Berkshire Hathaway Surpasses $500 a Share for the First Time Since Its 2010 Stock Split. Could Another Be on the Way?
For the year, BNSF’s pre-tax earnings increased 0.5%, to $6.64 billion, while revenue declined 0.5%, to $23.35 billion, the railway’s corporate parent, Berkshire Hathaway, reported on Saturday. BNSF’s net income declined 1.1%, to $5.03 billion.
Berkshire Hathaway Inc. (BRK.B), headquartered in Omaha, Nebraska, is a holding company that owns subsidiaries in a variety of business sectors like insurance, freight, rail, transportation, and utility.
Berkshire Hathaway's book value has lost some relevance; the insurance business and subsidiaries like BNSF are big factors in this consideration. See why BRK.A stock is a Hold.
Greg Abel, born in 1962 in Edmonton, Alberta, will succeed Warren Buffett as CEO of Berkshire Hathaway. He joined through its energy division and became Vice Chairman in 2018, with Buffett confirming him as his successor in 2021.
Key Points ・Berkshire Hathaway reported a strong year but faced earnings declines in more than half of its subsidiaries. ・Buffett acknowledged past investment missteps but maintained confidence in long-term strategies.
Here are three ways to follow the path set out by Berkshire Hathaway and Warren Buffett in the latest letter to shareholders.
Berkshire Hathaway's Class A shares crossed a milestone ... a stock split in 2010 after Berkshire purchased railroad operator BNSF. Buffett's reasoning behind not splitting the Class A shares ...
Berkshire Hathaway shares got a boost after Warren ... Class A shares of the Omaha-based parent of Geico and BNSF Railway jumped nearly 4% Monday following Berkshire's earnings report Saturday.
With a market cap of $1.1 trillion, Berkshire's other operations include a railway ... Hathaway Reinsurance Group, provide significant investment capital, while strategic acquisitions, such as ...