News on Berkshire Hathaway Inc.

Symetra falls as analysts begin coverage

2010-03-03T14:03:44Z

<div id="subtitle">Shares of recent IPO Symetra Financial decline as analysts begin coverage</div><div><p>Symetra Financial Corp. shares dipped Wednesday as several investment banks began coverage of the insurance company at "Neutral" or similar ratings.</p><p>The Bellevue, Wash. based company operates four main businesses: ...

Buffett offers few hints about successors

2010-03-01T05:00:17Z

<div id="subtitle">Warren Buffett says Berkshire's managers and board will protect company once he's gone</div><div><p>Billionaire Warren Buffett says once he is gone, Berkshire Hathaway Inc.'s managers and board members will make sure the company continues to be run as it has been because they believe it is special.</p><p>T...

Berkshire completes acquisition of BNSF railroad

2010-02-22T09:47:41Z

<div id="subtitle">Buffett's Berkshire Hathaway completes BNSF railroad deal for nearly $27B in cash and stock</div><div><p>Warren Buffett's company completed its largest acquisition ever Friday when it bought Reuters) - Berkshire Hathaway Inc &lt;BRKb.N&gt; shares gained at the open on Friday as investors were optimistic about the stock's coming addition to the S&amp;P 500 index &lt;.SPX&gt; after the close.</p><p>The stock opened 0.7 percent high...

Burlington shareholders approve sale to Berkshire

2010-02-22T10:07:00Z

<div id="subtitle">Burlington shareholders approve $26.3 billion sale to Warren Buffett's Berkshire Hathaway</div><div><p>Burlington Northern Santa Fe Corp. shareholders have approved the railro...

S&P cuts Berkshire's rating, cites Burlington deal

2010-02-22T11:51:10Z

<div id="subtitle">S&amp;P lowers Berkshire Hathaway's 'AAA' rating, citing effects from Burlington Northern purchase</div><div><p>Standard &amp; Poor's has followed through on its warning and lowered Berkshire Hathaway Inc.'s long-term c...

Berkshire won't issue stock when joining S&P 500

2010-02-22T14:30:48Z

<div id="subtitle">Buffett's Berkshire Hathaway won't issue additional stock when it joins S&amp;P stock indexes</div><div><p>Berkshire Hathaway Inc. won't issue additional stock when it joins the S&amp;P 500 and S&amp;P 100 stock indexes.</p><p>Warren Buffe...

Buying into Buffett

2010-01-26T16:30:43Z

Investor Warren Buffett gestures during an interview prior to a special Berkshire Hathaway shareholders meeting in Omaha, Neb., Wednesday, Jan. 20, 2010. Berkshire shareholders have approved splitting the company's Class B shares 50-for-1 as part of the company's $26.3 bi...

Berkshire Hathaway S and P

2010-01-26T16:16:21Z

FILE - In this Jan. 20, 2010 file photo, investor Warren Buffett gestures during an interview prior to a special Berkshire Hathaway shareholders meeting in Omaha, Neb. Standard & Poor's will add Warren Bu...

Symetra prices IPO at bottom of expected range

2010-02-22T16:34:51Z

<div id="subtitle">Symetra Financial prices IPO at $12 each, bottom of expected range, raising $364.8 million</div><div><p>The most anticipated IPO of the year, Symetra Financial, priced its stock at the bottom of its expected range for $12 apiece.</p><p>Symetra already has a big backer in Warren Buffett says US economy is suffering from past excesses and won't recover quickly</div><div><p>Billionaire investor Warren Buffett says he's still not sure when the economy will recover, but he expects the rebound to be slow because American consumers remain uneasy.</p><p&gt...

Berkshire Hathaway Stock Split

2010-01-20T13:17:08Z

Swiss Re gets $1.27B in Warren Buffett deal

2010-02-22T18:44:47Z

<div id="subtitle">Swiss Reinsurance transfers part of US life insurance business to Warren Buffett for $1.27B</div><div><p>Swiss Reinsurance Co. said Monday it transferred part of its U.S. life insurance business to American investor Warren Buffett's Berkshire Hathaway announces $1B debt offering to pay off current notes</div><div><p>Billionaire Warren Buffett's Berkshire Hathaway Inc. on Wednesday filed documents for a $1 billion debt offering with proceeds to retire existing debt due this year.</p><p>Th...

Kraft Cadbury Buffett

2010-01-05T06:30:47Z

FILE - In this May 2, 2009 file photo, Warren Buffett, CEO of Berkshire Hathaway walks the exhibit floor where Berkshire subsidiaries display their products, prior to the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett's Berkshire Hathaway Inc. said Tuesday, Jan. 5, 2010, it voted against food mak...

Berkshire opposes Kraft issuing shares for deal

2010-02-23T01:10:56Z

<div id="subtitle">Berkshire Hathaway votes no on Kraft proposal to issue 370 million shares</div><div><p>Billionaire Warren Buffett's Berkshire Hathaway Inc. said Tuesday it voted against Kraft Inc.'s proposal to issue 370 million shares to finance its ...

China says to subsidize buyers of green cars

2010-02-23T17:30:47Z

<div><p>SHANGHAI (Reuters) - China will subsidize sales of green vehicles in five cities selected for a pilot programme as the government steps up efforts to promote environmentally friendly vehicles in a bid to cut fuel emissions.</p><p>A statement on the main government website (www.go...

Buffett's Berkshire gets FTC OK for BNSF purchase

2010-02-23T19:33:07Z

<div id="subtitle">Buffett's Berkshire Hathaway gets FTC antitrust clearance to buy railroad operator BNSF</div><div><p>Warren Buffett's Berkshire Hathaway Inc. said Monday that the Federal Trade Commission ended a r...

Buffett's Berkshire secures $8B loan for BNSF deal

2010-02-24T03:05:26Z

<div id="subtitle">Berkshire Hathaway lines up $8B loan to help pay for $26.3B acquisition of BNSF railroad</div><div><p>Warren Buffett's company has lined up an $8 billion loan to help pay for its $26.3 billion acquisition of ExxonMobil stake, cuts holdings in ConocoPhillips</div><div><p>Billionaire Warren Buffett's company bought a nearly $60 million stake in Exxon Mobil Corp., trimmed holdings in oil ri...