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Warren Buffett plays salesman-in-chief for Berkshire Hathaway while selling Dairy Queen treats

The Canadian PressMay 20, 2013 21:16
RALSTON, Neb. - Billionaire Warren Buffett isn't just Berkshire Hathaway's chairman and CEO. He's also the chief salesman. Buffett visited a Dairy Queen in Ralston, Neb., Monday evening to serve up the restaurant chain's new S'mores Blizzard flavour that will be available nationwide June 1. Then he ate ice cream for the cameras. Berkshire owns Minneapolis-based Dairy Queen, so Buffett's always happy to talk about his favourite treats.

Young entrepreneurs pitch ideas to investor Warren Buffett, win prizes for their businesses

The Canadian PressMay 20, 2013 13:00
OMAHA, Neb. - Meeting Warren Buffett is exciting, but 10-year-old Matthew Meyer says winning $5,000 and 10 shares of stock in Buffett's company made Monday the best day of his life. Matthew says winning the grand prize in a contest tied to "The Secret Millionaire's Club" cartoon makes him "rich-ish." The Cincinnati boy won the individual competition with a writing aid he designed. The cartoon, featuring an animated Buffett teaching financial lessons, airs on the Hub cable network and online at www.smckids.com .

S&P cut credit rating on Buffett's firm 1 notch to "AA" but maintains rating on subsidiaries

The Canadian PressMay 16, 2013 11:18
OMAHA, Neb. - Warren Buffett's Berkshire Hathaway Inc. was downgraded by Standard The ratings agency dropped its investment-grade counterparty credit rating for the Omaha-based holding company and all the debt it guarantees by one notch to "AA" from "AA+." But all of Berkshire's insurance subsidiaries keep their "AA+" ratings. S The ratings agency also said management succession is a concern at Berkshire.

Warren Buffett's firm reveals stakes in Chicago Bridge & Iron, Starz, adjusts other US stocks

The Canadian PressMay 16, 2013 01:49
OMAHA, Neb. - Warren Buffett's company revealed new investments in Chicago Bridge Berkshire Hathaway also made several other adjustments to its $85 billion U.S. stock portfolio during the first quarter. The changes were disclosed in documents filed with the Securities and Exchange Commission. At the end of March, Berkshire held 6.5 million shares of engineering and construction firm Chicago Bridge

Berkshire may boost DaVita stake to 25 percent

May 11, 2013 17:02
(Reuters) - Warren Buffett's Berkshire Hathaway Inc <BRKa.N>, the largest investor in DaVita HealthCare Partners Inc <DVA.N>, has entered an agreement allowing it to nearly double its stake in the largest U.S. operator of dialysis clinics to 25 percent. According to a regulatory filing, the companies on Tuesday entered a "standstill" agreement, which is often used to prevent unsolicited takeovers, indicating the maximum percentage of shares that Berkshire can own.

Warren Buffett joins Twitter, gains 1,000 followers a minute

May 8, 2013 15:12
(Reuters) - Warren Buffett accumulates Twitter followers even faster than he makes money. The 82-year-old "Oracle of Omaha" joined the service and sent his first tweet on Thursday, picking up more than 45,000 followers in just under 45 minutes. "Warren is in the house," Buffett said under the handle "@WarrenBuffett."

No tweets for me, Buffett's second-in-command says

May 8, 2013 15:11
By Jennifer Ablan and Jonathan Stempel OMAHA, Nebraska (Reuters) - So they are not completely in sync after all. A day after Berkshire Hathaway Inc Chairman Warren Buffett set up his own account on Twitter, his second-in-command, Charlie Munger, said he has no plans to follow the legendary investor's lead. Buffett, 82, launched his "@WarrenBuffett" account with the tweet "Warren is in the house," and immediately started adding followers at the rate of 1,000 per minute.

Billionaire Warren Buffett finds new online venue to share career advice he offers students

The Canadian PressMay 7, 2013 19:21
OMAHA, Neb. - Billionaire investor Warren Buffett encouraged young workers to find jobs they are passionate about as he offered career advice online Tuesday on a variety of topics. Buffett regularly takes time out of schedule to meet with groups of students from about 40 colleges every year and answer their questions on life and business. Buffett likes to compare what he does as chairman and chief executive of Berkshire Hathaway to painting a masterpiece on canvas, and because he loves what he does, it doesn't feel like work.

Berkshire sells off more Moody's shares, stake down to 11.1 percent

May 7, 2013 13:40
(Reuters) - Warren Buffett's Berkshire Hathaway Inc <BRKa.N> <BRKb.N> sold off another 1.375 million of its Moody's Corp <MCO.N> shares in the past three trading days, leaving it with an 11.1 percent stake in the parent of credit rating agency Moody's Investors Service. Berkshire sold the shares in several transactions on Thursday, Friday and Monday, yielding a total of $84.5 million and leaving it with about 25.3 million shares, according to a regulatory filing on Monday.

Berkshire Hathaway's annual meeting of shareholders

May 7, 2013 13:13
OMAHA, Nebraska (Reuters) - More than 35,000 people descended on Omaha, Nebraska, on Saturday for the annual shareholder meeting of Warren Buffett's ice cream-to-insurance conglomerate, Berkshire Hathaway Inc. Following are selected comments by Buffett, Vice Chairman Charlie Munger and other Berkshire executives on a broad range of topics: BUFFETT ON HIS SON HOWARD'S QUALIFICATIONS TO BE NONEXECUTIVE CHAIRMAN AFTER THE ELDER BUFFETT IS NO LONGER RUNNING THE FIRM:
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