Warren Buffett defended his issuance of $10.6 billion of Berkshire Hathaway Inc stock as part of this month's acquisition of Burlington Northern Santa Fe Corp -- even as he admitted that issuing stock is as much fun as preparing for a colonoscopy.
IBT Staff Reporter
Feb 27, 2010
Warren Buffett's Berkshire Hathaway Inc said fourth-quarter profit surged, helped by derivatives bets tied to global stock markets, though operating profit fell 40 percent as the weakened economy weighed on several businesses.
IBT Staff Reporter
Feb 27, 2010
Warren Buffett has said the hundreds of billions of dollars of taxpayer-funded bailouts of corporate America will eventually pay off.
IBT Staff Reporter
Feb 27, 2010
Warren Buffett's Berkshire Hathaway Inc said fourth-quarter profit surged, helped by improved results from derivatives bets tied to global stock markets, though operating profit fell 40 percent as the weakened economy weighed on several businesses.
IBT Staff Reporter
Feb 27, 2010
Berkshire Hathaway Inc, Warren Buffett's insurance and investment company, reported a higher fourth-quarter profit, helped by improved results from investments and derivatives.
IBT Staff Reporter
Feb 27, 2010
Unlike many corporate chiefs, Warren Buffett often plays down the prospects of his company Berkshire Hathaway Inc , while trying to keep investors focused on the long term.
IBT Staff Reporter
Feb 25, 2010
BYD Co Ltd, a Chinese car and battery maker founded by China's wealthiest man and backed by U.S. billionaire Warren Buffett, aims to boost its car exports this year as it feeds what it hopes will be improving demand in a recovering global economy.
IBT Staff Reporter
Feb 23, 2010
China's BYD Co Ltd , backed by U.S. billionaire Warren Buffett, aims to sharply boost its car exports this year, banking on improving demand as the global economy recovers, an executive said on Tuesday.
IBT Staff Reporter
Feb 23, 2010
Swiss Re was more confident it could repay a costly convertible loan from Warren Buffett after strengthening its capital and returning to the black in 2009.
IBT Staff Reporter
Feb 18, 2010
Warren Buffett's Berkshire Hathaway Inc reported lower stakes in ConocoPhillips, Johnson & Johnson and Procter & Gamble Co in the fourth quarter.
IBT Staff Reporter
Feb 17, 2010
There's only one Warren Buffett to go around, and non-U.S. investors will get less of him this year.
IBT Staff Reporter
Feb 16, 2010
Kraft Foods Inc quarterly revenue fell short of Wall Street expectations, but said its $18.4 billion takeover of Cadbury Plc would accelerate long-term growth.
IBT Staff Reporter
Feb 16, 2010
Warren Buffett's train has left the station, and millions of investors are joining him for the ride.
IBT Staff Reporter
Feb 12, 2010
Burlington Northern Santa Fe Corp shareholders approved the No. 2 U.S. railroad company's takeover by Berkshire Hathaway Inc, clearing the way for the largest acquisition of billionaire investor Warren Buffett to be completed on Friday.
IBT Staff Reporter
Feb 12, 2010
U.S. investor Warren Buffett has become the biggest single shareholder in the world's largest reinsurer Munich Re and could soon hold 7 percent of the company.
IBT Staff Reporter
Feb 12, 2010
Stock index futures pointed to a mostly lower open for U.S. shares on Friday, following strong gains in the previous session, as a pledge by European leaders to support Greece eased worries about a crisis in the euro zone.
IBT Staff Reporter
Feb 12, 2010
Former Treasury Secretary Henry Paulson and billionaire investor Warren Buffett, from different sides of the political spectrum, expressed support on Tuesday for the U.S. government's aggressive steps in 2008 to keep the nation's banks and economy from a complete meltdown.
IBT Staff Reporter
Feb 09, 2010
Former Treasury Secretary Henry Paulson and billionaire investor Warren Buffett, from different sides of the political spectrum, expressed support on Tuesday for the U.S. government's aggressive steps in 2008 to keep the nation's banks and economy from a complete meltdown.
IBT Staff Reporter
Feb 09, 2010
International Dairy Queen, the ice cream retailer owned by Warren Buffett's Berkshire Hathaway Inc, said on Tuesday that it planned in 2010 to open its first stores in Egypt and Macau.
IBT Staff Reporter
Feb 09, 2010
Food giant Kraft Foods and Warren Buffett's Berkshire Hathaway sold $17.5 billion in debt on Thursday, braving a suddenly weak corporate bond market to finance major acquisitions, market sources said.
IBT Staff Reporter
Feb 04, 2010
Standard & Poor's on Thursday stripped Warren Buffett's Berkshire Hathaway Inc of its top AAA rating, saying its acquisition of Burlington Northern Santa Fe will hurt liquidity and capital adequacy.
IBT Staff Reporter
Feb 04, 2010
Moody's Corp , parent of credit-rating agency Moody's Investors Service, forecast 2010 earnings below Wall Street expectations and warned of rising compliance costs, sending its shares down more than 4 percent.
IBT Staff Reporter
Feb 04, 2010
