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Berkshire Hathaway Inc (BRKa.N)

BRKa.N on New York Stock Exchange

260,080.00USD
1:37pm EDT
Change (% chg)

$669.98 (+0.26%)
Prev Close
$259,410.00
Open
$259,630.00
Day's High
$260,302.00
Day's Low
$259,420.00
Volume
32
Avg. Vol
87
52-wk High
$266,390.00
52-wk Low
$213,100.00

Latest Key Developments (Source: Significant Developments)

‍berkshire Hathaway Energy says 10 stakeholders support bid for Oncor​
Tuesday, 25 Jul 2017 05:40pm EDT 

July 25 (Reuters) - Berkshire Hathaway Inc :‍berkshire Hathaway Energy - announced that 10 stakeholders support Berkshire Hathaway Energy's bid for Oncor​.  Full Article

Home Capital fully repays $2 bln Berkshire Hathaway backed credit facility; completes commercial mortgage asset sale
Tuesday, 25 Jul 2017 05:05pm EDT 

July 25 (Reuters) - Home Capital Group Inc :Home Capital fully repays $2 billion Berkshire Hathaway backed credit facility; completes commercial mortgage asset sale.Home Capital Group Inc - full repayment of berkshire backstop credit facility significantly reduces interest expense for company going forward.Home Capital Group Inc - co received proceeds of about $662 million from previously announced arrangement to sell certain commercial mortgage assets​.Says ‍as of July 25, 2017, company's aggregate available liquidity and credit capacity stood at approximately $3.59 billion​.Home Capital Group Inc - will continue to pay stand by fee of 1% on undrawn funds until Berkshire facility matures one year from initial funding date.Home Capital Group - ‍received about $1.13 billion on sale,discharges of commercial mortgages in connection with initiatives to increase liquidity​.  Full Article

Berkshire Hathaway Energy says supports new Texas stakeholder groups for its proposed acquisition of Oncor
Monday, 17 Jul 2017 04:36pm EDT 

July 17 (Reuters) - Berkshire Hathaway Inc :Berkshire Hathaway Energy -announced support of new Texas stakeholder groups for its proposed acquisition of Oncor Electric Delivery Company Llc‍​.Berkshire Hathaway Energy - co also announced addition of three more commitments that support energy market in Texas.Berkshire Hathaway Energy- TXU Energy, NRG Energy, team and alliance for retail markets have signed regulatory commitments proposed by co.  Full Article

Buffett's Berkshire Hathaway Energy to buy Oncor
Friday, 7 Jul 2017 12:01am EDT 

July 7 (Reuters) - Berkshire Hathaway Energy: :Oncor to join warren Buffett's Berkshire Hathaway Energy.Berkshire Hathaway Energy - has executed a definitive merger agreement with Energy Future Holdings Corp.Berkshire Hathaway Energy - will acquire reorganized EFH, which will ultimately result in acquisition of Oncor.Berkshire Hathaway Energy - all-cash consideration for reorganized EFH is $9 billion implying an equity value of approximately $11.25 billion for 100% of Oncor.Berkshire Hathaway Energy - upon deal closing, Bob Shapard will assume role of executive chairman of Oncor board, and Allen Nye will assume role of CEO of Oncor.  Full Article

Berkshire Hathaway nearing deal to buy electric company Oncor -CNBC, citing DJ
Thursday, 6 Jul 2017 12:10pm EDT 

July 6 (Reuters) - Berkshire Hathaway Inc :Berkshire Hathaway nearing deal to buy electric company Oncor - CNBC, citing Dow Jones.  Full Article

Berkshire says will exercise warrants to acquire 700 mln shares of Bank of America
Friday, 30 Jun 2017 06:00am EDT 

June 30 (Reuters) - Berkshire Hathaway Inc ::Berkshire Hathaway Inc News release.Bank of America Corp announced plans to increase quarterly dividend to $0.12 per share on June 28.When Bank of America increases quarterly dividend​, co will exercise warrants to acquire 700 million shares of Bank of America at $7.142857/share.Expects to use $5 billion of Bank of America Corporation 6% preferred stock that currently owns as consideration to acquire common shares.  Full Article

Home Capital announces successful completion of initial equity investment by Berkshire Hathaway
Thursday, 29 Jun 2017 10:56am EDT 

June 29 (Reuters) - Home Capital Group Inc :Home Capital announces successful completion of initial equity investment by Berkshire Hathaway.  Full Article

Home capital announces receipt of tsx conditional listing approval for initial equity investment by Berkshire Hathaway
Thursday, 29 Jun 2017 06:35am EDT 

June 29 (Reuters) - Home Capital Group Inc :Home Capital announces receipt of TSX conditional listing approval for initial equity investment by Berkshire Hathaway.Home Capital announces receipt of TSX conditional listing approval for initial equity investment by Berkshire Hathaway.Parties are now able to proceed with transaction, subject to satisfaction of remaining customary closing conditions.  Full Article

Store Capital says ‍intends to use proceeds from national indemnity co offering to repay indebtedness‍​
Monday, 26 Jun 2017 07:22am EDT 

June 26 (Reuters) - Berkshire Hathaway Inc :Store Capital - ‍intends to use proceeds from national indemnity co offering to repay indebtedness, fund property acquisitions in course of business​ ‍​.  Full Article

Store Capital announces investment from Berkshire Hathaway
Monday, 26 Jun 2017 06:45am EDT 

June 26 (Reuters) - Store Capital Corp :Store Capital announces investment from Berkshire Hathaway.Store Capital Corp - Investment represents 9.8% ownership stake.Store Capital Corp - Berkshire Hathaway has invested $377 million in company, representing 9.8% of total shares outstanding.Store Capital- Co issued 18.6 million shares of co stock in a private placement to a wholly owned subsidiary of Berkshire Hathaway at a price of $20.25 per share.  Full Article

UPDATE 2-Home Capital cedes gains as regulatory concerns weigh

* Tougher regulations could impact lending (Recasts, adds analyst comment, updates shares)