Nov 7th, 2009 - Dallasnews
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In the shipping battle of trucks vs. trains, Warren Buffett's wager is on rail.
DAVID WOO/DMNBurlington Northern Santa Fe trains line tracks in Saginaw. Railroad companies, tooting their horns about trains' fuel-efficiency, are poised for gains as energy prices rise.
The next economic uptick – just getting started in some areas – will call Buffett's bet on whether railroads can deliver big earnings.
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Buffett firm sees profits triple
Nov 8th, 2009 - BBC NEWS
Warren Buffett is considered one of the world's greatest investors
Billionaire Warren Buffett's investment firm has reported that profits almost tripled in the third quarter.BNSF CEO calls Berkshire deal 'great opportunity' - Omaha World
Nov 8th, 2009 - Omaha
Burlington Northern Santa Fe Corp. need no longer worry about hedge funds or other "activist investors" that attempt hostile takeovers, said Matthew K. Rose, CEO of the rail company.
That's what happened two years ago to CSX Corp....Warren Buffett's Berkshire says net income triples
Nov 6th, 2009 - CNNMoney
* Q3 Class A shr $2,087 vs $682 a year ago * Operating profit down less than 1 percent * Results follow announced Burlington Northern takeover (Adds comments, financial...
Berkshire Hathaway's net income triples
Nov 6th, 2009 - Reuters
NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Friday said third quarter net income tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance profit.UPDATE 1-Fitch may cut Berkshire rating on Burlington buy
Nov 5th, 2009 - Forbes
NEW YORK, Nov 5 (Reuters) - Fitch Ratings said on Thursday it may cut its ratings on Warren Buffett's Berkshire Hathaway Inc on concerns about the effect its planned acquisition...
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5:23Buffett on His Railroad Bet
Berkshire Hathaway Chairman Warren Buffett on buying Burlington Northern Santa Fe railroad.
2:42BNSF Railroad/Warren Buffett/Omaha
Congratulations to all Berkshire Hathaway holders on their upcoming acquisition of BNSF. Historic rivals unite!
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2:32Who Wants to Be a Warren Buffett?
Warren Buffetts company Berkshire Hathaway is spending $26 billion on railroad company Burlington Northern. Its Berkshires biggest buy ever, and the latest move in Buffetts value-investing strategy.
