Searched for
JIM SHANAHAN
Berkshire Hathaway's profits rise 17% as Warren Buffett prepares to step down as CEOThe profits of Warren Buffett 's company improved 17% thanks to a relatively mild hurricane season and more paper investment gains this yea...
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 surprises by slashing Berkshire Hathaway's longtime Apple stake in 2nd quarterBuffett has consistently lavished praise on Apple CEO Tim Cook, who attended Berkshire's annual meeting in Omaha in May, and talked about t...
NFL awards ceremony: How and where to watch, schedule, list of finalistsEmmy Award-winning actor and comedian Keegan-Michael Key will host the 13th NFL Honors award ceremony. The event will feature major NFL awa...
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 ...
Buffett’s Berkshire appetite surpasses cash spent on Apple stockBerkshire spent nearly $20 billion more repurchasing its own stock since the middle of 2018 than it deployed accumulating its Apple stake t...
Warren Buffett's Berkshire Hathaway reports $12 billion profit in March quarterThe conglomerate said that besides the investment gains, profit also improved at all of its major divisions.
Warren Buffett's Berkshire rebounds from pandemic's depths, buys back more stockA 20% increase in first-quarter operating profit suggests that the Omaha, Nebraska-based conglomerate may already have suffered the worst e...
Berkshire's bet a bright spot in gloomy year for Big Pharma stocksSo far in 2020, the S&P 500 pharmaceutical industry index has gained 0.6%, versus an 11.7% gain for the overall S&P 500, and an 8.8% gain f...
Warren Buffett's Berkshire suffers in pandemic even as Apple boosts profitThird-quarter operating profit fell 32% to $5.48 billion, or about $3,488 per Class A share, from $8.07 billion a year earlier.
Warren Buffett is carefully picking his spots and not waiting on the sidelines anymoreBuffett said in early May that he was keeping cash high to be prepared for any direction the pandemic might turn and wasn’t overly attracte...
US studying ASAT, advises other nations against similar testsIndia, however, played down risk of debris from the ASAT conducted by the country on Wednesday.
Donald Trump considering former Democratic Senator Jim Webb for defense secretary: ReportThe New York Times said Jim Webb could potentially allow Trump to bypass "more hawkish Republicans whose names have been floated to replace...
As Warren Buffett’s cash hits $111 billion, buyback debate intensifiesBerkshire’s second-quarter results released on Saturday didn’t detail how many of its shares it was willing to repurchase, or at what price...
Warren Buffett nears a milestone he doesn't want: $100 billion in cashBerkshire on Friday reported that it held just shy of $100 billion in cash at the end of Q2.
Warren Buffett's $86 billion cash pile stokes hopes of a huge deal“A $100 billion deal seems possible” given the cash on hand, said Richard Cook, an investment manager in Birmingham, Alabama.
- NFL-National Football League roundup
FOOTBALL-NFL/ROUNDUP:NFL-National Football League roundup
Buffett is sitting on more cash than ever, sparking speculation what he will buy nextOver the past five decades, he’s built the Omaha, Nebraska-based company into a sprawling conglomerate through dozens of acquisitions and s...
Warren Buffett's Berkshire Hathaway shares head for worst annual fall since 2011Shares have slumped 5.2 per cent since December 31 and are headed for their first annual decline since 2011.
- US Inc can reclaim research tax credit
Hewlett-Packard and CA are among the companies that will soon be able to reclaim a research tax credit they have sought for a decade becaus...