American International Group Inc. Chief Executive Officer Robert Benmosche raised doubt about whether the company will complete a sale of its plane-leasing unit to a Chinese investor group by a deadline this month.
Meyer Shields says earnings at Warren Buffett’s Berkshire Hathaway Inc. will increase the most since 2006 this year. He’s also telling investors to sell the shares because the economic recovery is weakening.
Berkshire Hathaway Inc., run by billionaire investor Warren Buffett , became a victim of its own success when a brokerage analyst reduced the company’s shares to “sell” for the first time in six years.
Warren Buffett’s bet on Bank of America Corp. and a more-generous buyback plan helped his Berkshire Hathaway Inc. beat the Standard & Poor’s 500 Index in a year when he didn’t make a major acquisition.
Willis Group Holdings Plc, the third-largest insurance broker, jumped the most since 2011 in New York trading after posting higher-than-expected fourth- quarter revenue, fueled by growth outside of North America.
Warren Buffett ’s Berkshire Hathaway Inc. may record an $800 million writedown tied to asset declines in the second quarter, said Meyer Shields , the Stifel Nicolaus & Co. analyst who cut the stock to “sell” yesterday.
Berkshire Hathaway Inc. is poised to report its biggest year-over-year increase in book value per share since 2010 on gains from investments, operating-business earnings and Chairman Warren Buffett’s equity-derivative bets.