top
logo

Your Bookmark

Facebook MySpace Twitter Digg Delicious Stumbleupon Google Bookmarks RSS Feed 

Login Form




What Is Value Investing?
What Is Value Investing?
( / Value Investing)
Benjamin Graham on Investing
Benjamin Graham on Investing
( / Value Investment)
Warren Buffett Wealth
Warren Buffett Wealth
( / Warren Buffett Series)
Penny Stock Prophet Reviews
Penny Stock Prophet Reviews
( / Equities & Stocks)
Killer Commodities
Killer Commodities
( / Commodities)
All About Stocks
All About Stocks
( / Equities & Stocks)
Super Stocks
Super Stocks
( / Equities & Stocks)
Home Berkshire Update

Moody’s Corporation (NYSE: MCO) may be back at the higher-end of its 52-week trading range with shares at $30.51.  But the glory days are long gone.  This was a $60 and $70 stock in 2007.  Berkshire Hathaway Inc. (NYSE: BRK-A, BRK-B) is still the largest shareholder of the company, but Warren Buffett keeps paring down his position.  Just yesterday came a filing showing that the Berkshire empire had unloaded more Moody’s stock.  Buffett may be selling this slow and orderly, but as far as we are concerned the Moody’s-Berkshire stake is on its way somewhere close to zero.

An SEC filing on Thursday showed that Berkshire Hathaway sold more than 205,000 more shares.  This takes the stake down to 30,786,876 shares.  The filing from yesterday showed 148,054 shares were sold on March 23 at $30.23, and then another 57,574 shares were sold on March 24 at $30.37.  Yesterday’s filing follows a earlier filing showing that some 816,000 shares had been sold.   As always, we have an index showing all of the most recent Buffett holdings.

See All stories : http://247wallst.com/2010/03/26/buffett-and-berkshire-selling-moodys-target-zero-shares-mco-brk-b/

AddThis Social Bookmark Button

Warren Buffett likes to buy companies with a very long time frame. In fact he likes the “Forever” trades. It seems that Buffett decided booze was a good deal. Berkshire Hathaway Inc.(NYSE: BRK-B, BRK-A) announced yesterday that its McLane Company subsidiary is acquiring Kahn Ventures, the parent company of Empire Distributors and Empire Distributors of North Carolina. In short, Berkshire Hathaway is buying wholesale distributors of distilled spirits, wine and beer with geographic footprints in Georgia and North Carolina.

 

AddThis Social Bookmark Button

March 11 (Bloomberg) -- Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc. who pays the company for postage and personal phone calls, received a $100,000 salary for a 29th straight year as he arranged a $27 billion acquisition.By Jamie McGee http://www.businessweek.com/news/2010-03-11/buffett-gets-100-000-berkshire-salary-for-29th-straight-year.html

AddThis Social Bookmark Button
Leave a CommentTrackbackEdit

In its annual letter to shareholders, Berkshire Hathaway Inc. (BRK.A) reportednet income of $8.1 billion and revenue of $112 billion for 2009. That's an improvement over the net income of $5.0 billion and revenue of $108 billion in 2008. However, net income in 2007 totaled $13.2 billion.

In dollar terms, the conglomerate's book value rose 19.8% last year to $21.8 billion, or $84,487 per share. That was the best gain since 2003, but trailed the S&P 500's return of 26.5% for the year. More Information. From http://www.bloggingstocks.com/2010/02/28/berkshire-hathaway-annual-letter-offers-good-news-bad-news/

AddThis Social Bookmark Button

By Avi Krawitz,Posted: 03/03/10 03:56

RAPAPORT... Berkshire Hathaway’s jewelry retail division, comprised of Borsheims, Herlzberg and Ben Bridge Jeweler, saw its revenue decline by 12 percent in 2009, the investment group reported, and posted a pre-tax loss for the year. 

AddThis Social Bookmark Button

Get Free Ebooks


bottom

Powered by Value Investing Notes. XHTML and CSS.