BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Buffett's railroad move: A win for BNI shareholders]]>http://www.bloggingstocks.com/2009/11/06/buffetts-railroad-move-a-win-for-bni-shareholders/http://www.bloggingstocks.com/2009/11/06/buffetts-railroad-move-a-win-for-bni-shareholders/http://www.bloggingstocks.com/2009/11/06/buffetts-railroad-move-a-win-for-bni-shareholders/#commentsFiled under: , ,

Warren Buffett's (NYSE: BRK.A) decision to buy the 77.4% shares of Burlington Northern Santa Fe (NYSE: BNI) that he did not already own, for $100 each in cash and stock, is like an early holiday present for BNI shareholders.

And first recommended on April 30, 2009 at a price of $67.81, that means BNI shareholders will earn a cool 47% for their April-bought shares. Not bad for a six-month investment. I would say BNI probably was worth 10-15% more, but BNI shareholders will take the immediate pay-off, just the same.

Buffett's move also reflects his stance toward U.S. railroads, a sector I like, too.

Continue reading Buffett's railroad move: A win for BNI shareholders

Buffett's railroad move: A win for BNI shareholders originally appeared on BloggingStocks on Fri, 06 Nov 2009 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BNIBNSFBRK.AinthenewstrainsWarren BuffettFri, 06 Nov 2009 09:00:00 EST<![CDATA[Berkshire Hathaway buying Burlinton Northern Santa Fe]]>http://www.bloggingstocks.com/2009/11/03/berkshire-hathaway-buying-burlinton-northern-santa-fe/http://www.bloggingstocks.com/2009/11/03/berkshire-hathaway-buying-burlinton-northern-santa-fe/http://www.bloggingstocks.com/2009/11/03/berkshire-hathaway-buying-burlinton-northern-santa-fe/#commentsFiled under: ,

A major acquisition is coming to light this morning, as Berkshire Hathaway (NYSE: BRK.A, BRK.B) has announced that it is acquiring Burlington Northern Santa Fe (NYSE: BNI). The deal calls for BRK to dish out $100 per share in cash and stock for the 77.4% of BNI shares that BRK doesn't already own. The deal will cost BRK $44 billion.

The acquisition gives us a glimpse into the mind of the Oracle of Omaha, BRK's CEO Warren Buffett. He feels that the "country's future prosperity depends on it having an efficient and well-maintained rail system." Buffett is betting that railroads are going to do well, which would stem from prosperity in the American economy.

Continue reading Berkshire Hathaway buying Burlinton Northern Santa Fe

Berkshire Hathaway buying Burlinton Northern Santa Fe originally appeared on BloggingStocks on Tue, 03 Nov 2009 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>acquisitionacquisitionsbnibnsfbrk.abrk.bfeaturedoracle of omahaOracleOfOmaharailroadrailroad stocksrailroadsRailroadStockswarren buffettWarrenBuffettTue, 03 Nov 2009 09:30:00 EST