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Warren Buffett

Elliott lawyer says third bidder may top Buffett's Oncor bid

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An unidentified utility could pay $9.3 billion to buy Texas power transmission company Oncor Electric Delivery Co, topping Berkshire Hathaway Inc's $9 billion bid, a lawyer for the largest creditor of Oncor's parent told a U.S. bankruptcy judge on Friday.

Buffett's Berkshire Hathaway will not increase its Oncor offer

The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will "stand firm" on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase its offer.

Deals, Budget 2017, Business 17 Aug 2017

Buffett's Berkshire Hathaway will not increase its Oncor offer

The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will "stand firm" on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase its offer.

17 Aug 2017

UPDATE 2-Buffett's Berkshire Hathaway will not increase its Oncor offer

Aug 16 The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will "stand firm" on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase its offer.

Buffett's Berkshire adds Synchrony, sheds GE

NEW YORK Warren Buffett's Berkshire Hathaway Inc on Monday said it added a stake in Synchrony Financial , boosting its bet on the credit card industry, and shed its investment in the company's former parent, General Electric Co .

Budget 2017, Business 15 Aug 2017

UPDATE 1-Buffett's Berkshire adds Synchrony, sheds GE

NEW YORK, Aug 14 Warren Buffett's Berkshire Hathaway Inc on Monday said it added a stake in Synchrony Financial, boosting its bet on the credit card industry, and shed its investment in the company's former parent, General Electric Co.

15 Aug 2017

Berkshire profit falls as underwriting loss offsets railroad gains

Warren Buffett's Berkshire Hathaway Inc on Friday reported a 15 percent drop in second-quarter profit, as lower investment gains and a loss from insurance underwriting offset improvement in its BNSF railroad business.

05 Aug 2017

UPDATE 2-Berkshire profit falls as underwriting loss offsets railroad gains

Aug 4 Warren Buffett's Berkshire Hathaway Inc on Friday reported a 15 percent drop in second-quarter profit, as lower investment gains and a loss from insurance underwriting offset improvement in its BNSF railroad business.

05 Aug 2017

Energy Future warns delay would kill Oncor sale to Buffett

WILMINGTON, Del., July 26 Warren Buffett's Berkshire Hathaway Inc will walk away from its $9 billion acquisition of Oncor Electric Delivery Co if the deal is delayed, an attorney for the parent company of Texas' largest utility told a bankruptcy judge on Wednesday.

T-Mobile quarterly results top estimates as subscribers grow

T-Mobile US Inc's quarterly results topped analysts' estimates as the No. 3 U.S. wireless carrier on Wednesday reported record low customer attrition and said it was considering a quarterly dividend.

20 Jul 2017