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Warren Buffett knocks down reports that Berkshire's BNSF taps Goldman for a railroad takeover
The 94-year-old billionaire investor told CNBC's Becky Quick on the phone that no one from Goldman had talked to him or Greg ...
Goldman Sachs is advising BNSF Railway on a possible merger, according to a published report, just days after news broke of ...
There has been speculation that Berkshire Hathaway could bid for CSX to protect its BNSF railroad as competing Union Pacific ...
BNSF Railway has not engaged with investment bankers about a possible railroad merger, Berkshire Hathaway Chairman and CEO ...
Berkshire Hathaway has over $300 billion in cash. Warren Buffett may be eyeing the railroad sector to put the cash to work.
Berkshire Hathaway CEO Warren Buffett on July 22 denied reports that BNSF is working with Goldman Sachs on a possible merger ...
Its interest comes as its chief rival, Union Pacific, pursues a takeover of Norfolk Southern, Semafor reported Thursday, ...
On an adjusted basis, it reported a profit of 44 cents per share, above the analysts' average estimate of 42 cents per share, ...
BNSF is owned by Berkshire Hathaway Inc. “Such a deal might be an elephant-sized transaction that Berkshire CEO Warren ...
The mounting buzz has put other rail operators on alert. CSX Corporation (NASDAQ: CSX ), the other major East Coast railroad, ...
Fort Worth-based BNSF, owned by Warren Buffett’s Berkshire Hathaway, has had to reduce its workforce at locations across its network in 28 states and three Canadian provinces, where it runs ...
A BNSF train hauls oil cars outside Rifle, Colo., in June. Billionaire Warren Buffett bought the railroad for $26.5 billion in 2009. Since then, buoyed by an onshore oil boom, the railroad has ...
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