Warren Buffett sees no chance of ‘eye-popping’ results with record cashBerkshire Hathaway Inc’s cash hoard jumped to a record at $167.6 billion in the fourth quarter as the conglomerate struggled to find deals ...
24 Feb, 2024, 09.30 PM IST
New York judge rules against Alibaba in Squishmallows counterfeit sales lawsuitA New York court ruled against Alibaba in a lawsuit brought by a U.S. toymaker over alleged counterfeit sales of Squishmallows on Alibaba's...
28 Dec, 2023, 10.22 PM IST
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...
28 Dec, 2023, 07.56 AM IST
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...
13 May, 2023, 10.47 PM IST
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...
13 May, 2023, 03.44 PM IST
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 ...
02 Mar, 2023, 03.46 PM IST
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 ...
25 Feb, 2023, 08.25 PM IST
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...
17 May, 2022, 07.18 AM IST
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...
05 May, 2022, 10.54 AM IST
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" ...
01 May, 2022, 09.11 AM IST
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...
12 Apr, 2022, 06.44 AM IST
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.
08 Apr, 2022, 06.34 AM IST
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...
07 Apr, 2022, 11.36 AM IST
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...
07 Apr, 2022, 09.48 AM IST
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...
22 Mar, 2022, 07.00 AM IST
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...
21 Mar, 2022, 04.49 PM IST
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...
13 Mar, 2022, 08.56 PM IST