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People Daily (Free subscription) | 11/11/2009
Billionaire investor Warren Buffett's purchase of US rail freight giant Burlington Northern Santa Fe Corp has spurred a rally in Chinese railways-related stocks, especially transportation and construction firms, and come as a shot in the arm for the sector. Shares of railway transportation companies Daqin Railway Co, China Railway Tielong Container Logistics, Guangshen Railway and Good Hand Railway...
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People Daily (Free subscription) | 11/05/2009
If you always wanted to invest alongside Warren Buffett, but found it too expensive, you now have your chance. Buffett's decision to conduct a 50-for-1 split of Class B shares of his Berkshire Hathaway Inc lowers the price of entry for ordinary investors who long found it prohibitively costly to buy the stock. The split is one piece of Berkshire's $26 billion takeover of Burlington Northern Santa Fe...
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People Daily (Free subscription) | 11/05/2009
Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out Burlington Northern Santa Fe Corp in a bet the nation's largest rail company will benefit from a recovering US economy. The deal, announced on Tuesday, is the billionaire investor's biggest-ever acquisition and may prompt him to sell some of his other investments, which include a wide range of companies from Coca-Cola Co to General...
5Vote!
Market Wire (Free subscription) | 11/04/2009
WESTON, FL (MARKET WIRE) Wall Street News Alert's "stocks to watch" this morning are: PrimeGen Energy Corporation (PINKSHEETS: PGNE), Burlington Northern Santa Fe Corporation (NYSE: BNI) and American International Group Inc. (NYSE: AIG).
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People Daily (Free subscription) | 11/04/2009
Renowned investor Warren Buffett has put his biggest bet on Burlington Northern Santa Fe Corp (BNSF), second largest U.S. railroad company, according to a statement released on Tuesday. Buffett's Berkshire Hathaway Inc. will pay 100 dollars per share in cash for the 78 percent of BNSF that it has not already owned, which comes to a total of 34 billion U.S. dollars. The price is 31.5 percent premium...
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Business Wire (Free subscription) | 11/03/2009
FORT WORTH, Texas & OMAHA, Neb.--(BUSINESS WIRE)--The boards of directors of Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) and Burlington Northern Santa Fe Corporation (BNSF; NYSE: BNI) today announced a definitive agreement for Berkshire Hathaway to acquire for $100 per share in cash and stock the remaining 77.4 percent of outstanding BNI shares not currently owned to increase its holdings to 100...
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The Huffington Post (Free subscription) | 10/30/2009
HuffPost readers responded to our request for more information about the companies and organizations which fund and support the Chamber of Commerce, which has been outspoken in its opposition to health care reform, climate change legislation and financial reform. For the following list, we chose to also include Chamber affiliates, such as the Chamber Institute for Legal Reform, the National Chamber...
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5Vote!
San Fransisco Chronicle (Free subscription) | 10/22/2009
The country's second-largest railroad, Burlington Northern Santa Fe, says its third-quarter earnings dropped because people still weren't buying more goods in stores and industrial production continued to sputter. But much lower costs for fuel and labor kept... Sponsored Topics: Rail transport - Burlington Northern Santa Fe Corporation - Country music - Business - Recreation
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