News
Berkshire takes $3.8 billion Kraft Heinz write-down as quarterly profits decline
Berkshire said the 12 per cent quarterly decline in insurance underwriting profit stemmed primarily from reinsurance businesses and some smaller insurance businesses. Geico, its best-known insurance business, saw pre-tax underwriting profit rise 2 per cent, as a 5 per cent increase in premiums offset a smaller rise in accident losses.
The blockbuster deal raises the odds that Buffett’s Berkshire Hathaway, which owns the Burlington Northern Santa Fe railroad, ...
Its interest comes as its chief rival, Union Pacific, pursues a takeover of Norfolk Southern, Semafor reported Thursday, ...
Reuters on MSN13d
BNSF Hires Goldman, CSX Seeks Bankers as Union Pacific Sparks Rail M&A Race, Sources Say(Reuters) -BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union ...
Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.
Berkshire Hathaway has over $300 billion in cash. Warren Buffett may be eyeing the railroad sector to put the cash to work.
CSX Corp. is working with Goldman Sachs Group Inc., people familiar with the matter said, as the company explores options to ...
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback