Displaying posts tagged with

“Berkshire”

Feb
13
2010
Business By Pranika Jain | Comments turned off

Record turnover for Berkshire stock

The trading of Berkshire Hathaway Inc. Class B stocks reached record highs in the NYSE’s closing auction and ended the day mildly in positive terrain at $76.90 on the back of 316 million shares traded. The average daily volume in the class B stock after a split 50-to-1 intended to help carry out the acquisition [...]

Jan
6
2010
Business By Pranika Jain | Comments turned off

Buffet asks Kraft’s shareholders to act as owners, says ‘no’ to Cadbury offer

The report of Warren Buffet trying to hold back Kraft Foods Inc. in its quest to acquire Cadbury Plc elicited a strong sense of déjà vu for those who had witnessed Buffett restraining investor who helped scuttle Coca-Cola Co.’s bid for Quaker Oats, 10 years ago. Buffett’s Berkshire Hathaway Inc., Kraft’s biggest shareholder (9.34 per [...]