|Bid||172.81 x 400|
|Ask||173.07 x 2900|
|Day's Range||172.50 - 173.79|
|52 Week Range||141.92 - 177.86|
|PE Ratio (TTM)||18.93|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Warren Buffett's Berkshire Hathaway Inc (BRKa.N) will walk away from its $9 billion acquisition of Oncor Electric Delivery Co if the deal is delayed, an attorney for the parent company of Texas' largest utility told a bankruptcy judge on Wednesday. Energy Future Holdings Corp, the bankrupt owner of Oncor, disclosed Berkshire Hathaway's warning as the judge considers a request by the utility's biggest creditor, hedge fund Elliott Management Corp, to hold up the deal with Buffett so it can put together its own $9.3 billion bid for Oncor. Berkshire Hathaway "may not go away forever, but they have told us and we have no reason to doubt them, that they will go away," Energy Future's lawyer Chad Husnick told U.S. Bankruptcy Court Judge Christopher Sontchi at a hearing in Wilmington, Delaware.
The election of Donald Trump, his antipathy to solar power and the knowledge that any government help to the industry will soon go away, has cast a shadow on the industry. In the last three months, shares of First Solar are up 56.6%, and views among analysts have shifted in its favor.
Home Capital said it had repaid the outstanding balance on credit facility provided by a unit of Berkshire Hathaway. T