News Tag: Warren Buffett
March 2, 2010
The Rics European Housing Review 2010 has revealed a mixed bag for European house prices.
The Royal Institution of Chartered Surveyors (Rics) found that only five countries reported growth in house prices - with the UK being one of them - rising by 1% in 2009.
Norway led the way with a 12% gain during 2009, while Finland, Sweden and ...
Handful of countries see house price growth in 2009
by Kay Murchie
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 25, 2008
US billionaire investor, Warren Buffett, has described the current financial turmoil as 'an economic Pearl Harbour'.
Buffett, who is one of the world’s richest men, and US Federal Reserve chief, Ben Bernanke, are urging US Congress to quickly approve the $700 billion (£380 billion) financial rescue plan or risk serious consequences to the US economy.
Meanwhile, President George ...
Congress urged to act quickly to approve $700bn financial rescue plan
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
May 6, 2008
Berkshire Hathaway, the investment group controlled by US billionaire Warren Buffett, is rumoured to be a possible buyer of the insurance arm of Royal Bank of Scotland (RBS).
Speaking at the annual meeting of his Berkshire Hathaway investment group over the weekend, Mr Buffett said that his business was close to buying a medium-sized British company and would look at the ...
US billionaire investor eyeing RBS insurance operation
by Kay Murchie
