WARREN BUFFETT

Wall Street falls at open on banks

IBTimes Logo
U.S. stocks fell at the open on Tuesday as concerns over European banks outweighed a deal by Warren Buffett's Berkshire Hathaway to buy railroad company Burlington Northern.
More news
IBTimes Logo

Capmark Financial bankruptcy due soon: source

Capmark Financial Group Inc., the commercial real estate company created through a 2006 leveraged buyout of certain GMAC assets, is preparing to file for bankruptcy possibly by the end of next week, according to a source with direct knowledge of the situation.
IBTimes Logo

Mega-IPOs to breed more, but pricing seen key

Giant initial public offerings this week by Banco Santander (Brasil) SA and Verisk Analytics are likely to be followed by more outsized IPOs, but the mixed performance of the stocks shows selling future deals could be difficult.
IBTimes Logo

Verisk soars in stock debut, helped by Buffett support

Verisk Analytics Inc, an insurance services firm partly owned by Warren Buffett's Berkshire Hathaway, soared in its first day of trading on Wednesday, and stirred hopes that the appetite for such offerings is warming.
IBTimes Logo

Verisk sees $1.7 billion IPO, to price October 6

Insurance risk assessment specialist Verisk Analytics Inc on Monday set the terms of its initial public offering, saying it expects the offering to yield $1.7 billion in what could become the largest U.S. IPO in a year and a half.
IBTimes Logo

Don't cry for the dollar, yet

Its sharp decline in the last week has pushed the euro to its highest level in a year and reignited fears that there's only one place for the dollar to go, and that's down. Rhetoric from influential investors like Warren Buffett as well as big foreign buyers of U.S. debt like China and Russia has fed that sense of doom.
IBTimes Logo

Kraft may need 850-900p to swallow Cadbury

U.S. food giant Kraft could raise its bid 20 percent up to 12.3 billion pounds ($20.1 billion) to seal a takeover deal for Britain's Cadbury without losing a key investment grade rating on its debt.
IBTimes Logo

Hershey Trust consults Buffett banker on Cadbury-WSJ

The trust that holds voting control of candy maker Hershey Co has hired Warren Buffett's favorite banker to advise it on a possible bid for British chocolatier Cadbury, the Wall Street Journal reported on Thursday.
IBTimes Logo

Buffett says U.S. economy has not turned up

The U.S. economy has not begun to climb out of the worst recession since the Great Depression, but the terror that followed last year's near- collapse of the financial system is gone, due in part to government intervention, Warren Buffett said on Tuesday.
IBTimes Logo

Crisis sparks soul-searching at business schools

A year after the collapse of Lehman Brothers plunged the world into financial meltdown and jolted the foundations of capitalism, business students don't just want to learn how to maximize profit for shareholders and themselves.
IBTimes Logo

Capmark in Berkshire asset deal, may go bankrupt

Warren Buffett's Berkshire Hathaway Inc and Leucadia National Corp agreed to buy Capmark Financial Group Inc's mortgage loan and servicing business for as much as $490 million, increasing exposure to a possible U.S. housing recovery.
IBTimes Logo

China's BYD says Buffett wants to raise stake

U.S. billionaire Warren Buffett intends to raise his stake in Chinese electric car and battery maker BYD Co Ltd , BYD's chairman said on Monday, sending shares in his company up 8 percent.
IBTimes Logo

China-led sell-off weighs on stock futures

Stock index futures pointed to a fall of about 1 percent on Wednesday as a drop in Chinese shares prompted renewed selling in global equity markets on fears stock prices have outpaced the economic recovery.
IBTimes Logo

Berkshire reports Becton Dickinson stake, ups J&J

Billionaire Warren Buffett's Berkshire Hathaway Inc reported on Friday a new 1.2 million share investment in Becton Dickinson & Co and an increased stake in Johnson & Johnson , as it boosted exposure to some health-care companies.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.