White Mountains Insurance Group, Ltd. (NYSE: WTM) entered an exchange agreement with Berkshire Hathaway Inc. (NYSE: BRK-A) to transfer certain runoff businesses and a substantial amount of cash to Berkshire Hathaway, and…
It is no great mystery that Warren Buffett of Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B) is still one of the most followed and most revered "long term value investors" on the planet. …
This morning, Business Week in its "INSIDE WALL STREET" section has featured CarMax (NYSE: KMX) positively, mainly noting that Warren Buffett’s Berkshire Hathaway (NYSE: BRK/A) raised his stake by another half recently…
Below are most of the equity holdings listed for Bill Gates’ own Cascade Investment, L.L.C. as of December 31, 2007. These were disclosed in a filing late in the week. Keep in…
These are the new combined holdings (alphabetically A-G) from Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) for the period ended December 31, 2007: American Express (NYSE: AXP) 151.6 million shares for a value…
These are the new combined holdings (alphabetically H-P) from Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) for the period ended December 31, 2007: Home Depot (NYSE: HD) 4.181 million shares for $112.6 million.…
Warren Buffett of Berkshire Hathaway (NYSE: BRK-A, BRK-B) just appeared on CNBC with his plan to save the bond insurance business in the U.S. for municipal bond issuers. He noted that last…
Shares of Ambac Financial Group, Inc. (NYSE: ABK) are being crushed even harder today than yesterday by more than 60% to around $5.00. The problem is that Moody’s has put it under…
There have been major reports for days and weeks that have revolved around many financial services, banks, lenders, and the like merging. The truth is that the carnage in the financial sector…
Perhaps the fact that Berkshire Hathaway (BRK.A) got into the bond insurance business just as it was falling apart was not entirely due to the genius of Warren Buffett. According to the…
These are not the only impact analyst calls this Tuesday, but these are the ones 247WallSt.com is focusing on in early pre-market trading: Baxter (BAX) raised to Buy from Hold at Citigroup.…
2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously…
Berkshire Hathaway (BRKA) has over $43 billion in cash on its balance sheet. It could buy most US public companies without borrowing a dime. Berkshire’s chief, Warren Buffett could put his money…
Union Pacific Corp. (NYSE:UNP) has just lowered earnings guidance for its fourth quarter 2007. It said earnings will be reduced by approximately $0.20 per diluted share. This warning is two-fold: primarily reflects…
Berkshire Hathaway (NYSE:BRK/A) (NYSE:BRK/B) shares fell today after Barron’s called for investors to sell Warren Buffett’s growth machine. This seemed like a long time since Berkshire Hathaway had gone down this much…
