Business Standard

Page 3 - Berkshire Hathaway

Bill Gates steps down from Microsoft board; former AmEx CEO to replace him

Berkshire knows Chenault well, having long been American Express' largest shareholder, and ending 2019 with an 18.7% stake in the travel and financial services company.

Bill Gates steps down from Microsoft board; former AmEx CEO to replace him
Updated On : 14 Mar 2020 | 10:42 PM IST

Buffett's Berkshire Hathaway to sell newspaper unit for $140 million

Lee has been managing the papers for Buffett's company since 2018, and Berkshire is loaning Lee the money for the purchase.

Buffett's Berkshire Hathaway to sell newspaper unit for $140 million
Updated On : 30 Jan 2020 | 2:07 AM IST

Buffett's Berkshire Hathaway Q3 profit down 11% on flat investment values

Berkshire is sitting on a pile of more than $128 billion cash because Buffett has struggled to find major acquisitions for the company

Buffett's Berkshire Hathaway Q3 profit down 11% on flat investment values
Updated On : 02 Nov 2019 | 9:50 PM IST

Warren Buffett's worst year since 2009 splits investors ahead of Q3 results

Ackman's stake in Berkshire, disclosed in August, is a bullish bet

Warren Buffett's worst year since 2009 splits investors ahead of Q3 results
Updated On : 02 Nov 2019 | 2:56 AM IST

Warren Buffett donates $3.6 billion of Berkshire stock to five foundations

That brings the total amount of stock he's given the foundations to about $34 billion since he made the pledge in 2006, according to a statement Monday

Warren Buffett donates $3.6 billion of Berkshire stock to five foundations
Updated On : 01 Jul 2019 | 11:20 PM IST

Warren Buffett drops a fresh hint on Berkshire Hathaway successor

Buffett, 88, was pressed by questions - each greeted with a torrent of applause - about who would succeed him

Warren Buffett drops a fresh hint on Berkshire Hathaway successor
Updated On : 06 May 2019 | 3:45 AM IST

Berkshire Hathaway finally bought shares of Amazon, says Warren Buffett

The purchase marks a U-turn for Berkshire, where Buffett has long praised the leadership of Amazon Chief Executive Jeff Bezos

Berkshire Hathaway finally bought shares of Amazon, says Warren Buffett
Updated On : 03 May 2019 | 7:45 AM IST

Warren Buffett says Berkshire Hathaway overpaid for Kraft Heinz

The comments were a rare admission of error by the 88-year-old billionaire on a major investment at his Omaha, Nebraska-based conglomerate

Warren Buffett says Berkshire Hathaway overpaid for Kraft Heinz
Updated On : 26 Feb 2019 | 1:36 AM IST

Falling stocks, Kraft Heinz trigger huge Berkshire Hathaway loss

Buffett also released his annual letter to Berkshire shareholders, which did not discuss Kraft Heinz's recent travails

Falling stocks, Kraft Heinz trigger huge Berkshire Hathaway loss
Updated On : 23 Feb 2019 | 11:26 PM IST

Berkshire invests in JPMorgan, Oracle as Warren Buffett puts cash to work

The Nebraska-based conglomerate spent $17.7 billion on equities in the quarter ended September

Berkshire invests in JPMorgan, Oracle as Warren Buffett puts cash to work
Updated On : 15 Nov 2018 | 10:59 AM IST

Sitting on cash pile, nowhere to invest, Berkshire buys back $928 mn shares

A slump in Berkshire shares over the past month raises the question of whether Buffett will buy back more stock

Sitting on cash pile, nowhere to invest, Berkshire buys back $928 mn shares
Updated On : 04 Nov 2018 | 1:07 PM IST

It's not me, it's Berkshire: Buffett says his firm's name will outlast him

Berkshire often makes large investments in times of panic, when its stable capital and not the Buffett name, is the allure, he said

It's not me, it's Berkshire: Buffett says his firm's name will outlast him
Updated On : 06 May 2018 | 8:55 AM IST

Tax law gives Warren Buffett's Berkshire Hathaway a big boost in value

Warren Buffett got a $29-billion boost to net earnings in the fourth quarter from the tax code changes.

Tax law gives Warren Buffett's Berkshire Hathaway a big boost in value
Updated On : 25 Feb 2018 | 8:30 PM IST

Berkshire's CEO succession raises interest in Buffett letter

Themes Buffett may address, along with the company's future leadership, include the recent US tax overhaul, underwriting challenges affecting the insurance business

Berkshire's CEO succession raises interest in Buffett letter
Updated On : 23 Feb 2018 | 3:18 AM IST

Warren Buffett's Berkshire Hathaway buys Teva, sells 94% of its IBM stake

Berkshire also nearly completed its yearlong exit from International Business Machines Corp (IBM), selling more than 94 per cent

Warren Buffett's Berkshire Hathaway buys Teva, sells 94% of its IBM stake
Updated On : 15 Feb 2018 | 9:16 PM IST

Berkshire promotes potential Buffett successors Gregory Abel, Ajit Jain

Speculation that Abel and Jain were the top candidates grew after Munger singled them out as "world-leading" performers

Berkshire promotes potential Buffett successors Gregory Abel, Ajit Jain
Updated On : 11 Jan 2018 | 3:25 AM IST

Berkshire's quarterly earnings hit by hurricanes

A surge in insurance claims led to the third consecutive quarterly underwriting loss

Berkshire's quarterly earnings hit by hurricanes
Updated On : 05 Nov 2017 | 1:22 AM IST

Berkshire profit advances 15% to $6.29 billion on investments

Berkshire has been a major beneficiary of the rally in stocks since Trump was elected US president

Berkshire profit advances 15% to $6.29 billion on investments
Updated On : 26 Feb 2017 | 1:05 AM IST

Berkshire sued for siphoning workers' compensation

Berkshire has been sued over an alleged illegal scheme

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Updated On : 14 Sep 2016 | 1:21 AM IST

Berkshire profit jumps 25%

Berkshire's businesses represent a cross-section of the economy and provide Buffett, 85, with a steady stream of cash for more investments

Berkshire profit jumps 25%
Updated On : 06 Aug 2016 | 9:35 PM IST