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.
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 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.
Warren Buffett ’s Berkshire Hathaway Inc. , which was stripped of its top credit ratings over the last two years, agreed to put up $2.2 billion in a collateral trust to win a reinsurance deal with CNA Financial Corp.