Zacks Gives Berkshire Hathaway Outperform Rating

In a report released on Wednesday, Zacks recently restated their outperform rating on Berkshire Hathaway shares. The current price objective on the stock according to Zacks is $153 for Class B shares. An analyst at Zacks wrote, “Berkshire Hathaway’s first-quarter earnings missed the estimates by a couple of pennies. Despite the earnings miss, we retain …

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Buffett Sells Shares of Tesco

Billionaire investor Warren Buffett has pared down his shares of the ailing Tesco by roughly 30%. After reading information about Berkshire Hathaway, we learned that the investment company sold off around 115 million shares of this large retailer in 2013. This is actually 35 million shares more than previously reported. He still owns a little …

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Buffett & Berkshire Hathaway Year in Review 2013

All things considered, Berkshire Hathaway and Warren Buffett had a fairly eventful year in 2013. They made a number of significant stock purchases and they even had a major acquisition. And then there’s the main question that continues to linger. Warren Buffett and His Acquisition of Heinz  On February 14, 2013 – Valentine’s Day – …

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Warren Buffett-Backed BYD’s First Half Profits Soar 26-Fold

BYD, Chinese battery maker and auto mobile manufacturer recently said that their half-year profits soared. This happened because the biggest car market in the world has started to recover. On Sunday, BYD let us know that their profits started growing exponentially between the months of January through June. This happened after competition among other automakers …

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Buffett Thanks Moynihan Over Lunch

Shareholders are commonly able to have private meetings with executives of companies, but it’s quite noteworthy when Warren Buffett is able to have a private dinner with Brian Moynihan, the current chief executive officer of Bank of America. Both Moynihan in Buffett met on August 6 at the Happy Hollow Club in Omaha, Nebraska, where …

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Buffett Grabs Even Bigger Piece of DaVita

The Associated Press reports that billionaire investor Warren Buffett and Berkshire Hathaway purchased an additional 500,000 shares of DaVita Healthcare Partners, a company based out of Denver, Colorado. Buffett’s company Berkshire Hathaway now owns a total of 5.6 million shares of the dialysis provider. In total, Berkshire has a 15% ownership in the company. Buffett …

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Buffett Unloads another 1.4 Million Shares of Moody’s

On Wednesday we learned that Berkshire Hathaway recently sold another 1.4 million shares of Moody’s stock owned by the company. This means that they have already unloaded over 3 million shares this month of the credit rating agency, and we are only eight days in. But Berkshire Hathaway still actually controls a total of 11% …

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Buffett Chats with Muhtar Kent

Coca-Cola’s 2013 annual shareholders meeting started off like a fireside chat between the Oracle of Omaha, Warren Buffett, and the CEO and chairman of Coca-Cola, Muhtar Kent. Warren Buffett’s presence at this meeting was a pleasant surprise for those attending the annual meeting at the Cobb Galleria Centre. Buffett has been on the board of …

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Favorite Chinese Car Company Of Warren Buffett Saw Profits Disintegrate

BYD, electric car producer in China, that is also backed partially by Warren Buffett and Berkshire Hathaway, tells us that the 2012 year on year profit has dropped by more than 94%. This happened because of slow growth in the Republic of China. This company is currently based out of Shenzhen, a southern boomtown, and …

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Could Buffett Be Wrong About Stocks?

Warren Buffett is one of the most famous investors throughout the world, and he’s also very bullish on stocks once again. The market is currently reaching and breaking highs that it hasn’t seen since the crash in 2008. That makes it very difficult not to feel good about your investment accounts and your 401(k) again. …

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