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Portland aerospace giant Precision Castparts sold to Warren Buffett's company for $37B

2015-08-11 10:23:12| Footwear - Topix.net

The boards of both Precision and Berkshire Hathaway Inc. unanimously approved the deal for $235 per share in cash. The transaction comes in at $37.2 billion, a figure that includes $5.2 billion in Precision's debt.

Tags: company sold giant portland

 

Precision Castparts could be sold to Warren Buffett's Berkshire Hathaway

2015-08-09 03:39:36| Footwear - Topix.net

The Wall Street Journal reported Saturday that Warren Buffett 's company is close to buying Portland's Precision Castparts Corp. The move for the aerospace company could mean the loss of a Fortune 500 headquarters for Oregon. The state counts just two other such corporate giants: Nike Inc. and Lithia Motors .

Tags: sold precision warren berkshire

 
 

Buffett's company reports 37 percent drop in 2Q earnings

2015-08-08 23:43:26| Food - Topix.net

Warren Buffett's Berkshire Hathaway reported a 37 percent drop in its second-quarter profit as the paper value of its investments fell and its insurance companies reported an underwriting loss. Berkshire Hathaway's net income fell to $4.01 billion, or $2,442 per Class A share.

Tags: company reports percent drop

 

Warren Buffett's investing acumen is demonstrated brilliantly in this Nevada power deal

2015-08-01 18:21:06| Semiconductors - Topix.net

Warren Buffett is generally regarded as something of a demi-god in investing circles. Most of the praise comes for his stock picking abilities though, rather than for his ability to select good managers at good companies and give them the freedom to run those firms well.

Tags: power deal demonstrated investing

 

Warren Buffett's investing acumen is demonstrated brilliantly in this Nevada power deal

2015-08-01 16:01:22| Electronics - Topix.net

Warren Buffett is generally regarded as something of a demi-god in investing circles. Most of the praise comes for his stock picking abilities though, rather than for his ability to select good managers at good companies and give them the freedom to run those firms well.

Tags: power deal demonstrated investing

 

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