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Archive for May, 2011

Power Corp. shows Buffett how it's done
Globe and Mail
BN and its celebrity boss, Warren Buffett, in creating wealth for shareholders since the mid-1990s. Over the past 10 years, an investment in the Canadian company has yielded a compounded annual return of 7.71 per cent, compared with Berkshire's 6.25

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Buffett firm eyes Meralco partnership
Manila Bulletin
MANILA, Philippines — The energy holding firm of industrialist Warren Buffett is courting power utility giant Manila Electric Company (Meralco) for a tie-up on a power project that will run on liquefied natural gas. MidAmerican Energy Holdings chief

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Soaring rail-car orders validate Buffett's wager
Fort Wayne Journal Gazette
NEW YORK – Rail-car orders rose to the highest level in more than 13 years, showing a strengthening economic recovery and confirming the “all-in wager” by Warren Buffett in buying Burlington Northern Santa Fe. Orders surged more than sevenfold in the

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Berkshire Hathaway unit buys 3 Italian jewellers
Reuters Africa
MILAN, May 30 (Reuters) – US jewellery manufacturer and distributor Richline Group, a unit of US billionaire investor Warren Buffett's Berkshire Hathaway (BRKa.N: Quote), has bought three Italian jewellery brands.
Berkshire Hathaway unit buys 3 Italian jewellers, (LVMH), (BULG)Takeover Chatter

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Sydney Morning Herald
Just the medicine for making Australia a healthier place
Sydney Morning Herald
Billionaire investor Warren Buffett says "people at the high end" should pay more tax. Photo: Reuters Higher revenue would do wonders for the less well-off in our society, write Gavin Mooney and Alex Wodak. Tax affects more than Australians' hip

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