News Tag: Berkshire Hathaway
March 2, 2010
Respected US billionaire investor Warren Buffett has said the problems in the US property market will be over within a year.
In his annual letter to shareholders in Berkshire Hathaway, the investment group controlled by Mr Buffett, he said prices will remain 'far below bubble levels' for the medium term.
He added: "People thought it was good news a few years ...
Buffett confident of US housing market recovery
by Kay Murchie
November 17, 2009
Berkshire Hathaway, the investment group controlled by respected US billionaire investor Warren Buffett, has revealed its latest investments.
Seventy-nine year old Buffett is often referred to as the ‘Oracle of Omaha’ and is one of the most successful investors in history and therefore any investments made by his company are closely monitored.
The investment vehicle said it held 3.4 million American depositary ...
Berkshire Hathaway’s investments revealed in SEC filing
by Kay Murchie
November 9, 2009
Berkshire Hathaway, the investment group controlled by respected US billionaire investor, Warren Buffett, has recovered from its poor performance in 2008 and announced a surge in net profit.
The group said net profit was $3.2 billion (£1.9 billion) in the three months to September, compared to $1.1 billion in the same period a year earlier.
Seventy-nine year old Buffett is often ...
Berkshire Hathaway recovers and sees Q3 profits treble
by Kay Murchie
September 24, 2008
Berkshire Hathaway has bought a stake in American bank, Goldman Sachs, as part of an injection of cash which will see the group raise $7.5 billion (£4 billion).
The investment vehicle, which is run by US billionaire investor Warren Buffett, came to an agreement to buy $5 billion of preferred stock in a private offering. The stock will ...
Goldman Sachs receives cash injection from US billionaire Warren Buffett
by Kay Murchie
