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Tag Archives: berkshire hathaway

HomeServices purchases Long & Foster, bolsters Mid-Atlantic presence (access required)

HomeServices of America Inc., a Berkshire Hathaway affiliate, purchased the nation’s largest residential real estate company and a powerhouse in the Baltimore region, Virginia-based Long & Foster Real Estate and its affiliated businesses. The companies announced the deal on Thursday ...

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Buffett: ‘No thanks’ on buying Tribune papers

Warren Buffett has been buying newspapers recently but says he’s not interested in the big papers owned by Tribune Co. Buffett spoke about his recent interest in the newspaper business on CNBC Monday. His Berkshire Hathaway will own 28 daily ...

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Buffett’s firm buys about $10.7B in IBM shares

OMAHA, Neb.  — Investor Warren Buffett says his company bought about $10.7 billion of IBM stock this year, giving it a stake of more than 5 percent stake in the technology company. Buffett revealed the investment during an interview on ...

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Bank of America sells half of its China bank stake

NEW YORK — Bank of America Corp. is selling half of its stake in China Construction Bank Corp. to raise cash and shore up its capital base. The nation’s largest bank by assets said Monday it will sell 13.1 billion ...

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Buffett: Economy needs less help from feds

OMAHA, Neb. — Billionaire Warren Buffett said Wednesday the U.S. economy continues to improve and doesn’t need as much government help as it is currently getting. Buffett appeared for three hours Wednesday on CNBC four days after releasing his annual ...

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Ex-Goldman director charged with insider trading

WASHINGTON — Federal regulators have charged a former Goldman Sachs board member with insider trading, saying he provided confidential information to the central figure in a major hedge fund probe. The Securities and Exchange Commission announced the civil charges against ...

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