Nov 3rd, 2009 - Forbes
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You might think that Warren Buffett's $34 billion bid for the rest of Burlington Northern Santa Fe ( BNI - news - people ) is the most eye-catching investment decision of the day. While the Oracle of Omaha's bullish bet on America is hardly insignificant, I would like to direct your attention half a world away and ostensibly in a different investment medium: spot gold.
India's central bank bulked up that nation's gold reserves by 55% with the purchase of $6.7 billion worth of gold from the International Monetary Fund, which is selling gold reserves to raise funds for lending to poor nations.
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Berkshire May Lose AAA Rating on Burlington Buy
Nov 4th, 2009 - Newsmax
NEW YORK -- Standard & Poor's said on Wednesday it may cut Berkshire Hathaway Inc's coveted AAA rating, citing the company's plan to acquire Burlington Northern Santa Fe Corp...
MARKET SNAPSHOT: US Stock Market Gets Upbeat Signal From Buffett
Nov 4th, 2009 - CNNMoney
Berkshire Hathaway Inc.'s blockbuster deal for Burlington Northern Santa FeCorp. should offer a positive jolt to the broader U.S. stock market, which tendsto follow the lead of the transportation sector. "Rails in particular...
S&P may downgrade Berkshire, upgrade Burlington
Nov 4th, 2009 - Forbes
Standard & Poor's warned Wednesday that Warren Buffett's bid for Burlington Northern Santa Fe Corp. could sap the liquidity and capital position of the legendary investor's insurance operations at Berkshire Hathaway Inc....
Buffett's Burlington Breakup Fee Shows Confidence
Nov 4th, 2009 - Bloomberg
Nov. 4 (Bloomberg) -- Berkshire Hathaway Inc., the companythat agreed to buy Burlington Northern Santa Fe Corp. in itsbiggest takeover, accepted a lower-than-usual breakup fee in asign Warren Buffett expects no one will top his bid.Mixed Finish After Buffett's Big Bet
Nov 4th, 2009 - Forbes
Stocks wobbled around negative territory for much of Tuesday but managed to pull out a late win in two of three major indexes as mixed earnings reports competed for attention with Warren Buffett'sbet on America.
Related videos from YouTube:
0:52Burlington Northern Santa Fe - Berkshire To Buy Burlington Northern For $34 Billion - DealBook
tinyurl.com News Results: Berkshire Hathaway To Acquire BNSF The boards of directors of Berkshire Hathaway Inc. and Burlington Northern Santa Fe Corporation (BNSF - NYSE: BNI ) announced a definitive agreement for tinyurl.com ...
0:49Burlington Northern - Berkshire To Buy Burlington Northern For $34 Billion - DealBook
tinyurl.com News Results: Berkshire To Acquire Burlington Northern By JOHN KELL Berkshire Hathaway Inc. said it will acquire the 77.4% of Burlington Northern Santa Fe Corp. it doesn't already own for $26 billion in cash and tinyurl ...
0:39Eastbound BNSF grain train crossing the Santa Margarita River Valley
An eastbound BNSF grain train tops the summit at Sonora Peak and crosses the Santa Margarita River. Led by Dash 9-44CW #617, ex-Santa Fe SD40-2 #5092, and ex-Burlington Northern SD40-2 #6332, this train will duck under the Norden Snowshed and enter San Timoteo Canyon ...
1:07Buffett's Berkshire Buying BNSF Railroad
Making a $34 billion bet on the future of the US economy, Warren Buffett's Berkshire Hathaway on Tuesday agreed to buy the Burlington Northern Santa Fe railroad. (Nov. 3)
