Warren Buffett’s Berkshire Hathaway Earnings Drop 77% in Q3
Warren Buffett’s company, Berkshire Hathaway, has announced a staggering 77% drop in Q3 earnings to $1.06 billion, as a result to a $1.05 billion investment loss, and declining insurance profits...
View ArticleWarren Buffett’s Berkshire Hathaway Takes on $250M Tiffany & Co Debt
Billionaire investor Warren Buffett’s Berkshire Hathaway has just purchased $125 million of eight-year bond notes and an additional $125 million in ten-year bond notes from luxury jewelry maker Tiffany...
View ArticleBerkshire Hathaway Reports Biggest Loss Ever, Only Second Loss in its History
Warren Buffett’s Berkshire Hathaway has just reported the worst earnings in its entire 44-year history [2008 Annual Report PDF]. In 2008, the net worth of the company declined by $11.5 billion, taking...
View ArticleWarren Buffett to up stake in BYD Chinese electric carmaker
The most successful investor in the world, Warren Buffett, has announced his investment firm, MidAmerican (part of Berkshire Hathaway), would increase its financial stake in the Chinese automobile...
View ArticleWarren Buffett ups stake in top reinsurer Munich Re
The world’s top reinsurer, Munich Re, has announced today that U.S. billionaire investor Warren Buffett has increased his financial stake in the intermediary. Buffett now owns 3.045-percent of Munich...
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