Berkshire Hathaway Inc

Buffett Dumps Exxon, Buys Refiner Phillips Stake Due to Falling Oil Prices

Warren Buffett lets go of Exxon shares, and buys refiner Phillips stake because of the fluctuating oil prices. Bloomberg reports that the billionaire investor announced Wednesday that his Berkshire Hathaway Inc. sold some $4 billion Exxon Mobil Corp. shares due to the dreary outlook of crude oil prices, buying instead a $4.48 billion stake from refiner Phillips 66.

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Boeing flexes its muscle to control supplier power

The $37B worth deal of Berkshire Hathaway Inc. with Precision Castparts Corporation, a major aircraft parts supplier of Boeing had encouraged more investors in the aircraft industry. However, Boeing had been delaying its suppliers' M&A contracts.

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Buffett's Berkshire adds to favorites IBM, Wells Fargo

Warren Buffett's Berkshire Hathaway Inc on Friday said it has boosted its holdings in some of the billionaire's favorite companies, including Wells Fargo & Co and International Business Machines Corp.

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Berkshire Hathaway profit up 10 percent amid railroad gains

Warren Buffett's Berkshire Hathaway Inc on Friday said first-quarter profit rose 10 percent, and operating results easily beat forecasts, boosted by its railroad and insurance businesses and gains from derivatives.

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Buffett says 'sprawl' is good, but may not be good enough

Warren Buffett wants to buy more businesses to add to Berkshire Hathaway Inc's "sprawl," but cautioned it may not keep the company he has run for 50 years from evolving into something rarely used to describe it up until now: average.

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Buffett's Berkshire to buy private auto dealer Van Tuyl

Warren Buffett's Berkshire Hathaway Inc said on Thursday it would buy the Van Tuyl Group auto dealership, in what the billionaire hinted could be the first of many such purchases as his company extends its longtime bullish view on the U.S. economy.

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Buffett to help finance Burger King's acquisition of Tim Hortons

Berkshire Hathaway Inc (BRKa.N) chairman and CEO, Warren Buffett, is helping finance Burger King Worldwide Inc's (BKW.N) take over of Canadian chain Tim Hortons Inc (THI.TO), the Wall Street Journal reported, citing people familiar with the matter.

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Top deals of the day - Mergers & Acquisitions

The following bids, mergers, acquisitions and disposals were reported on Friday.

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Berkshire Hathaway purchases USD 3.45 billion stake in Exxon Mobil Corp

Warren Buffet's Berkshire Hathaway Inc has purchased 40.1 million shares in the world's largest publicly traded oil company Exxon Mobil Corp in a deal worth USD 3.45 billion.

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Buffett's Berkshire buys sizable new Exxon Mobil stake

Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new $3.45 billion stake in Exxon Mobil Corp, after buying 40.1 million shares in the world's largest publicly traded oil company.

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Buffett relies on deputies to find Unit CEO successors

According to pundits and observers, Berkshire Hathaway Inc chief Warren Buffett had resorted to a different management approach in hiring new chief executives for his business units.

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