Showing posts with label Warren Buffett. Show all posts
Showing posts with label Warren Buffett. Show all posts

Sunday, August 5, 2007

Berkshire, Diebold, Jones Apparel, Rowan, Paychex: U.S. Stock Preview

(Bloomberg) -- The following is a list of companies
whose shares may have unusual price changes in U.S. exchanges
tomorrow. This preview includes news that broke after exchanges
closed. Stock symbols are in parentheses after company names.

Berkshire Hathaway Inc. (BRK/A US): The investment company
run by billionaire investor Warren Buffett said second-quarter
profit from continuing operations increased to $1,625 a share,
helped by gains from insurance and investments. The result topped
the $1,436 estimate of Charles Gates, an analyst at Credit
Suisse. The stock fell $100 to $109,900 in regular trading.


Read more at Bloomberg Stocks News

Friday, August 3, 2007

Warren Buffett's $46 Billion Cash Pile Can Buy WellPoint, Nucor, Kohl's

(Bloomberg) -- Berkshire Hathaway Inc. Chairman
Warren Buffett is ready to spend $40 billion to $60 billion on
an acquisition, and his opportunities are expanding as stocks
fall and leveraged buyouts dry up.

Shares of health insurers, steelmakers and department
stores are as much as 18 percent cheaper than in May, when
Buffett said he would ``figure out a way'' to come up with $60
billion for the right deal. WellPoint Inc., Nucor Corp., Kohl's
Corp. and dozens more companies are now closer to meeting his
investment criteria.


Read more at Bloomberg Exclusive News