San Fransisco Chronicle (Free subscription) | 25/11/2009
Capmark Financial Group Inc. said it has received approval to complete the $515 million sale of its North American servicing and mortgage banking units to a joint venture owned by Warren Buffett's Berkshire Hathaway Inc. and Leucadia National Corp. Capmark... Berkshire Hathaway - Warren Buffett - United States - Business - Leucadia National
GuruFocus Updates (Free subscription) | 24/11/2009
By guruek. (GuruFocus, November 24, 2009) In an interview earlier this month with PBS Paul Kangas, Bruce Berkowitz discussed his strategy of focusing on cash, ignoring the crowd, focusing on the best ideas. They also talked about Berkowitz's best ideas such as Berkshire Hathaway and health care stocks such as Humana and Well Point, and why he holds so much cash. Read more » »
Seattle Post-Intelligencer (Free subscription) | 25/11/2009
HORSHAM, Pa. -- Capmark Financial Group Inc. said it has received approval to complete the $515 million sale of its North American servicing and mortgage banking units to a joint venture owned by Warren Buffett's Berkshire Hathaway Inc. and Leucadia National Corp.
Seattle Times (Free subscription) | 25/11/2009
Capmark Financial Group Inc. said it has received approval to complete the $515 million sale of its North American servicing and mortgage banking units to a joint venture owned by Warren Buffett's Berkshire Hathaway Inc. and Leucadia National Corp.
Tell-It-Like-It-Is (Free subscription) | 26/11/2009
NEW YORK -Facebook has created a dual-class stock structure designed to give founder Mark Zuckerberg and other existing shareholders control over the company. The move could be seen as laying the groundwork for an initial public offering, though the social network said Tuesday it had no plans to go public "at this time." The dual-class structure is what Google Inc.'s founders, Larry...
24/7 Wall St. (Free subscription) | 24/11/2009
We recently discussed the changes that have been taking place inside Berkshire Hathaway Inc. (NYSE: BRK-A) as Warren Buffett has been going higher up the food chain. In his more focused and more opaque approach, it also seems that after a $44 billion deal including debt to buy Burlington Northern Santa Fe Corp. (NYSE: BNI) [...]
EconomicPolicyJournal.com (Free subscription) | 23/11/2009
Bloomberg is reporting that Warren Buffett's Berkshire Hathaway is in part financing its acquisition of Burlington Northern Santa Fe Corp. by borrowing $8 billion for just one year:JPMorgan Chase & Co. and Wells Fargo & Co. are arranging an $8 billion loan for Warren Buffett’s Berkshire Hathaway Inc. to help finance the takeover of railroad Burlington Northern Santa...
Reuters (Free subscription) | 22/11/2009
NEW YORK (Reuters) - Current valuations of waste managers such as Waste Connections Inc , Waste Management Inc and Republic Services Inc give the company's shares a lot of room to rise, according to a Barron's story.
San Fransisco Chronicle (Free subscription) | 24/11/2009
The move could be seen as laying the groundwork for an initial public offering, though the social network said Tuesday it had no plans to go public "at this time."The dual-class structure is what Google Inc.'s founders, Larry Page and Sergey Brin, created to keep voting control over that company before it went public in 2004. Google's Class B shares, owned by Page, Brin, CEO Eric Schmidt and...
MSNBC.com (Free subscription) | 24/11/2009
5:50 p.m. ET NEW YORK - Facebook has created a dual-class stock structure designed to give founder Mark Zuckerberg and other existing shareholders control over the company. The move could be seen as laying the groundwork for an initial public offering, though the social network said Tuesday it had no plans to go public "at this time." The dual-class structure is what Google Inc.'s founders,...
24/7 Wall St. (Free subscription) | 23/11/2009
Cadbury plc (NYSE: CBY) is effectively worth almost more than ever because of the merger interest. Kraft Foods Inc. (NYSE: KFT) has a cash and share bid is worth roughly $16.4 billion already, and Cadbury wants more. Throwing in the Hershey Co. (NYSE: HSY) bid may only complicate matters. Throw in Italy’s Ferrero and Switzerland’s [...]
