berkshire hathaway inc-cl b (BRK/B) Key Developments
Berkshire Hathaway Inc. Announces Earnings Results for the Fourth Quarter of 2014
Feb 28 15
Berkshire Hathaway Inc. announced earnings results for the fourth quarter of 2014. For the quarter, the company's profit slid 17% because of declines in the paper value of its investments and derivative contracts. Net income declined to $4.16 billion, or $2.529 per Class A share, on $48.3 billion revenue. That's down from $4.99 billion, or $3.035 per share, on $47 billion revenue last year. The biggest factor was investment and derivative gains of $192 million this year compared to $1.2 billion last year.
Berkshire Hathaway Mulls Acquisitions
Feb 28 15
Berkshire Hathaway Inc. (NYSE:BRK.A) is seeking acquisitions. Berkshire Hathaway wants to buy more businesses to add to Berkshire Hathaway's "sprawl," but cautioned it may not keep the company he has run for 50 years from evolving into something rarely used to describe it up until now. Buffett still wants Berkshire to make acquisitions in the $5 billion-$20 billion range. And purchases could be even bigger if he teams with partners, such as 3G Capital, Inc.
Berkshire Hathaway Inc. to Report Fiscal Year 2014 Results on Feb 28, 2015
Feb 26 15
Berkshire Hathaway Inc. announced that they will report fiscal year 2014 results at 8:00 AM, US Eastern Standard Time on Feb 28, 2015
Berkshire Hathaway Reportedly Mulls Acquisitions
Feb 25 15
Berkshire Hathaway Inc. (NYSE:BRK.A) is seeking acquisitions. Berkshire Hathaway is looking for acquisition targets in Germany, he told business daily Handelsblatt. Buffett is primarily looking at family-owned companies in Germany, Italy and France, according to the report.
Berkshire Hathaway Inc. Announces Earnings Results for the Third Quarter and First Nine Months Ended September 30, 2014
Nov 7 14
Berkshire Hathaway Inc. announced earnings results for the third quarter and first nine months ended September 30, 2014. For the quarter, the company reported operating earnings of $4,724 million against $3,662 million for the same period a year ago. Net earnings attributable to the company's shareholders were $4,617 million against $5,053 million for the same period a year ago. Revenue grew 10% to $51.2 billion.
For the nine months, the company reported operating earnings of $12,588 million against $11,363 million for the same period a year ago. Net earnings attributable to the company's shareholders were $15,717 million against $14,486 million for the same period a year ago.