This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-28795260
The article has changed 4 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
Warren Buffett's Berkshire Hathaway shares top $200,000 | Warren Buffett's Berkshire Hathaway shares top $200,000 |
(about 5 hours later) | |
Shares in Warren Buffett's Berkshire Hathaway have surpassed $200,000 (£120,000) for the first time. | Shares in Warren Buffett's Berkshire Hathaway have surpassed $200,000 (£120,000) for the first time. |
That values the firm - which has added over 70 companies since Mr Buffett took it over in the 1960s - at an estimated $326bn. | That values the firm - which has added over 70 companies since Mr Buffett took it over in the 1960s - at an estimated $326bn. |
The company's shares have long been the most expensive stock in the US. | The company's shares have long been the most expensive stock in the US. |
Mr Buffett has never split the company's class A shares, although there are cheaper class B shares that are priced at $134 per share. | Mr Buffett has never split the company's class A shares, although there are cheaper class B shares that are priced at $134 per share. |
On Thursday, shares in Mr Buffett's company rose $3,241, or 2%, to end at $202,850. | |
The price of Berkshire Hathaway's class A shares are more then 60 times the next most expensive stock listed on US exchanges - that of Seabord Corporation, a transportation and agriculture firm. | The price of Berkshire Hathaway's class A shares are more then 60 times the next most expensive stock listed on US exchanges - that of Seabord Corporation, a transportation and agriculture firm. |
Earlier in August, Berkshire Hathaway reported second-quarter earnings of $6.4bn, | Earlier in August, Berkshire Hathaway reported second-quarter earnings of $6.4bn, |