Items Tagged with 'Berkshire Hathaway'


  • Warren Buffett is sitting on $112 billion cash and wants to expand his housing market footprint

    Why did Buffet overlook HomeServices at this year’s “Woodstock for Capitalists”?
    It’s a question that comes up during the first weekend of every May at Berkshire Hathaway’s annual shareholder extravaganza: Will Warren Buffett, the third-richest man in the world and the CEO of a company that owns the biggest U.S. real estate brokerage, opine on the nation’s housing market?
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  • Berkshire Hathaway’s HomeServices of America acquires Long & Foster

    Long & Foster Real Estate is nation's largest independent residential real estate brand
    HomeServices of America, the real estate arm of Berkshire Hathaway, announced Thursday that it is acquiring The Long & Foster Companies, one of the largest private residential real estate companies in the country. In a release, the HomeServices said that acquiring the Long & Foster brands positions the company to be the “nation’s largest home ownership services provider.”
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  • Yahoo to pay $5.5 million for botched billion-dollar bracket contest with Quicken Loans

    Judge rules Yahoo violated contract with initial prize promoter
    Three years ago, Quicken Loans created a national uproar when it partnered with Yahoo and Berkshire Hathaway to launch the Billion Dollar Bracket Challenge, a contest involving picking the winners of the NCAA tournament games – all of the winners. No one won the billion dollars in 2014, the contest’s first and only incarnation. But now, three years later, Yahoo will be paying out for the contest, but not for the reason you might think.
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  • Clayton Homes unveils new tiny home series

    Only a matter of time
    Clayton Tiny Homes is the homebuilder’s latest venture to capitalize on the growing minimalist trend. The company introduced its new tiny homes to its shareholders over the weekend, and even brought on a new company manager to oversee the division.
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  • Warren Buffett gives us all an update on his stake in affordable housing

    Time for annual, public letter to Berkshire Hathaway shareholders
    Every year billionaire investor Warren Buffett releases an annual letter to Berkshire Hathaway shareholders, unraveling the inner workings of his conglomerate’s performance. The 29-page document details the status of Clayton Homes, which specializes in manufactured homes, a key industry in fixing the affordability crisis.
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  • Clayton Homes announces launch of new home delivery division

    Held ribbon-cutting ceremony Dec. 8
    Clayton Homes, a Berkshire Hathaway company, opened a new division of its company and will now be transporting its own manufactured houses. It announced it will use the new division to take more control over its homes on the road. Here’s more on the new division, and the training the new drivers will receive.
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  • Quicken Loans founder Dan Gilbert reportedly bids $5 billion for Yahoo

    Deal would dramatically increase scope of Gilbert’s empire
    Quicken Loans founder Dan Gilbert certainly is in the middle of a lot right now. The Cleveland Cavaliers, Gilbert's NBA team, is set to take the court in the NBA finals Monday night with their backs against the wall, down three games to one to the Golden State Warriors. But that's hardly all Gilbert has going on these days. Gilbert is also deep in the multi-billion dollar bidding process for Yahoo.
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  • Is Quicken Loans founder Dan Gilbert partnering with Warren Buffett to buy Yahoo?

    Berkshire Hathaway to finance deal?
    Recently, Yahoo made it known that it is interested in selling off its "core business" as the company struggles with declining revenue. Quicken Loans founder Gilbert is reportedly among the interested bidders, and he has a huge name ready and willing to serve as potential financial backing – Warren Buffett.
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  • Monday Morning Cup of Coffee: Don't worry, Warren Buffett says there's no housing bubble

    And then he puts his money where his mouth is
    Over the weekend, thousands of enthusiastic followers of Warren Buffett descended on Nebraska to hear from the famed "Oracle of Omaha" at Berkshire Hathaway’s yearly meeting. During the meeting, Buffett touched on the economy, investing, politics and life. And housing. Quite a bit about housing, actually. Here's your full recap, plus more on Buffett's burgeoning homebuilding empire. All that and more, in your Monday Morning Cup of Coffee.
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