Tom Wilson, AllState CEO, had sought ways to expand its bottom line with the acquisition of Esurance and expansion of network.
Tags: Berkshire Hathaway
Buffet's Berkshire Hathaway to likely miss target for the first time- report
Billionaire Warren Buffet is most likely going to fail in achieving his target for the first time since he took over Berkshire Hathaway in 1965, Bloomberg reported.
Profit of Berkshire Hathaway jumps 29% thanks to investment gains
Berkshire Hathaway reaped the gains from some of its past deals it made during the 2008 financial crisis.
Buffett cash pile of USD40 billion not being invested fast, say expert
Warren Buffett wants more liquidity in assets to have cash when there is fear in the market. Experts said that financial investor Warren Buffett is not investing his cash pile fast enough, according to a report by Bloomberg.
Buffet's Berkshire has more the enough cash for acquisitions- report
A Bloomberg report said Berkshire Hathaway Inc might be making more strategic acquisitions in the near future.
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Warren Buffett's Berkshire Hathaway invested in performing businesses and stocks, but shied away from newspapers in its latest SEC quarter filing.
Berkshire Hathaway announced its reported earnings and its company portfolio growth. The second quarter profit for Berkshire Hathaway Inc increased by 46%.
Buffet gave around 17.5 million Class B shares to the Bill and Melinda Gates Foundation. Warren Buffett has contributed a record US$2 billion to the Bill and Melinda Gates Foundation.
Berkshire announced today that it has named Lori Spoon Rafkin as its new senior vice president. (Photo : Reuters)The image is the corporate logo of Berkshire Hathaway Inc.
Berkshire Hathaway's Solar Star Fund LLC unit MidAmerican to issue debt instruments to finance construction of new projects.
Berkshire Hathaway announces the formation of a new firm specifically for the excess and surplus market.
Berkshire Hathaway expressed interest in purchasing assets owned by Unipol. (Photo : Reuters)Berkshire Hathaway's fourth-quarter profit plunged sharply in part on an underwriting loss in its reinsurance business related to life insurance.
H.J. Heinz Company today announced the completion of its previously announced acquisition by an investment consortium comprised of Berkshire Hathaway and an investment fund affiliated with 3G Capital.
S&P downgrades Berkshire Hathaway from AA plus to AA. Standard and Poor's, the renowned credit rating agency, has announced that it would be cutting Berkshire Hathaway's rating from 'AA plus' to 'AA'.
