Berkshire Hathaway Get Strong Buy Rating

Due to a number of expansions in the insurance business, plus recent acquisitions and a strong third-quarter, Zacks earnings estimates were given an upward revision. In the last 60 days, the 2014 Zacks Consensus Estimate moved up by 1.4%. And for the 2015 estimate, it also moved up by the same consensus estimate amount. The …

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Weatherford Selling Units to Lubrizol for $825 Million

Weatherford International, the Swiss oilfield equipment provider, intends to sell its drilling fluids and chemistry businesses to Berkshire Hathaway owned Lubrizol for $825 million in cash, plus the possibility of a potential earn out. The sale, announced today, will give the company an additional influx of $750 million worth of cash plus depending on the …

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