|Bid||298,288.00 x 1400|
|Ask||322,000.00 x 800|
|Day's Range||311,500.00 - 315,000.00|
|52 Week Range||279,410.00 - 335,900.00|
|Beta (3Y Monthly)||0.93|
|PE Ratio (TTM)||17.81|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||357,333.00|
In this year’s annual shareholder letter, Berkshire Hathaway (BRK.B) CEO Warren Buffett discussed the possibility of an “elephant-sized acquisition."
The Fed is expected to revise lending rates this week. Berkshire Hathaway CEO Warren Buffett has advised investors not to worry about the Fed’s decision.
Berkshire Hathaway executive Tracy Britt Cool, who was hired by Warren Buffett as his financial assistant a decade ago, is leaving to form her own investment group. Ms Britt Cool intends to create an investment vehicle that acquires and builds businesses, similar to Berkshire, she told The Wall Street Journal in an interview published Wednesday. A spokesperson for Berkshire confirmed Ms Britt Cool’s departure.
In Steal Like an Artist, author (and artist) Austin Kleon argues that nothing is completely original--we learn by copying. Kleon isn't suggesting that plagiarism is OK. Rather, he tells readers that they should collect good ideas and allow themselves to be influenced by them.
What valuation model should you use? In most cases, it will be determined by your investment style and the types of stocks you prefer Continue reading...
Berkshire Hathaway is the ultimate Warren Buffett stock — but is it a buy? Here's what the earnings and chart show for Berkshire stock.
The bid would come three months after Axalta said it would explore a sale. It would allow PPG to overcome potential antitrust hurdles it would face were it to buy the entirety of Axalta, and only take on businesses it deems complementary. CD&R and PPG are discussing forming a consortium to bid for Axalta with other investors that include Singaporean sovereign wealth fund GIC and U.S. asset manager BlackRock Inc, one of the sources said.
Shares of Kraft Heinz Co. slumped 4.2% in midday trading, enough to pace decliners among its consumer staples peers group, after the food and beverage company's second-largest shareholder cut its stake by more than 9%. In a Form 4 filing with the Securities and Exchange Commission, Kraft Heinz disclosed that private-equity firm 3G Capital sold 25.1 million Kraft Heinz shares on Monday at a price of $28.44, which values the shares sold at $712.95 million. That left 3G with a 245.03-million-share stake, or 20.1%, of the shares outstanding. 3G's stake is second to Warren Buffett's Berkshire Hathaway Inc.'s 325.6-million-share stake as of June 30, which is 26.7% of the shares outstanding. 3G and Berkshire orchestrated the creation of Kraft Heinz when Kraft Foods Group Inc. and H.J. Heinz Co. agreed in March 2015 to merge. Kraft Heinz's stock has tumbled 34.1% year to date, while the SPDR Consumer Staples Select Sector ETF has rallied 19.7% and the Dow Jones Industrial Average has climbed 15.8%.
Shares of Kraft Heinz Co fell 4% on Tuesday after the packaged food maker's second largest investor, 3G Capital, sold over 25 million shares in the open market at a discount. In a filing with the U.S. Securities and Exchange Commission on Monday, 3G Global Food Holdings disclosed that it sold 25.1 million shares at $28.44 per share, lower than Kraft Heinz's Monday's close of $29.62. The $712.95 million stock sale brings 3G Capital's stake down to 20.1% from 22.14%, and it continues to be the second largest shareholder behind Warren Buffett's Berkshire Hathaway Inc.
Berkshire Hathaway CEO Warren Buffett has spoken openly about his stock repurchasing strategy, calling it "simple arithmetic." How does he do it?