Berkshire has worst year, Buffett still optimistic (AP)
[ad#blogbox]Warren Buffett remains optimistic about the prospects for his company and the nation even though Berkshire Hathaway Inc. turned in its worst performance in 2008 and the widely-followed investor says the economy will likely remain a mess beyond this year.
Berkshire has worst year, Buffett still optimistic (AP)
[ad#blogbox]Warren Buffett says the economic turmoil that contributed to a 62 percent profit drop last year at the holding company he controls is certain to continue in 2009, but the revered investor remains optimistic.
Berkshire reports a 96 percent drop in 4Q profit (AP)
[ad#blogbox]Warren Buffett’s Berkshire Hathaway Inc. reported a 96 percent drop in its fourth quarter profit because of largely unrealized losses of $3.25 billion on investments and derivative contracts.
Wall Street slides after Citigroup-government deal (AP)
[ad#blogbox]Wall Street ended another unforgiving month with a steep loss — one that left the Dow Jones industrial average at less than half its record high.
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Berkshire reports a 96 percent drop in 4Q profit (AP)
[ad#blogbox]Warren Buffett’s Berkshire Hathaway Inc. reported a 96 percent drop in its fourth quarter profit because of largely unrealized losses of $3.25 billion on investments and derivative contracts.
Wesco Financial Corporation Issues Calendar 2008 Earnings (Business Wire)
[ad#blogbox]PASADENA, Calif.—-Consolidated net income of Wesco Financial Corporation and its subsidiaries for the fourth quarter of 2008 amounted to $23,662,000 compared with $34,420,000 for the fourth quarter of 2007.
Warren Buffett still optimistic after rough 2008 (AP)
[ad#blogbox]Warren Buffett says the economic turmoil that contributed to a 62 percent profit drop last year at the holding company he controls is certain to continue in 2009, but the revered investor remains optimistic.
Berkshire reports a 62 percent drop in 2008 profit (AP)
[ad#blogbox]Warren Buffett’s Berkshire Hathaway Inc. has reported a 62 percent drop in its 2008 net income because investment and derivative losses of nearly $7.5 billion weighed on the results.
Buffett admits mistakes in annual Berkshire letter (AP)
[ad#blogbox]Billionaire Warren Buffett says he made at least one major investing mistake last year by buying a large amount of ConocoPhillips stock when oil and gas prices were near their peak.