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ALLEGHANY INSURANCE
Warren Buffett’s long goodbye: 3 years of selling, $382 billion in cash as clock ticks on his Berkshire tenureWarren Buffett ends his six-decade tenure at Berkshire Hathaway as a cautious investor, selling more stocks and amassing a record Rs 382 bi...
Berkshire Hathaway to pay $9.7 billion for OxyChem, potentially Warren Buffett's last big dealBerkshire Hathaway is acquiring Occidental Petroleum's chemical division, OxyChem, for $9.7 billion, a deal potentially marking a leadershi...
Warren Buffett and Berkshire Hathaway at a glanceWarren Buffett, 94, and his successors will address Berkshire Hathaway shareholders at the annual meeting in Omaha. The event, broadcast on...
Alibaba must face lawsuit in US over counterfeit SquishmallowsU.S. District Judge Jesse Furman in Manhattan said Kelly Toys, whose parent Jazwares is owned by billionaire Warren Buffett's Berkshire Hat...
Profits at Warren Buffett's firm reach $36B as stocks surge and its insurance holdings perform wellBut Buffett has long said that those bottom-line figures can be misleading because of the big swings in the paper value of its investments ...
How TikTok sensation Squishmallows found Warren BuffettSquishmallows joined Warren Buffett's business empire two years after Lady Gaga, Kim Kardashian and others helped make the plush stuffed to...
How TikTok sensation Squishmallows found Warren BuffettIn 2014, seeking help in expanding, the Zeberskys sold a stake in Jazwares to Alleghany, which took a majority stake two years later. Terms...
How Buffett turned a few calls into 3,787,464%The acquisition sparked Buffett’s love affair with “float.” His biographer Alice Schroeder remarks: “To someone like Buffett, having other ...
Warren Buffett's Berkshire Hathaway posts record annual operating profitFourth-quarter operating profit fell 8% due to foreign currency losses and lower gains from investments. Berkshire also bulked up its cash ...
Warren Buffett's firm reports $2.7 billion loss on investment dropBerkshire Hathaway reported a quarterly loss Saturday of $2.7 billion, or $1,832 per Class A share. That's down from a $10.3 billion profit...
Warren Buffett's Berkshire buys Citigroup and several other stocks, slashes VerizonBerkshire also finally exited Wells Fargo & Co, a 33-year-old investment that Buffett soured on after finding it too slow to address revela...
Buffett's Berkshire buys more Occidental shares, boosts stake to 15.2%Following the purchases, Berkshire owned about 142.3 million Occidental shares worth approximately $8.8 billion, plus $10 billion of prefer...
Warren Buffett reveals big investments, rails against Wall St excess at Berkshire meetingBuffett said Berkshire, long faulted for holding too much cash, boosted its combined stakes in oil company Chevron Corp and "Call of Duty" ...
Warren Buffett needed two weeks for $11.6 bn Alleghany purchase, balked at Goldman feeBuffett, 91, has long objected to the costs of doing business on Wall Street. He rarely uses investment banks at Berkshire, relying on 98-y...
HP shares zoom 15% after Buffett reveals $4.2 billion stakeShares of HP closed up $5.15, or 14.8%, at $40.06, after earlier rising to $41.46.
Warren Buffett's Berkshire reveals stake in HP; shares surge almost 10%The investment gives Berkshire a roughly 11.4% stake in HP, worth about $4.2 billion based on the personal computing and printing company's...
Warren Buffett spots value in this sector but Indian investors ignoring itBuffett is a known proponent of buying what he understands, and if there is one industry he knows very well, it is the insurance sector. So...
Warren Buffett ends 6-year drought of large acquisitions"Berkshire will be the perfect permanent home for Alleghany, a company that I have closely observed for 60 years," Buffett, who has run Ber...
Warren Buffett deepens insurance bet with $11.6 bln Alleghany dealAlleghany adds to Berkshire's already large insurance portfolio, which includes Geico auto insurance, General Re reinsurance and a unit tha...
Biggest stock splits to look forward to in the USStock splits have become less common over the years. But rapidly progressing companies still announce a split every once in a while for sev...