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BUSINESS BRIEFS.(A)
TELECOM
Motorola sells out Symbian stake
Nokia will become the top shareholder in the mobile software venture when it and British software partner Psion buy Motorola's 19% stake. Motorola wants to focus on phones that use Sun Micro's Java, though it's also rumored to be working on one that uses Microsoft's Smartphone software. Motorola will still license Symbian.
BellSouth-AT&T merger talks stall
In the latest hang-up in nearly two years of on-and-off talks, BellSouth wants to pay only a small premium over AT&T's current trading price of about $22 a share, BusinessWeek reported, citing sources. AT&T wants $25 a share, or $20 bil. Other local phone giants such as Verizon and SBC also are eyeing the long-distance giant.
Nextel boosted by outlook, stake
Shares of the U.S. wireless operator could double in 18-24 months due to rapid profit growth, BusinessWeek said. Also, Warren Buffett's Berkshire Hathaway disclosed it has bought at least $320 mil in Nextel Communications debt and preferred shares since the start of 2002. Nextel rose 7% to 19.33.
- Berkshire Hathaway Inc. - Iscar Ltd. Joint News Release; Berkshire Hathaway to...
- Press release article from: Business Wire May 5, 2006 700+ words
...over the past 50 years." About Berkshire Hathaway Berkshire Hathaway and its subsidiaries engage in...United States; Korea; Brazil; China; Germany; India; Italy and...LLP provided legal advice to Berkshire Hathaway.
- MIDAMERICAN AND BERKSHIRE HATHAWAY ANNOUNCE INVESTMENT IN BYD CO.
- News wire article from: AsiaPulse News September 29, 2008 700+ words
...MidAmerican and Berkshire Hathaway Announce Investment...Hong Kong, China Energy Editors...Holdings Company, a Berkshire Hathaway Inc. (NYSE...the people of China. Mr Wang Chuanfu...chairman and CEO of Berkshire Hathaway Inc. "MidAmerican...
- MidAmerican and Berkshire Hathaway Announce Investment in BYD Company Limited.
- Press release article from: Business Wire September 27, 2008 700+ words
...Hong Kong, China HONG KONG...Holdings Company, a Berkshire Hathaway Inc. (NYSE...the people of China. Mr. Wang Chuanfu...chairman and CEO of Berkshire Hathaway Inc. "MidAmerican...grateful that Berkshire Hathaway and MidAmerican...Hong Kong, China. Mr. Sokol ...
- Johns Manville to Be Acquired by Berkshire Hathaway; Announces Agreement to...
- News wire article from: Canadian Corporate News December 20, 2000 700+ words
...NYSE: JM) and Berkshire Hathaway Inc. (NYSE: BRK...transaction with Berkshire Hathaway. The share repurchase...America, Europe and China. Additional information...www.jm.com. Berkshire Hathaway is a holding company...
- BERKSHIRE HATHAWAY COMPLETES ACQUISITION OF ISCAR METALWORKING.
- News wire article from: AsiaPulse News July 6, 2006 700+ words
...continue as usual. About Berkshire Hathaway Berkshire Hathaway and its subsidiaries engage...States; Korea; Brazil; China; Germany; India; Italy...countries worldwide. CONTACT: Berkshire Hathaway Inc., Omaha Marc D. Hamburg...
- Buffett Raises First Data Stake.(Berkshire Hathaway increases shares in First...
- Magazine article from: American Banker Breitkopf, David August 18, 2005 700+ words
...preparer on March 31. Berkshire Hathaway's holdings of American...was not sure when Berkshire Hathaway bought the stock...stock ownership." Berkshire Hathaway, SunTrust and H...activities in India and China should also help...
- Berkshire Hathaway Inc. to Acquire 60% of Pritzker Family Company, Marmon...
- Press release article from: Business Wire December 25, 2007 700+ words
...amp; CHICAGO -- Berkshire Hathaway Chairman and CEO...Kingdom, Europe and China. Collective revenues...lines of business. Berkshire Hathaway's decision recognizes...it is clear that Berkshire Hathaway shares the values...
- Zacks Bull and Bear of the Day Highlights: Sciele Pharmaceuticals, Avnet,...
- Press release article from: Business Wire June 12, 2008 700+ words
...provides analysis on Berkshire Hathaway (NYSE: BRK.A...Zacks Analyst Blog: Berkshire Hathaway (NYSE: BRK.A...on the shares of Berkshire Hathaway. We expect Berkshire...industrialization of China, Russia and India...