MEDIAGENERAL:Berkshire Hathaway to buy Media General newspapers
Avon Products Inc on Sunday said it told Coty Inc that it would consider the smaller company's USD 10.7 billion takeover bid and it expected to respond within a week.
It's not everyday you can find people to take the opposite side of a trade from Warren Buffett and Bill Gates, but then gold is not your average trade.
After April's weak jobs report, investors will scrutinize each piece of economic data for a read on whether the economy`s soft patch is temporary or the start of something more troubling.
Warren Buffett said on Saturday he would not buy shares of technology giants Apple Inc or Google Inc but would not sell them short, and said International Business Machines Corp is a better investment for his company Berkshire Hathaway Inc .
Warren Buffett says that his recently diagnosed Stage One prostate cancer hasn't changed Berkshire Hathaway's succession plans at all.
Berkshire Hathaway Chairman and CEO Warren Buffett said Berkshire Hathaway's succession plans have not changed, despite his diagnosis of stage one prostate cancer.
Berkshire Hathaway Inc Chief Executive Warren Buffett said he has stage 1 prostate cancer and will begin a two-month treatment in mid-July consisting of daily radiation treatments.
POSCO, the world's third-largest steelmaker, sees an improving global steel market in the next three months, after bottoming out this quarter, and is considering reducing price discounts as the recovery takes hold.
Addressing the much-talked about succession plan at Berkshire Hathaway, legendary investor Warren Buffett on Saturday said the sprawling conglomerate has identified his successor.
Warren Buffett's Berkshire Hathaway reported taking a 1.48% stake in John Malone's Liberty Media in the fourth quarter, nearly enough to make Berkshire a top-10 shareholder.
Berkshire Hathaway increased its exposure to media companies significantly in the fourth quarter, adding a new position in Liberty Media and substantially raising its stake in DirecTV , according to a regulatory filing on Tuesday.
It's rare for Warren Buffett to be challenged publicly, but one analyst -- tongue planted firmly in cheek -- took the "Oracle of Omaha" to task on Friday for a bit of perceived financial community favoritism.
Billionaire investor Warren Buffett buys newspapers every day, the hometown daily included, but on Wednesday he dispensed with the single-issue price and bought the whole company instead.
According to Warren Buffett, Europe's debt crisis had shown up a 'major flaw' in the 17-member euro zone system and it would take more than words to fix it.
Octogenarian billionaire investor Warren Buffett arrived on his first visit to Japan on Monday, fanning speculation about his possible investments in the country's battered stock market.
Warren Buffett said his Berkshire Hathaway Inc has accumulated a 5.5%stake in IBM, the billionaire investor's biggest bet in the technology field he has historically shunned.
Warren Buffett launched a share buyback program at Berkshire Hathaway Inc for the first time in 40 years that poses the question of how best to deploy the cash a profitable company generates and how investors might respond.
Berkshire Hathaway Inc expanded its succession plan for Warren Buffett on Monday, saying Virginia fund manager Ted Weschler will join the company early next year to help oversee its investments.
Berkshire Hathaway Inc expanded its succession plan for Warren Buffett on Monday, saying Virginia fund manager Ted Weschler will join the company to help oversee its investments from early next year.
Warren Buffett showed again that his name and money is enough to give a struggling company instant credibility in the market. But the legendary investor also demonstrated his canny command of that reputation means that such deals can immediately generate profits.
Major stock averages fell on Thursday as traders were quick to shed positions ahead of a keenly awaited address by Federal Reserve Chairman Ben Bernanke on Friday.
Warren Buffett's Berkshire Hathaway will invest USD 5 billion in Bank of America, stepping in to shore up the company in the same way he helped prop up Goldman Sachs during the financial crisis.
Warren Buffett has a Chinese car problem, and he may be tempted to fix it himself -- at a cost of billions of dollars.
Warren Buffett has been buying amid this week's sharp declines in the market, and has not yet seen anything that suggests another downturn is emerging, the legendary investor told Fortune magazine.