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Berkshire Hathaway Inc (BRKb.N)

BRKb.N on New York Stock Exchange

170.22USD
24 Feb 2017
Change (% chg)

$0.07 (+0.04%)
Prev Close
$170.15
Open
$169.50
Day's High
$170.27
Day's Low
$169.22
Volume
1,310,223
Avg. Vol
1,239,664
52-wk High
$170.27
52-wk Low
$128.89

Latest Key Developments (Source: Significant Developments)

Fitch affirms Berkshire Hathaway's IDR at 'AA-'
Friday, 17 Feb 2017 03:10pm EST 

Fitch:Fitch affirms Berkshire Hathaway Inc.'s IDR at 'AA-'.  Full Article

Vanguard Group reports 8.7 % passive stake in Berkshire Hathaway
Friday, 10 Feb 2017 12:40pm EST 

:Vanguard Group reports 8.7 % passive stake in Berkshire Hathaway as of Dec 31, 2016 versus previous passive stake of 7.9 percent as of Dec 31, 2015 - SEC filing.  Full Article

J&P cycles partners with Berkshire unit GEICO
Friday, 3 Feb 2017 12:08pm EST 

J&P Cycles :Motorcycle parts and accessories retailer J&P Cycles says partners with Berkshire Hathaway unit GEICO.  Full Article

Berkshire Hathaway Homeservices says Pondera Properties to join co's real estate brokerage network
Thursday, 26 Jan 2017 08:06am EST 

Berkshire Hathaway Inc :Berkshire Hathaway Homeservices - pondera properties to join Berkshire Hathaway Homeservices real estate brokerage network.  Full Article

NV Energy Inc says co, Apple reached agreement to build 200 megawatts of additional solar energy in Nevada
Wednesday, 25 Jan 2017 12:30pm EST 

NV Energy Inc. : NV Energy Inc - co, apple reached an agreement to build 200 megawatts of additional solar energy in Nevada by early 2019 . NV Energy- in coming weeks, co to file application with Public Utilities Commission of Nevada to enter into Power Purchase Agreement for solar power plant .NV Energy Inc - Apple will also dedicate up to 5 MW of power to NV Energy's future subscription solar program for residential and commercial customers.  Full Article

AIG partners with Berkshire Hathaway unit on reinsurance agreement
Friday, 20 Jan 2017 08:02am EST 

American International Group Inc : AIG Partners with Berkshire Hathaway unit on reinsurance agreement . American International Group Inc - cedes 80pct of reserve risk on substantially all U.S. Commercial long-tail exposures for accident years 2015 and prior . American International Group - consideration for agreement is $9.8 billion payable by June 30, 2017, with interest at 4pct per annum from January 1, 2016 to date of payment . American International Group Inc - maintains control of claims handling and commitment to serving our customers . American International Group Inc - agreement will be accounted for in Q1 of 2017 as a retroactive reinsurance agreement . AIG - Nico is assuming 80% of net losses, net allocated loss adjustment expenses on subject reserves in excess of first $25 billion . Aig - entered into binding term sheet for an adverse development reinsurance agreement, with national indemnity company . AIG currently expects a material prior year adverse development charge in Q4 . AIG - aig will retain sole authority to handle and resolve claims, and nico has various access, association and consultation rights . AIG - consideration paid to nico will be placed into collateral trust account as security for NICO'S claim payment obligations to AIG operating subsidiaries.  Full Article

Fitch rates Berkshire Hathaway's issuance 'A+'
Tuesday, 10 Jan 2017 10:09am EST 

Fitch Ratings :Fitch rates Berkshire Hathaway's issuance 'A+'.  Full Article

Moody's rates Berkshire senior notes Aa2, stable outlook
Thursday, 5 Jan 2017 08:55pm EST 

Moody's: Moody's rates Berkshire senior notes Aa2, stable outlook .Moody's on Berkshire - Berkshire's ratings reflect its strong market presence in its principal (re)insurance operations, diversification of its earnings.  Full Article

Mars Inc to combine chocolate and Wrigley segments to create Mars Wrigley Confectionery
Thursday, 6 Oct 2016 12:18pm EDT 

Mars Inc : Martin Radvan, current global president of Wrigley, will lead new mars Wrigley Confectionery .To combine chocolate and Wrigley segments to create Mars Wrigley Confectionery.  Full Article

Berkshire Hathaway ups stake in Apple by 55 pct
Monday, 15 Aug 2016 04:38pm EDT 

Berkshire Hathaway Inc: Ups share stake in Apple Inc by about 55 percent to 15.2 million shares - SEC filing . Ups share stake in Liberty Global Plc by 24.3 percent to 19.4 million Class A shares - SEC filing .Changes in holdings are as of quarter ended June 30, 2016 and compared with previous quarter ended March 31, 2016.  Full Article

More From Around the Web

Photo

Buffett upbeat on American business; Berkshire operating profit down

Warren Buffett on Saturday mounted a forceful and upbeat defense of the prospects for American business, as his Berkshire Hathaway Inc reported a higher quarterly profit though operating income fell. | Video