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Tag: Berkshire Hathaway

Why Warren Buffett ‘votes’ Occidental Petroleum

Why Warren Buffett ‘votes’ Occidental Petroleum Why Warren Buffett ‘votes’ Occidental Petroleum

Famed investor Warren Buffett is steadily increasing his stake in Occidental Petroleum in what could end up being the biggest acquisition he’s ever made. Berkshire Hathaway on Friday won approval to buy up to 50% of the shares. Some investors believe this is a step toward a full takeover, which could ultimately cost more than […]

Berkshire Hathaways: Losses of $43.8B in Q2 – Operating Profits Improved

Berkshire Hathaways: Losses of $43.8B in Q2 – Operating Profits Improved Berkshire Hathaways: Losses of .8B in Q2 – Operating Profits Improved

A slide in U.S. stock prices punished Berkshire Hathaway’s bottom line in the second quarter, as billionaire Warren Buffett’s company posted a $43.8 billion loss, Reuters reported. Still, Berkshire saw an improvement in operating results, as income from insurance and BNSF railroad offset a loss from auto insurer Geico. Quarterly operating profit rose 39% to […]

Warren Buffett ‘bought the fall’ in oil

Warren Buffett ‘bought the fall’ in oil Warren Buffett ‘bought the fall’ in oil

With oil prices falling this month, billionaire investor Warren Buffett has made new energy stock purchases as investment group Berkshire Hathaway bought shares in Occidental Petroleum worth about $ 500 million this week. Buffett’s Berkshire Hathaway bought about 9.5 million shares of Occidental shares last week for a total of $ 530 million, according to […]

Global 2000: Berkshire Hathaway ‘dethroned’ JPMorgan from the top of the US

Global 2000: Berkshire Hathaway ‘dethroned’ JPMorgan from the top of the US Global 2000: Berkshire Hathaway ‘dethroned’ JPMorgan from the top of the US

By Isabel Contreras In a year of intense instability due to the global pandemic, which was exacerbated by war conflicts and supply chain disruptions, American companies have managed to continue on the path of growth. Forbes publishes the 20th annual Global 2000 list, which ranks the world’s largest listed companies by market value, sales, profits […]

Decreased profits for Warren Buffett’s Berkshire Hathaway in the first quarter of 2022

Decreased profits for Warren Buffett’s Berkshire Hathaway in the first quarter of 2022 Global 2000: Berkshire Hathaway ‘dethroned’ JPMorgan from the top of the US

LAST UPDATE: 17:23 Warren Buffett’s Berkshire Hathaway net income was $ 5.46 billion, or $ 3.702 per share, up from $ 11.71 billion, or $ 7.638 per share, a year earlier, according to data released today by company. Berkshire Hathaway spent more than $ 51 billion on equities, including a much larger stake in Chevron. […]

Buffett’s Berkshire Hathaway acquired a 11.4% stake in HP

Buffett’s Berkshire Hathaway acquired a 11.4% stake in HP Berkshire Hathaways: Losses of .8B in Q2 – Operating Profits Improved

Warren Buffett’s Berkshire Hathaway revealed on Wednesday that it had bought nearly 121 million shares of HP Inc. stock, according to foxbusiness.com. Berkshire acquired the shares this week during a series of trades, according to Reuters. With this investment, Berkshire acquires an approximately 11.4% stake in HP, valued at approximately $ 4.2 billion. The company’s […]

Berkshire Hathaway: Acquires Alleghany for $ 11.6 billion

Berkshire Hathaway: Acquires Alleghany for $ 11.6 billion Berkshire Hathaway: Acquires Alleghany for $ 11.6 billion

Warren Buffett’s Berkshire Hathaway has entered into a $ 11.6 billion deal to acquire real estate insurance company and Alleghany Corp. accidents, the companies announced. The offer of $ 848.02 per share is 1.26 times higher than its book value on December 31 and is a premium of 29% compared to the average price of […]

USA: Berkshire Hathaway stock reaches $ 500,000

USA: Berkshire Hathaway stock reaches $ 500,000 Berkshire Hathaways: Losses of .8B in Q2 – Operating Profits Improved

Billionaire investor Warren Buffett’s Berkshire Hathaway stock surpassed $ 500,000 for the first time today, reflecting the company’s status as a defensive stock in a market shaken by events in Ukraine and a rally in inflation, according to Reuters. The company climbed to 500,023 at the day’s highs, to finally close at $ 493,785 with […]

Benjamin Moore: The dispute between W. Buffett’s company and the president of PAS Giannina

Benjamin Moore: The dispute between W. Buffett’s company and the president of PAS Giannina Benjamin Moore: The dispute between W. Buffett’s company and the president of PAS Giannina

By George Lampiris The presence of the well-known paint company Benjamin Moore in Greece is evolving into a puzzle for strong solvers. This is because despite the fact that the side of the American company Benjamin Moore & Co, has proceeded to the unilateral termination of the contract with its former partner, George Christovasilis, and […]

Buffett’s Berkshire Hathaway capitalization hit record high – Over $ 700 billion

Buffett’s Berkshire Hathaway capitalization hit record high – Over $ 700 billion Buffett’s Berkshire Hathaway capitalization hit record high – Over $ 700 billion

Berkshire Hathaway’s post-New Year rally owned by billionaire Warren Buffett has led the investment group to a new all-time high of more than $ 700 billion, and “in touch” with its $ 1 trillion mark. dollars. Shares of Berkshire Hathaway added 1.8% on Friday, recording gains for the fifth consecutive session, as investors continue to […]