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Warren Buffett defends 3G, Clayton Homes as Berkshire profit grows
2016-02-27 18:05:06| Food - Topix.net
Warren Buffett on Saturday launched vigorous defenses of a private equity firm and a mobile home unit that critics say employ controversial business practices antithetical to Buffett's own at Berkshire Hathaway Inc ( In his widely-read annual letter to Berkshire shareholders, Buffett said he would do more deals with 3G Capital, a Brazilian firm with which Berkshire owns a majority of Kraft Heinz Co ( Buffett also devoted more than 1,200 words in his roughly 18,000-word letter to defending Berkshire's Clayton Homes unit, after articles in the Seattle Times accused the nation's largest mobile home builder of predatory lending and exploiting black and Latino borrowers.
Tags: homes
profit
warren
grows
Warren Buffett says it's 'highly likely' climate change poses a major problem
2016-02-27 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Business Insider: Warren Buffett doesn't think climate change is a major worry for Berkshire Hathaway shareholders. In his latest letter to holders, Buffet addressed the topic of climate change as there is a proxy proposal for Berkshire to discuss how climate change could affect its insurance business at its upcoming meeting. Buffett writes that he is not denying the science showing that climate change will likely be a problem. But he's just not 100% certain that it will be. From the letter (emphasis ours):...
Tags: change
problem
major
highly
Waiting for Warren Buffett to give his view of the world
2016-02-25 16:36:47| Railroads - Topix.net
Buffett wrote that Berkshire's net income in 2014 increased by $18 billion. That gain wasn't matched last year as freight volumes at Burlington Northern were flat, auto claims at insurer Geico were up, and share prices in two companies where Berkshire has major holdings, IBM Last year's letter ran to 43 pages, twice the usual length, amid the 50th anniversary of Buffett taking control of a failing textile firm and turning it into a huge conglomerate that today is America's fifth-biggest company.
Uway Extrusion Displaying 5,000 lbs/hr HDPE Extrusion System During Open House in Uway's Warren, OH Production Facility
2016-02-11 11:31:07| Industrial Newsroom - All News for Today
Uway Extrusion recently began operations in a 50,000 square foot production facility in Warren, Ohio in September 2015. Their second project was to finish building and assembling a turn-key 5,000 lbs/hr HDPE sheet extrusion system that produced finished sheet with a width of up to 120 with sheet thickness varying...
Tags: system
house
open
production
Warren Buffett might be too attached to his portfolio
2016-02-09 22:54:23| Beverages - Topix.net
Buffett's Berkshire Hathaway has long considered American Express an integral part of its portfolio. He includes it in the list of so-called "big four" investments, which together dominate its holdings of public securities.
Tags: to
attached
portfolio
warren
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