Profile of Berkshire Acquisition Target Burlington Northern
The Manual of Ideas submits:This morning, Berkshire Hathaway (BRK.A) announced the acquisition of railroad Burlington Northern Santa Fe (BNI) for a transaction value of $44 billion and an equity value of $100 per share in cash and stock. Read the public announcement (pdf) and coverage by Bloomberg and Reuters.Profile of Burlington Northern Santa Fe (BNI)Complete Story » seekingalpha.com |
Toyota's Best Days Are Over
Timothy Lutts submits: The recent problems at Toyota (TM), combined with the collapse of the stock, which is now off 19% from its January high, have erstwhile bargain-hunters asking if the stock is a good buy here. I think not, and here’s why.Complete Story » seekingalpha.com |
Eddie Lampert Ups AutoNation Stake
Market Folly submits: In a Form 4 filed with the SEC, Eddie Lampert's hedge fund firm RBS Partners has updated its stake in AutoNation (AN). Lampert has boosted his holdings by acquiring 137,143 shares on April 9th at a weighted price of $18.2887, 134311 shares on April 12th at $18.2963, and finally 320,985 shares on April 13th at $18.2891 per share. In total, RBS Partners recently purchased 592,459 shares of AN. After all its purchases, Lampert's RBS now owns 59,441,500 shares of AutoNation.Keep in mind that he also bought shares in his other investment vehicles as well (ESL Investors, ESL Institutional Partners, etc). These purchases were on a smaller scale on the same dates and around the same prices. The overwhelming majority of his position though is held via his hedge fund RBS Partners. Lampert of course recently graced Forbes' billionaire list.Complete Story » seekingalpha.com |
Precision Castparts F1Q11 (06/27/2010) Earnings Call Transcript
Precision Castparts (PCP) F1Q11 (06/27/2010) Earnings Call July 22, 2010 10:00 am ETComplete Story » seekingalpha.com |
Electric Cars: Dream or Nightmare for the Auto Industry?
Investment U submits: By Tony D’AltorioInvestors often get excited over new technologies. Sometimes they have a reason to and sometimes not so much.Complete Story » seekingalpha.com |