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'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.
The conglomerate's operating profit — earnings from the company's wholly owned businesses — skyrocketed 71% to $14.5 billion in the fourth quarter.
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.
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.
Berkshire Hathaway’s (BRK/A ... the Burlington Northern Santa Fe (BNSF) railroad, operating in the U.S. and Canada. Railroad freight volume improved, but a “labor agreement in the fourth ...
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 ...
Warren Buffett’s Berkshire Hathaway on Saturday joined a growing ... The Omaha, Nebraska-based company owns Geico car insurance, the BNSF railroad, and an array of energy, industrial, retail ...
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 ...