US investor Warren Buffett makes record rail investmentNovember 3rd, 2009 NEW YORK - Legendary US investor Warren Buffett has spent a record $44 billion buying an American rail freight company, in the largest transaction in the history of his Berkshire Hathaway holding company. The purchase of the Burlington Northern Santa Fe Corp was agreed upon at $100 a share, paid for in both cash and stock.
Freight expectations: Warren Buffett goes 'all-in' with $34B bet on railroads and the economyNovember 3rd, 2009 Buffett's big bet: $34B on 2nd-largest railroadNEW YORK — The biggest name in investing is making what he calls an "all-in wager" on the U.S. economy — $34 billion to own a railroad that hauls everything from corn to cars across the country.
Buffett's Berkshire Hathaway buying Burlington Northern in deal valuing the railroad at $34BNovember 3rd, 2009 Buffett's Berkshire buying Burlington Northern RRNEW YORK — Legendary investor Warren Buffett is making what he calls an "all-in wager" on the U.S. economy — $34 billion to buy a major railroad that hauls everything from corn to cars across the country.
Burlington Northern, Ford, UBS, Johnson & Johnson are among big market movers TuesdayNovember 3rd, 2009 Burlington Northern, Ford, UBS are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange:
NYSE:
Burlington Northern Santa Fe, up $20.93 at $97
Berkshire Hathaway Inc. agreed to buy the nation's second-largest railroad and biggest hauler of food products for $34 billion.
Berkshire Hathaway board OKs 50-for-1 split of Class B common shares; holder vote neededNovember 3rd, 2009 Berkshire Hathaway OKs 50-for-1 split of B-sharesNEW YORK — Warren Buffett's Berkshire Hathaway Inc. is sending a plan to split the iconic company's Class B shares to a shareholder vote as part of its plan to buy the Burlington Northern Santa Fe Corp.
Berkshire Hathaway is buying Burlington Northern in a deal valuing the railroad at $34 billionNovember 3rd, 2009 Buffett's Berkshire buys Burlington Northern railNEW YORK — Making a $34 billion bet on the future of the U.S. economy, Warren Buffett's Berkshire Hathaway Inc.
Buffett's Berkshire Hathaway cuts stake in Moody's by selling nearly 1.2M sharesOctober 31st, 2009 Berkshire sells nearly 1.2 million Moody's sharesOMAHA, Neb. — Berkshire Hathaway Inc.
Burlington Northern 3Q profit falls as retail and industrial shipments sagOctober 22nd, 2009 Burlington Northern 3Q profit fallsNEW YORK — The country's second-largest railroad, Burlington Northern Santa Fe, says its third-quarter earnings dropped because people still weren't buying more goods in stores and industrial production continued to sputter. But much lower costs for fuel and labor kept the results from being worse.
Buffett's Berkshire adds to J&J holding, buys stake in Becton Dickinson, cuts several holdingsAugust 14th, 2009 Berkshire reveals changes in stock portfolioOMAHA, Neb. — Billionaire Warren Buffett's company revealed Friday that it had bought a new stake in medical supply company Becton, Dickinson & Co.
Clarification: GateHouse storyMay 30th, 2009 Clarification: GateHouse storyBOSTON — In a story May 29, The Associated Press reported that GateHouse Media Inc. is cutting salaries at its newspapers in New England.
Berkshire Hathaway sells 2.4M more shares of Constellation Energy obtained in failed takeoverMay 14th, 2009 Berkshire sells 2.4M more Constellation sharesOMAHA, Neb. — Billionaire Warren Buffett's company sold more of the 20 million shares of Constellation Energy Group Inc.
Leahy to return $1,000 Citigroup campaign donationMay 9th, 2009 Leahy to return Citigroup donationBURLINGTON, Vt. — Sen. Patrick Leahy, D-Vt., will return a $1,000 campaign donation from Citigroup, the banking giant that has received $45 billion in federal bailout money.
Clarification: Coffee Ad Wars storyMay 8th, 2009 Clarification: Coffee Ad Wars storyNEW YORK — In a story May 5, The Associated Press reported that Dunkin' Donuts will cut the prices of lattes in its New York, New Jersey and Connecticut stores. The story should have made clear that price cuts will be available only in stores in New York City and the counties closest to it in those three states.
Buffett's Berkshire Hathaway will release 1Q earnings on May 8, after Saturday's annual meetApril 29th, 2009 Berkshire to release 1Q earnings on May 8OMAHA, Neb. — Warren Buffett's Berkshire Hathaway Inc.
Warren Buffett's Berkshire Hathaway won't release earnings on eve of Saturday's annual meetingApril 29th, 2009 Berkshire won't release earnings report this weekOMAHA, Neb. — Warren Buffett's Berkshire Hathaway Inc.
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