend: Has Berkshire Hathaway Inc become so big that it will find it hard to grow?
- Mar 26, 2013 10:21 PM IST
Goldman Sachs Group Inc will give Berkshire Hathaway Inc millions of shares in the bank in place of warrants that date to the financial crisis, a deal that saves Berkshire money upfront and reduces dilution risk for Goldman.
- May 21, 2012 09:56 AM IST
Barely a day went by at the insider-trading trial of multimillionaire hedge-fund founder Raj Rajaratnam a year ago without mention of Rajat Gupta, a boldface name in business and charity circles.
- May 15, 2012 10:29 AM IST
Global beauty firm Avon Products Inc has said it will consider fragrance maker Coty Inc's takeover bid and its board expects to respond to the proposal within a week.
- Apr 18, 2012 02:52 AM IST
Berkshire Hathaway Inc's Warren Buffett disclosed on Tuesday that he has stage one prostate cancer but said his condition "is not remotely life-threatening or even debilitating in any meaningful way."