Latest Warren Buffett News
Warren Buffett's company trims its investment in printer maker HP by selling 5.5 million shares
OMAHA, Neb. (AP) — Warren Buffett's company sold off 5.5 million of its HP Inc. shares this week, trimming a stake that it established just last year, but even after the sales, Berkshire Hathaway still owns nearly 12% of the printer and computer maker's stock. HP stock dropped...
Warren Buffett gives $27 million in Berkshire Hathaway stock to an unnamed charity
OMAHA, Neb. (AP) — Investor Warren Buffett has donated Berkshire Hathaway stock worth $27 million to an unnamed charity. Buffett disclosed the gift of 50 Class A shares of Berkshire stock in a filing with the Securities and Exchange Commission late Wednesday. This...
DR Horton and Grindr rise; Getty Images and Discover Financial fall, Tuesday, 8/15/2023
N EW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday: Grindr Inc. (GRND), up 40 cents to $5.09. The LGBTQ+ community social media platform reported a profit and raised its full-year revenue guidance. Arena Group...
Warren Buffett's firm invests in the biggest homebuilders while reducing GM stake in portfolio moves
OMAHA, Neb. (AP) — Warren Buffett's company appears to be betting on the housing market picking up because Berkshire Hathaway bought more than $700 million worth of homebuilder DR Horton's stock this spring along with smaller stakes in fellow builders Lennar Corp. and NVR Corp. ...
How major US stock indexes fared Monday, 8/7/2023
Stocks closed higher as Wall Street regained momentum after its big rally for the year took a pause last week. The S&P 500 rose 0.9% Monday to recover more than a third of its loss from last week. That was its first losing week in the last four. The Dow added 407 points, or 1.2%...
Profits at Warren Buffett's firm reach $36B as stocks surge and its insurance holdings perform well
OMAHA, Neb. (AP) — Profits rebounded at Warren Buffett's conglomerate along with the value of its $353 billion stock portfolio in the second quarter to hit $35.9 billion, and many of Berkshire Hathaway's assorted businesses also performed well, led by strong results in its core insurance...
BNSF train engineers offered paid sick time and better schedules in new deal
OMAHA, Neb. (AP) — Roughly 7,500 BNSF train engineers may soon get up to eight days of paid sick time and more certainty about their days off if they approve a new deal with the railroad announced Tuesday. BNSF and the Brotherhood of Locomotive Engineers and Trainmen union said...
Warren Buffett's firm buys more Occidental Petroleum and now owns more than 25% of the oil producer
OMAHA, Neb. (AP) — Billionaire Warren Buffett's company keeps buying shares of Occidental Petroleum, and Berkshire Hathaway now controls more than 25% of the oil producer. A new filing with the Securities and Exchange Commission shows that Berkshire bought another 2.1 million...
