Berkshire Hathaway Inc
Netflix announces a 10-for-1 stock split
Mateusz Slodkowski | SOPA Images | Lightrocket | Getty Images Netflix announced a 10-for-1 stock split Thursday, a move that changes nothing fundamentally about the company, but could make the pricey individual shares more accessible to the retail investor. Existing shareholders as of Nov. 10 will receive nine additional shares for each one they hold. […]
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Berkshire Hathaway downgraded to sell by KBW, citing Buffett succession, ‘many’ other issues
Keefe, Bruyette & Woods downgraded Berkshire Hathaway to underperform, warning that Warren Buffett’s succession risk and a slew of business-specific headwinds could weigh on the conglomerate’s earnings and share performance over the next year. The brokerage slashed its rating to the equivalent of sell from neutral, and cut its price target for Berkshire’s Class A […]
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Warren Buffett Watch: Berkshire’s Japanese stock positions top $30 billion
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire’s Japanese stock positions top $30 billion The total value of the five Japanese “trading houses” in Berkshire Hathaway’s equity portfolio has topped $30 billion […]
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Warren Buffett Watch: His last big deal as Berkshire CEO before Abel takes over?
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Buffett seen as ‘winner’ in what may be his last big buy as CEO A screen displays the trading information for Occidental Petroleum […]
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Berkshire Hathaway votes to separate chairman and CEO roles, paving way for Abel to succeed Buffett at year-end
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway formally separated the roles of chairman and chief executive officer, a long-anticipated move that paves the way for Greg Abel to succeed Warren Buffett as CEO at the beginning […]
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CNBC Daily Open: There’s no stopping the U.S. stock markets
A bronze sculpture of a bull is displayed on Broadway in the financial district November 14, 2000 in New York City. Chris Hondros | Hulton Archive | Getty Images Investors continue to pile into stocks, undeterred by a government shutdown or shaky jobs data, with all three benchmarks hitting record highs Thursday. With the Senate […]
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Stocks making the biggest moves premarket: Occidental Petroleum, Lithium Americas, Fair Isaac & more
Check out the companies making the biggest moves premarket: Occidental Petroleum , Berkshire Hathaway — Occidental gained around 1% after Berkshire Hathaway announced it was buying the oil company’s petrochemical division, OxyChem, for nearly $10 billion in cash . Class B shares of Berkshire Hathaway slipped about 0.2%. Fair Isaac — The stock rallied 19% […]
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Berkshire Hathaway to buy Occidental’s OxyChem for $9.7 billion, in Buffett’s biggest deal in three years
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Warren Buffett’s Berkshire Hathaway announced Thursday it reached a deal to buy Occidental Petroleum’s petrochemical unit, OxyChem, for $9.7 billion in cash. The deal marks Berkshire’s largest since 2022, when it paid $11.6 billion for insurer Alleghany. […]
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