Berkshire Hathaway Breaks All Time High

Last year, Warren Buffett mentioned that Berkshire Hathaway and the future of the company is going to be about expanding and buying big businesses. As Buffett celebrates is golden anniversary as far as running the company is concerned, many investors are beginning to rally behind the idea. Shares of Berkshire Hathaway, based out of Omaha, …

Continue reading ‘Berkshire Hathaway Breaks All Time High’ »

Berkshire Makes Secret Trades and Opens Express Scripts Stake

Berkshire Hathaway, owned by Warren Buffett, just announced that they have taken out a $35 million stake in Express Scripts Holding Co. The investment company has also made one other trade that they requested it be kept confidential. The company’s holdings in General Motors have risen by 21%. They also had an investment in Charter …

Continue reading ‘Berkshire Makes Secret Trades and Opens Express Scripts Stake’ »

Berkshire Hathaway Profits Soar By 41% and Break Previous Records

This past Friday, Berkshire Hathaway provided its second-quarter earnings report and profits soared by 41% to reach a record high. This reflects substantial gains in investments, plus improved manufacturing, retail and service business results. “It’s clear that Warren Buffett’s bet on the US economy is paying off,” said Michael Yoshikami, the president of Destination Wealth …

Continue reading ‘Berkshire Hathaway Profits Soar By 41% and Break Previous Records’ »

Berkshire Hathaway Purchases WPLG-Channel 10

It’s official! WPLG Channel 10 has a brand-new owner. Warren Buffett, owner of the investment conglomerate Berkshire Hathaway, along with Graham Holdings Co., reported today that they have completed selling the Miami area TV station as well as other Graham Holdings assets. The assets and TV station now belong to Berkshire Hathaway. This deal was …

Continue reading ‘Berkshire Hathaway Purchases WPLG-Channel 10’ »

Buffett Talks of Ending Graham Holdings Stake

Warren Buffett is currently in talks in order to exit his Graham Holdings Co. $1.1 billion investment. They are the previous publisher of the Washington Post, and Buffett has owned stock in this company for over 40 years. Graham is considering swapping assets including one of their businesses, as well as a number of their …

Continue reading ‘Buffett Talks of Ending Graham Holdings Stake’ »