Feb 27, 2017 11:49 AM IST
Berkshire Hathaway released the 2016 annual letter to its shareholders written by its legendary chairman Warren Buffett.
- Feb 26, 2017 12:52 PM IST
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.
- Feb 25, 2017 11:37 AM IST
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.
- Jan 20, 2017 09:54 PM IST
American International Group Inc has agreed to pay roughly USD 10.2 billion to Warren Buffett's Berkshire Hathaway Inc to take on many long-term risks on US commercial insurance policies it has already written.
- Jul 21, 2016 07:48 PM IST
Billionaire investor Warren Buffett told CNBC on Thursday that companies should stop issuing earnings guidance because it can lead to "a lot of malpractice" and "bad results."
- Jan 15, 2016 08:14 AM IST
In total, during the six days, Berkshire has bought just over 5 million shares of the company at an average price of USD 76.58 per share.
- Dec 02, 2015 08:14 AM IST
Zuckerberg, 31, who will control the new initiative and remain in charge of the world's largest online social network, said he would sell or give up to USD 1 billion in shares in each of the next three years.
- Sep 30, 2015 10:02 AM IST
Bill Gates held onto the number-one spot in the annual list of the 400 wealthiest Americans for the 22nd straight year, with net worth of USD 76 billion, down USD 5 billion from 2014.
- Sep 08, 2015 09:46 PM IST
"We're still on that path we've been on for six years," the chairman and CEO of Berkshire Hathaway said on CNBC's "Squawk Alley." "That's not a bad rate, but it's not a booming rate, either."
- Aug 10, 2015 07:59 PM IST
Warren Buffett's Berkshire Hathaway Inc said it would buy aerospace parts maker Precision Castparts Corp in a USD 37.2 billion deal, its biggest ever, taking it out of the market for another big acquisition for now.
- Aug 08, 2015 03:08 PM IST
Stocks closed out the past week with losses, and look set for another week of choppiness, as oil moves closer to its 2015 lows and the commodities crush shows no signs of abating.
- May 05, 2015 07:49 AM IST
Wall Street ended higher on Monday as corporate earnings came in better than feared, although shares of McDonald's declined after the fast-food chain's turnaround plan left investors wanting more.
- May 04, 2015 10:00 PM IST
Buffett said he has no idea when the Fed might move. "They've fooled me so far. So I've been wrong," he said.
- May 04, 2015 08:58 AM IST
Renowned value investor Parag Parikh was killed in a car accident in Omaha, Nebraska, in the US Sunday, where he was attending the annual shareholder meeting of Warren Buffett's Berkshire Hathaway corporation.
- Apr 16, 2015 11:47 AM IST
The study, which is an analysis of CEO salaries at the 100 largest public US companies as measured by revenue, puts Microsoft's Indian-origin chief Satya Nadella on the top with a pay package of USD 84.3 million (Rs 525 crore) a year.
- Mar 03, 2015 08:52 AM IST
Buffett has long been a critic of so-called alternative investing, a category that includes hedge and private equity funds, among others. The reason is the cut they take for their services, which can make billions of dollars for the managers but far less for clients, according to the man sometimes called "The Oracle of Omaha."
- Mar 02, 2015 08:42 AM IST
Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday, written with his usual mix of business facts, common-sense advice and showmanship. This year marks the 50th anniversary of Buffett's time heading the sprawling conglomerate.
- Mar 02, 2015 08:36 AM IST
Warren Buffett wants to buy more businesses to add to Berkshire Hathaway Inc's "sprawl," but cautioned it may not keep the company he has run for 50 years from evolving into something rarely used to describe it up until now: average.
- Mar 01, 2015 12:27 PM IST
While Buffet stopped short of naming his successor, company Vice Chairman Charles Munger named Jain and Abel, who heads Berkshire's energy business, while talking about possible successors to Buffett.
- Dec 10, 2014 01:24 PM IST
Nicholas Woodman, GoPro Founder, CEO and Chairman was ranked second on the list as he along with his spouse donated USD 497.5 million to Silicon Valley Community Foundation. Eight of the top 10 donations of 2014 were made by American philanthropists
- Nov 14, 2014 01:43 PM IST
Eveready Industries India gained 2.5 percent after Buffett's Berkshire Hathaway agreed to buy Procter & Gamble Co's Duracell battery unit.
- Mar 04, 2014 01:02 PM IST
One problem for any successor is that Buffett, by dint of his long stewardship of Berkshire and the outperformance he has delivered over most of the past half century, has the freedom to make mistakes or underperform the stock market in ways that could cost other CEOs their jobs.
- Mar 03, 2014 06:10 PM IST
Buffet said that we was neither wildly optimistic nor wildly pessimistic regarding the economic recovery in the US.
- Mar 02, 2014 12:30 PM IST
According China-based research firm Hurun's 2014 global rich list, Mukesh Ambani was ranked 41st in the list that was topped by Bill Gates, whose personal networth stood at a whopping USD 68 billion
- Feb 25, 2014 08:50 AM IST
In an excerpt of his annual letter to shareholders published online by Fortune on Monday, Buffett used a 1986 purchase of a farm located 50 miles north of Omaha to support his case about simple, diversified and low-cost investing.