December 10, 1992 |
One of the biggest beneficiaries of General Dynamics Corp.'s decision to sell its military aircraft division Wednesday is Nebraska investor Warren E. Buffett. Buffett, sometimes known as "the sage of Omaha," bought 4.35 million shares, or 15%, of the company in late July at an estimated $74 a share, or $322 million. News of the sale of the division to Lockheed Corp. for $1.525 billion sent General Dynamics' stock up $2.875 to close at $103.
July 15, 2003 |
Berkshire Hathaway Inc. Chairman Warren Buffett and a San Francisco charity decided against allowing three groups to match a $250,100 bid that won a luncheon with the billionaire investor to benefit the organization. Buffett and the Rev. Cecil Williams, head of the Glide Foundation, initially said they were receptive to the idea of additional luncheons but changed their minds over the weekend.
September 4, 1995 |
Many of America's most dazzling fortunes have sprung from the success of a lone product or idea. With J. Paul Getty it was oil, with Sam Walton, retailing. Most recently, it was Bill Gates and computers. However, among the great tycoons, Warren Buffett is unique. He is the only one whose vast wealth is built on a singular ability to pick the right stocks and businesses.
August 21, 2003 |
The Securities and Exchange Commission denied Warren Buffett's appeal to delay disclosing some of his stock holdings. Buffett, the chairman of Berkshire Hathaway Inc., was looking to prevent others from imitating his investment moves. The billionaire argued that other investors would follow his lead, raising the prices of the stocks and making it more costly for Berkshire to acquire them.
November 13, 1993
I found your review of Jimmy Buffett's concert ("Buffett Is the Perfect Party Host," by Mike Boehm, Oct. 11) incredibly ignorant and offensive. You show no awareness of the history of the music (or) the evolution of the artist and his fans. How can you comment on a concert and offend the fans without educating yourself? Next time, do some research before you lash out. Or even better, don't do it at all. CHRISTIE OPPLIGER San Juan Capistrano
May 3, 2004 |
Billionaire investor Warren Buffett endorsed Sunday a Securities and Exchange Commission plan that would make it easier for shareholders to nominate directors. The proposed rule would let large shareholders nominate candidates on corporate proxy ballots if 35% of the votes for a director had been withheld the previous year.
October 18, 2000 |
Warren Buffett, the billionaire investor, will name three people to succeed him as head of Berkshire Hathaway Inc., the Wall Street Journal reported. Though Buffett, 70, told the paper he has no intention of retiring as chairman and chief executive, recent colon surgery has made him consider the future leadership of Berkshire. Howard Buffett, his eldest son, will become chairman. Louis Simpson, currently head of investments at Geico Corp.
October 12, 1998 |
Jimmy Buffett and his Coral Reefer Band end their summer tour before a packed house of colorful if indiscriminate parrot heads. The crowd gets sloshed as beach balls and inflated sharks ricochet. Buffett reigns as supreme party commander in a predictable set dominated by breezy, too-familiar pop fare. That was the scene Friday night at Irvine Meadows Aphitheatre, the first of Buffett's two-date engagement that ended Sunday.
March 14, 2000 |
Maybe Warren Buffett's shareholders felt pity after the self-flagellation he undertook in his annual letter to Berkshire Hathaway owners, published last weekend. Or maybe it was just the hope that he'll end their recent misery with a stock buyback program by Berkshire. Berkshire's Class B shares soared $118, or 8.6%, to $1,488 a share on Monday on the New York Stock Exchange. The Class A shares jumped $3,500 to $44,800.
September 13, 2007 |
Warren Buffett has cut his stake in PetroChina Co. to 9.72% amid calls for him to sever ties to the firm because of its investments in Sudan. Buffett's Berkshire Hathaway Inc. sold 92.66 million shares Aug. 29, according to a company filing with the Hong Kong stock exchange Wednesday. In July, Omaha-based Berkshire cut its holding to 10.96% from 11.05%.