Phillips 66 will repurchase 35 million shares for $93.725 per share. The buyback will bring Berkshire’s stake in Phillips 66 to slightly below 10 percent. “This transaction was solely motivated by our desire to eliminate the regulatory requirements that come with ownership levels above 10 percent,” Buffett said in a statement.
Everyone in BlackRock’s marketing department deserves a big bonus.
The woman who witnessed the crash was driving past junction 14 of the M4 in Berkshire, when she saw a black Jaguar saloon swerve suddenly across the road.
This reckless van driver ploughed into a level crossing barrier onto the railway tracks risking his life and causing ten hours of delays to train services in Sunningdale, Berkshire.
There’s no two ways about it: Berkshire Hathaway Inc. (NYSE:BRK.A, NYSE:BRK.B) stock, under the guidance of legendary stock-picker Warren Buffett, has been a better bet than the broad market for any portion of the past 50 years of Berkshire’s existence. While the S&P 500 mustered a heroic 22% gain in 2017, BRK stock — the […]
Armed police had tracked the animal – called Torak- for eight miles through the Berkshire countryside, and could have shot it if it strayed too close to the M4 motorway.
EXCLUSIVE: Rebecca Griffiths, 30, from Berkshire, suffers from a progressive form of cyclical vomiting syndrome that causes her to vomit blood dozens of times a day.
Book value, a key performance measure for Buffett reflecting assets minus liabilities, probably rose by 12 percent in the final quarter of 2017 because Berkshire can lower its tax bill on investments that have risen in value, Barclays analysts led by Jay Gelb wrote.
You may be surprised which one comes up short, while there are two that make for compelling buys right now.
Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) has sold another large piece of its stake in IBM Corp (IBM.N), backing further away from an investment that the billionaire has admitted was not one of his best. Berkshire cut its IBM stake 32 percent in the third quarter to about 37 million shares worth $5.37 billion from […]