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Warren Buffett Closes Deal for Berkshire Hathaway Automotive
2015-03-11 23:17:00| AutomotiveDigest.com - Automotive Industry News
Berkshire Hathaway has closed the acquisition of the Van Tuyl Group, the fifth largest retailers in the US with 81 stores in 10 states. Berkshire Hathaway CEO Warren Buffett closed the deal and the company renamed the dealer group Berkshire Hathaway Automotive. Larry Van Tuyl, son of the founder, will stay on as the companys new chairman. The Article Warren Buffett Closes Deal for Berkshire Hathaway Automotive appeared first on Automotive Digest.
Tags: automotive
deal
warren
closes
Buffett: 'Fun Has Just Started' for Auto Sales at Berkshire
2015-03-11 17:42:12| Auto Dealers - Topix.net
Billionaire Warren Buffett said the "fun has just started" in the auto-sales business after his Berkshire Hathaway Inc. purchased Van Tuyl Group, the largest closely held U.S. car dealership group. "This is the beginning of a journey that will have no end," Buffett said in a statement announcing the completion of the transaction.
Warren Buffett takes down Exxon
2015-03-09 23:47:19| Chemicals - Topix.net
Warren Buffett's recent distaste for oil took a new twist Monday: His Berkshire Hathaway passed up Exxon Mobil as the third-most-valuable company in the U.S. Just weeks after Buffett disclosed he was bailing out on energy stocks , Berkshire Hathaway is now valued at $361.2 billion. That puts the diversified holding company just ahead of Exxon Mobil's market value,t just shy of $360 billion.
Tags: takes
warren
exxon
buffett
International Business Machines Corp. (IBM): Did Warren Buffett Really Got It Wrong?
2015-03-04 10:24:21| Electronics - Topix.net
International Business Machines Corp. continues to be the center of attention on Wall Street. In the wake of Duquesne founder, Stan Druckenmiller in an interview with CNBC saying the company's problems are secular and should weigh in on the stock in the long-term.
Tags: it
business
international
wrong
Why Did Buffett Keep Buying IBM? - Cramer's Mad Money
2015-03-03 04:12:38| Auto Parts - Topix.net
Cramer said that Friday was a rest day for most investors as it was time to recharge for the coming week. Cramer will be watching the following in the coming week: As Netflix released the new season of "House of Cards", Cramer thinks analysts will raise estimates on Monday based on higher subscriptions.
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