Buffett Defends Clayton Homes

On Saturday, at the Berkshire Hathaway annual meeting, Warren Buffett kicked off the question-and-answer session by defending its subsidiary Clayton Homes and its practices, which happens to be the largest manufacturing housing company in the United States. Clayton Homes, which sells, leases, finances, insures and builds the homes that it manufactures, has recently come under …

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Energy Units, Insurance, Aid Third Quarter Berkshire Hathaway Earnings

During the third quarter of 2014, Berkshire Hathaway reported operating earnings of $1.91 per share, which is much farther ahead of the Zacks consensus estimate of $1.70 per share. When compared to the same quarter one year ago, earnings are favorable at the prior $1.49 per share. Growth in earnings was primarily from the insurance …

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Warren Buffett Will Most Likely Acquire USG

As far as long-term investors go, Warren Buffett is considered one of the best. Berkshire Hathaway, Buffett’s holding company, currently has large positions in companies like American Express and Coca-Cola. They also own a number of businesses outright, including Burlington Northern Santa Fe railroad and Geico. Buffett has a long-term track record of outperforming the …

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Berkshire Hathaway Stakes Name on Barely Noticed Realty Business

At this point in time, Berkshire Hathaway entering into the home brokerage arena just 14 years ago is practically an afterthought. Right now, Buffett’s company is actually staking its name on the business. There are signs popping up all over the place, from the front lawns of New York to California and everything in between. …

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Warren Buffett Says Global Economy Is Slowing

Warren Buffett, billionaire investor, told us on Wednesday that he definitely notices the overall global economy slowing. There has been a major decline in Asia and we are still seeing a lot of problems in Europe. On the flipside, he noticed that the US economy is slowly improving. He believes that business is going to …

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