Warren Buffett’s Berkshire Hathaway firm agrees to pay $896,000 fine August 20, 2014 Berkshire Hathaway yesterday agreed to pay an $896,000 (£540,000) fine to settle a US government allegations that it violated anti-trust rules by failing to report a transaction that boosted its stake in building products company USG Corp. The civil penalty, which requires court approval, settles charges made by the US Department of Justice and Federal [...]
Warren Buffett’s Berkshire Hathaway share price reaches $200,000 August 14, 2014 Savers with a spare $200,000 could splash out on a new Bentley Continental GT – or they could buy one share in Warren Buffett’s conglomerate Berkshire Hathaway. The company’s stock roared past the $200,000 milestone last night, reaching as high as $201,114 – or £120,000 – per share. Billionaire Buffett, considered by many to be [...]
Berkshire buys IMI’s two retail units for £690m October 16, 2013 ENGINEERING firm IMI rose to the top of the FTSE 100 yesterday morning, as it unveiled the sale of two non-core assets to Warren Buffett’s Berkshire Hathaway for $1.1bn (£690m). Investors were warmed by the board’s proposal to return £620m to shareholders and contribute the remaining £70m to the IMI UK pension fund. The sale [...]