‘Keystone Should Be Done’ Says Warren Buffett

CEO and chairman of Berkshire Hathaway, Warren Buffett, on Wednesday mentioned to Fox Business Network that the Obama administration should approve the Keystone XL pipeline. During an exclusive interview with Liz Claman on “Countdown to the Closing Bell,” Buffett discusses how he understands why some will oppose the pipeline, since it will cross Nebraska, his …

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3G Capital’s Next Possible Target

3G capital, the owner of H.J. Heinz Co., and partnered with Berkshire Hathaway, is supposedly looking to find its next food related acquisition. According the Wall Street Journal, 3G Capital has raised $5 billion and said it is considering purchasing another food or beverage maker that could help grow Heinz, based out of Pittsburgh. The …

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Buffett’s #1 Investment Secret

“Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.’” — Warren Buffett Warren Buffett is considered one of the best investors that the modern world has ever known. He started out as a financial analyst in the 50s when he …

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Buffett Top Advisor Named CEO of Pampered Chef

Tracy Britt Cool was just named the CEO of the Pampered Chef by Berkshire Hathaway Inc. This move has added more responsibility onto the shoulders of one of the top advisers of Warren Buffett, Berkshire’s chief executive officer. The 30-year-old Cool takes the helm for Doris Christopher, founder, who has led the cooking supply company, …

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Ford & Heinz Team Up in a Surprising Way

In an announcement that was cleverly titled You Say Tomato; We Say Tom-Auto, Ford recently announced that they are going to partner with Warren Buffett’s H.J. Heinz Co. in an effort to find a way to use tomato fibers in automobiles. Last year, in February, Warren Buffett and Berkshire Hathaway acquired the world famous ketchup …

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Kellogg Stock Price Climbs As Traders Bet on Buffett Takeover

Options traders have not been this bullish in seven years about Kellogg Co., but speculation is currently increasing that Berkshire Hathaway and Warren Buffett are going to make the company an offer. Last month alone options volume jumped tremendously, and bullish contracts have not been this high since 2007 in relation to bearish ones, according …

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Berkshire Board of Directors Recommends Vote Against Dividend

Investor Warren Buffett would much prefer to use Berkshire Hathaway’s tremendous pile of cash to buy businesses instead of returning it to shareholders. This strategy has worked incredibly for many years, and since the financial crisis Berkshire Hathaway shares are up 125% in a five-year period, and they acquired companies like Heinz and Burlington Northern …

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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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Major Changes at Heinz Since Buffett Bought the Company

Bloomberg reports that it’s not all fun and games when Warren Buffett happens to take over your company. If the Oracle of Omaha believes that you belong as part of the Berkshire Hathaway brand – at least in the case of Heinz – some serious changes are on the horizon. Earlier in the year, Warren …

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Happy 83rd Birthday Warren Buffett!

Billionaire investor Warren Buffett turns 83 years old today on Friday, August 30, 2013. But Buffett hasn’t told us whether or not he plans to surprise the shareholders that Berkshire Hathaway with a big celebratory acquisition. Last year on his birthday Buffett made an announcement in regards to plans to significantly increase the amount of …

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