WARREN BUFFETT

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Kraft snares Cadbury for $19.6 billion

Kraft Foods sealed a friendly deal to buy British candy maker Cadbury for about $19.6 billion (11.9 billion pounds) after frantic last-minute talks broke an impasse over price.

Stocks set for weaker open after Citi results

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U.S. stocks were poised for a slightly weaker open on Tuesday after quarterly results from Citigroup Inc led to concern about the quality of financial sector earnings as reporting season ramps up.
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Goldman weighs expanding charity program

Goldman Sachs Group Inc may expand a program that would require executives to give a part of their pay to charity, as it looks to cool public anger over compensation, the New York Times reported on Sunday.
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Symetra sets IPO terms, Buffett to keep shares

Life insurance company Symetra Financial Corp set the terms of its initial public offering on Wednesday, lowering the overall value of the deal from its October filing and signaling that it is likely to price soon.
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Cadbury shares dip below Kraft bid for first time

Cadbury shares dipped below Kraft Foods' 10.6 billion-pound ($17 billion) bid price for the first time on Thursday as prospects of a rival bid receded and analysts reckoned Kraft now needed only to slightly sweeten its offer to win.
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Cadbury shares drop below Kraft's bid for first time

Cadbury shares dipped below the level of Kraft Foods' 10.6 billion-pound ($17 billion) bid for the first time on Thursday as prospects of a rival bid receded and analysts reckoned Kraft now needs only to slightly sweeten its offer to win.
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Cadbury talks to Hershey for rival bid

Members of Cadbury Plc's board have been talking with counterparts at Hershey Co as expectations fade for a significantly higher bid from Kraft Foods Inc .
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Qingyuan seeks to boost electric car sales in U.S.

Tianjin Qingyuan Electric Vehicle Co, the first Chinese automaker to break into the United States, hopes to significantly boost sales of its self-developed electric models in the world's second-largest market this year, a source with direct knowledge of the matter said on Wednesday.
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Cadbury shareholders bet on higher Kraft bid

Kraft faced pressure to raise its bid for Cadbury with extra cash as the market digested Tuesday's warning from key investor Warren Buffett and an initial deadline passed with few of the UK confectioner's shares changing hands.
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Qinyuan seeks to boost electric car sales in US

Tianjin Qingyuan Electric Vehicle Co, the first Chinese automaker to break into the United States, hopes to significantly boost sales of its self-developed electric models in the world's second-largest market this year, a source with direct knowledge of the matter said on Wednesday.
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Kraft gets 1.52 percent acceptance for Cadbury bid

Kraft said it had a 1.52 percent take-up from Cadbury shareholders for its 10.5 billion pound ($16.8 billion) hostile bid, with analysts saying the U.S. food group will have to raise its offer to win.
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Buffett warns Kraft after it sweetens Cadbury bid

Warren Buffett came out against Kraft's $16.8 billion hostile offer for Britain's Cadbury as a threat to shareholder value, undermining the U.S. foodmaker's attempt to woo investors with a sweeter bid.
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Buffett threatens Kraft's Cadbury bid

Kraft sweetened its $16.8 billion offer for Britain's Cadbury and a potential rival stood aside, but just hours later the U.S. food firm's influential top shareholder threatened to vote against the deal.
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Kraft sweetens Cadbury bid; Buffett weighs in

Kraft sweetened its $16.8 billion offer for Britain's Cadbury and a potential rival stood aside, but just hours later the U.S. food firm's influential top shareholder threatened to vote against the deal.
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Buffett warns Kraft on Cadbury offer

Warren Buffett's Berkshire Hathaway Inc issued a stern warning to Kraft Foods Chief Executive Irene Rosenfeld, saying it opposed the food maker's plan to float new shares in pursuit of Cadbury Plc .
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Buffett warns Kraft on Cadbury bid

Nestle ruled itself out of a bid war over Cadbury and Kraft sweetened its $16.4 billion offer, but the U.S. food firm's biggest shareholder Warren Buffett warned it not to overpay.
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Kraft sweetens Cadbury bid

Nestle ruled itself out of a bid war over Cadbury and Kraft sweetened its $16.4 billion offer, but the U.S. food firm's biggest shareholder Warren Buffett warned it not to overpay.
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Berkshire voted no on Kraft share issue for Cadbury

Berkshire Hathaway Inc said it voted against Kraft Food Inc's proposal to authorize the issuance of up to 370 million shares to help the food maker buy Cadbury , but could reverse to a yes vote, depending on the final offer's details.
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Buffett: It's simple, railroads are not pet rocks

When Warren Buffett said last month that his Berkshire Hathaway Inc was buying Burlington Northern Santa Fe Corp for $26 billion, he characterized the deal as an all-in wager on the economic future of the United States.
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Buffett eyes GMAC's ResCap: report

Warren Buffett is in talks to buy the troubled residential mortgage company Residential Capital, a unit of GMAC, the New York Post said, citing sources.
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Berkshire broadens board with Comcast's Burke

Warren Buffett's Berkshire Hathaway Inc said on Tuesday Comcast Corp Chief Operating Officer Stephen Burke has been elected as a director, helping broaden a board that consists mainly of long-time insiders.

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