Money and Finance
- Links
Warren Buffett Takes 8% Stake in Sears Spinoff Seritage (LINK) Billionaire investor Warren Buffett has taken an 8.02% stake in Seritage Growth Properties Inc., the real-estate company split off from Sears Holdings Corp. earlier this year. Mr. Buffett...
- Berkshire Seen Failing Buffett 5-year Test For First Time
Warren Buffett probably missed his target for the first time in 44 years. Berkshire Hathaway Inc., his $292 billion company, is poised to report that it failed to increase net worth more rapidly than the Standard & Poor’s 500 Index during the past...
- Berkshire Hathaway Takes $3.7 Billion Stake In Exxon Mobil
Warren Buffett's conglomerate Berkshire Hathaway owned a stake of about 40 million shares in oil major Exxon Mobil as of the end of September, according to an SEC filing on Thursday. Based on the most recently available holdings data, that would be...
- Berkshire Hathaway Buys Back $1.2 Billion Of Class A Stock
With the share repurchase ceiling increased to 120% of book value, Berkshire can now buy back A shares up to a little over $134,000 per share, and B shares up to a little over $89 per share. Berkshire Hathaway Inc (BRK-A) spent $1.2 billion buying back...
- Lessons From Buffett's Tesco Mistake
As I read through the 2014 Berkshire Hathaway letter last weekend, one section stood out to me as being full of great investing lessons. Here's the passage: Attentive readers will notice that Tesco, which last year appeared in the list of our...
Money and Finance
Berkshire Hathaway Raisess Tesco Stake to 5.1%
Billionaire investor Warren Buffett increased his stake in Tesco Plc (TSCO) to 5.08 percent after a slump in the share price of the U.K.’s largest supermarket chain.
Buffett’s Berkshire Hathaway Inc. (BRK/A) raised the holding from 3.21 percent and held about 407.6 million shares as of Jan. 13, Cheshunt, England-based Tesco said today in a statement.
Tesco shares declined 16 percent on Jan. 12, the most since at least 1988, after the company reported Christmas sales that missed estimates and reined back profit expectations. Buffett told CNBC in November he’d buy more shares if the price fell.
- Links
Warren Buffett Takes 8% Stake in Sears Spinoff Seritage (LINK) Billionaire investor Warren Buffett has taken an 8.02% stake in Seritage Growth Properties Inc., the real-estate company split off from Sears Holdings Corp. earlier this year. Mr. Buffett...
- Berkshire Seen Failing Buffett 5-year Test For First Time
Warren Buffett probably missed his target for the first time in 44 years. Berkshire Hathaway Inc., his $292 billion company, is poised to report that it failed to increase net worth more rapidly than the Standard & Poor’s 500 Index during the past...
- Berkshire Hathaway Takes $3.7 Billion Stake In Exxon Mobil
Warren Buffett's conglomerate Berkshire Hathaway owned a stake of about 40 million shares in oil major Exxon Mobil as of the end of September, according to an SEC filing on Thursday. Based on the most recently available holdings data, that would be...
- Berkshire Hathaway Buys Back $1.2 Billion Of Class A Stock
With the share repurchase ceiling increased to 120% of book value, Berkshire can now buy back A shares up to a little over $134,000 per share, and B shares up to a little over $89 per share. Berkshire Hathaway Inc (BRK-A) spent $1.2 billion buying back...
- Lessons From Buffett's Tesco Mistake
As I read through the 2014 Berkshire Hathaway letter last weekend, one section stood out to me as being full of great investing lessons. Here's the passage: Attentive readers will notice that Tesco, which last year appeared in the list of our...