Aug 17, 2020 07:52 AM IST
Shares of Barrick have benefited from rising gold prices, which set a record last week, and rose 3.2 percent in after-hours trading following Berkshire’s disclosure.
- Aug 16, 2020 08:28 AM IST
In a regulatory filing detailing its US-listed investments as of June 30, Berkshire also disclosed a new 20.9 million share investment worth $563.6 million in Toronto-based Barrick Gold Corp, one of the world’s largest mining companies.
- Aug 08, 2020 07:31 PM IST
Berkshire said it also took a $513 million charge on its 26.6 percent stake in Kraft Heinz Co, which on July 30 took writedowns on several of its businesses, including its Maxwell House and Oscar Mayer brands.
- Jul 10, 2020 09:18 PM IST
Ambani is the only Asian tycoon in the exclusive club of the world’s top 10 richest people last month, which began in 2012
- Jul 06, 2020 07:46 AM IST
The transaction announced on Sunday includes more than 7,700 miles (12,390 km) of natural gas transmission lines and 900 billion cubic feet of gas storage.
- Jul 03, 2020 08:47 PM IST
Only a few weeks after Berkshire Hathaway bought what looked like an upstanding example of German engineering prowess, a manager in Warren Buffett's widely admired corporate empire received an unsettling email. The case showed that even Buffett, one of the shrewdest investors in the world, can be hoodwinked
- Jun 08, 2020 03:06 PM IST
“He’s been right his whole life, but sometimes even somebody like Warren Buffett—I have a lot of respect for him—make mistakes," Trump said
- May 07, 2020 11:55 AM IST
Warren Buffett once again showed investors as to how one can cut losses and preserve cash. The investing phenomenon is dynamic in nature and usually changes over a period of time based on the prevailing trend.
- May 04, 2020 10:39 PM IST
At Berkshire Hathaway's annual shareholder meeting for 2020, the Oracle of Omaha had one key thing to say-- bet on America.
- May 03, 2020 07:43 AM IST
During Berkshire Hathaway's AGM, Warren Buffett said that the 'American miracle' was intact and urged investors to never bet against the United States.
- May 03, 2020 07:26 AM IST
The conglomerate had held sizeable positions in the airlines, including an 11 percent stake in Delta Air Lines, 10 percent of American Airlines Co, 10 percent of Southwest Airlines Co and 9 percent of United Airlines at the end of 2019, according to its annual report and company filings.
- Apr 27, 2020 08:58 AM IST
This is not the first time the billionaire investor has come in crosshairs with environmental activists. In 2016, he was strongly criticised by environmental advocacy groups for his claims that climate change will be a manageable and profitable risk for the insurance industry.
- Apr 06, 2020 08:27 AM IST
On Feb 27, Buffett's company had scooped up nearly one million shares of Delta Air Lines at $46.40 apiece, taking its total holding to about 71.9 million shares, or about 11.2 percent, of the company.
- Mar 13, 2020 08:05 AM IST
Buffett has done spectacularly well over the past six decades making investment decisions, but it is not unreasonable to wonder if his successors can do the same.
- Mar 04, 2020 01:54 PM IST
The Berkshire Hathaway chief recently scooped up nearly one million shares of Delta Air Lines, which has been in a downward spiral
- Feb 25, 2020 10:45 AM IST
Warren Buffett’s annual letter to shareholders of Berkshire Hathaway provides deep insights into how he and his partner Charlie Munger are thinking about investments.
- Feb 23, 2020 11:46 AM IST
Here's the full text of Warren Buffett’s annual letter to Berkshire Hathaway shareholders in which he has asserted that the company is prepared for his departure as well as that of Charlie Munger
- Feb 22, 2020 09:24 PM IST
"Charlie and I long ago entered the urgent zone. That’s not exactly great news for us. But Berkshire shareholders need not worry: Your company is 100 percent prepared for our departure," Buffett's annual letter read.
- Feb 13, 2020 04:13 PM IST
The long-time business associate of Warren Buffett spoke on a wide array of topics including his scepticism over joining the party on Tesla's scrip, especially in the backdrop of wild swings it has witnessed recently.
- Jan 30, 2020 01:27 PM IST
The deal includes 31 daily newspapers and 49 weeklies.
- Oct 15, 2019 09:38 PM IST
In a letter to his clients, Rolfe cited missed investment opportunities by Buffett during the current bull market as one of the reasons for his frustration.
- Aug 15, 2019 03:15 AM IST
The disclosure was made in a regulatory filing detailing Berkshire's U.S.-listed stocks as of June 30.
- Aug 07, 2019 05:18 PM IST
Berkshire Hathaway is sitting on a record cash pile of $122.38 billion.
- May 08, 2019 10:33 AM IST
While Berkshire has been a phenomenon over the last fifty years, the stock has not beaten the index in the last 10 years
- May 06, 2019 01:52 PM IST
Ajit Jain, who graduated with a BTech degree from IIT Kharagpur joined Berkshire Hathaway in 1986.