Warren Buffett should come to Europe to tap regional champions at knock-down valuations, including in his favored sectors, Cheuvreux analysts said in an open ‘letter’ to the billionaire U.S. investor detailing their seven top picks. The firm, CA Cheuvreux, a …
Warren Buffett’s conglomerate Berkshire Hathaway said it will launch a share buyback program, an extremely rare move from Buffett that comes after months of investor complaints that the stock was undervalued. Berkshire said it would buy back Class A and …
Warren Buffett advanced his succession plan Monday by naming Ted Weschler, a low-profile hedge fund manager who has produced out-sized returns in the last decade, to help manage the investments of Berkshire Hathaway Inc. Weschler, 50, will start at the …
Investors objecting to Bank of America Corp.’s $8.5 billion settlement of claims over losses on mortgage-backed securities are seeking to send their dispute to federal court, potentially delaying a resolution of one of the beleaguered bank’s largest legal liabilities. According …
Warren Buffett will invest $5 billion in Bank of America Corp., stepping in to shore up the largest U.S. bank in the same way he helped prop up Goldman Sachs and General Electric during the financial crisis. Bank of America …
The spread between two of the dueling offers for reinsurer Transatlantic Holdings virtually disappeared Wednesday amid a fresh market rout, as deal-watchers waited for any sign as to what late entrant Berkshire Hathaway might do next. As of 12:20 p.m. …
Warren Buffett’s entry into the bidding for Transatlantic Holdings is drawing fresh attention to the reinsurance industry, which specializes in writing insurance for insurers in a way that frees up those companies to take on more risk. With cheap valuations …
Double-dip recession or not, people will still pay any price to have lunch with Warren Buffett. The annual charity auction for lunch with the legendary 80-year-old investor began Sunday night, and by Monday morning bids already topped $1.5 million. The …
Aside from maybe the odd cheeseburger stain on his tie, nothing much sticks to Warren Buffett. Whether his underlings are convicted of helping insurance companies inflate results or a major company he helps oversee is sanctioned for accounting shenanigans, his …
Warren Buffett and the rest of Berkshire Hathaway Inc.’s board of directors were sued by a shareholder Tuesday over presumed heir apparent David Sokol’s trading in the stock of a company that was later bought by Berkshire. Sokol, who has …
