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Berkshire opposes dividend proposal; Buffett, Gates get pay rises

Last Updated: Sunday, March 16, 2014, 23:12

Warren Buffett`s Berkshire Hathaway Inc has urged shareholders to vote against a proposal that it consider spending some of its USD 48.2 billion of cash on a "meaningful" dividend.

Ajit Jain's mind an 'idea factory': Warren Buffett

Last Updated: Sunday, March 02, 2014, 14:51

Continuing to shower praise on him, billionaire investor Warren Buffett has said Ajit Jain's mind is an "idea factory" that always looks to add more lines of business to his current assortment.

Upbeat Buffett eyes big acquisitions after record Berkshire profit

Last Updated: Saturday, March 01, 2014, 23:23

"America`s best days lie ahead," Buffett, 83, said in his annual letter to Berkshire shareholders.

Berkshire Hathaway posts record profit in 2013

Last Updated: Saturday, March 01, 2014, 22:52

Profit for the full year rose to $19.5 billion from $14.8 billion in 2012.

Buffett's Berkshire dumps stake in Dish, Glaxo

Last Updated: Saturday, February 15, 2014, 13:23

Warren Buffett's Berkshire Hathaway Inc eliminated its stake in Dish Network Corp in the fourth quarter and added a stake in financial giant Goldman Sachs, according to a regulatory filing on Friday.

Buffett's Berkshire buys sizable new Exxon Mobil stake

Last Updated: Friday, November 15, 2013, 09:01

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

Buffett's Berkshire set to get nearly $2.15 bn of Goldman stock

Last Updated: Tuesday, October 01, 2013, 13:21

Warren Buffett's Berkshire Hathaway Inc will receive Goldman Sachs Inc stock worth nearly USD 2.15 billion on Tuesday through warrants acquired as part of a deal originally signed during the depths of the 2008 financial crisis.

Warren Buffet to have major stake in Goldman Sachs

Last Updated: Wednesday, March 27, 2013, 00:18

Warren Buffett will become one of the largest shareholders in Goldman Sachs Group Inc. later this year.

'GIC says no loss due to buying cover from Berkshire'

Last Updated: Tuesday, March 12, 2013, 19:37

Government on Tuesday said it is examining the way in which the state-owned GIC entered into an arrangement with Berkshire Group of USA and its subsequent cancellation within a short period after payment of USD 15.2 million premium towards reinsurance business cover.

Warren Buffett reveals magic mantra behind spectacular investment success

Last Updated: Tuesday, March 05, 2013, 21:26

American tycoon Warren Buffett has said investors should focus on quality stock and ‘value’ does not necessarily mean ‘cheap’.

Bow deeply when you see Ajit Jain: Warren Buffett

Last Updated: Sunday, March 03, 2013, 11:59

Showering accolades, Buffett asked shareholders to "bow deeply" if they happen to see Jain at the annual meeting.

Pay $3.5 million for a lunch with Warren Buffet

Last Updated: Saturday, June 09, 2012, 22:38

The organization said yesterday's winning bidder wished to remain anonymous. Williams said 10 people actively engaged in bidding.