Search Results

The Oracle Wins Again as Berkshire’s (BRK.A) Profits Soar 51%

May 10th, 2013

Last week was an interesting one for the Oracle of Omaha, Warren Buffett. Mr. Buffett, who has long avoided tech stocks, posted his first tweet on Twitter, simply stating “Warren is in the house.” Meanwhile, his company, Berkshire Hathaway (BRK.A), …

Berkshire Hathaway (BRK.A) and 3G Capital Buy Heinz for $28 Billion

February 15th, 2013

One major deal dominated Wall Street headlines this week – Warren Buffett’s Berkshire Hathaway (BRK.A: Charts, News) and 3G Capital acquiring ketchup giant Heinz (HNZ: Charts, News) for $28 billion. Heinz shareholders will receive $72.50 per share, a 20% acquisition premium. The Heinz acquisition is the largest takeover in the food industry’s history. Buffett had … READ MORE