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Tag: buffett
Buffett bets Precision can deliver long-term as aircraft sales grow
2015-08-11 18:23:26| IT Services - Topix.net
HOUSTON: Warren Buffett's US$32.3 billion deal for Precision Castparts Corp shows his willingness to overlook repeated operational stumbles at the company to place a long-term bet on the growth of global air travel. Buffett usually seeks out companies with strong leadership and earnings metrics.
Tags: sales
grow
deliver
precision
Buffett pays high price for Precision Castparts
2015-08-11 10:30:40| Food - Topix.net
Warren Buffett is paying a hefty price for the biggest bet of his career as his Berkshire Hathaway Inc. has agreed to buy Precision Castparts Corp., valuing the maker of aerospace and other parts at $32.3 billion. The purchase is Berkshire's largest, and it accelerates its transformation from a company largely dependent on insurance businesses into one resembling the broader U.S. economy, including a railroad, several industrial companies, utilities, a car dealership and consumer goods businesses.
Tags: price
high
pays
precision
Buffett and oil price drive US shares
2015-08-10 23:13:46| BBC News | Business | UK Edition
US stocks make a strong start to the week, with sentiment boosted by news of a new purchase by Warren Buffett's Berkshire Hathaway.
Buffett buys Precision Castparts
2015-08-10 13:47:38| BBC News | Business | UK Edition
Warren Buffett's investment firm Berkshire Hathaway agrees a deal to buy aircraft components maker Precision Castparts Corp for $37.2bn.
Tags: precision
buys
buffett
castparts
Buffett says reports that he bought Greek island 'a total fabrication'
2015-07-21 23:11:31| Real Estate - Topix.net
Billionaire investor Warren Buffett said on Tuesday that media reports that he and Italian real estate agent Alessandro Proto together purchased the island of St. Thomas, southwest of Athens, are "a total fabrication." NEW YORK: Billionaire investor Warren Buffett said on Tuesday that media reports that he and Italian real estate agent Alessandro Proto together purchased the island of St. Thomas, southwest of Athens, are "a total fabrication."
Tags: total
reports
island
bought
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