The conglomerate appears to be betting on Macy's shrinking competition and its new leadership focused on the store experience.
Berkshire Hathaway's $8.5 billion all-cash acquisition of Taylor Morrison provides a new valuation benchmark for mid-cap homebuilders and definitively validates the structural undersupply in the U.S. residential real estate sector.
Stocks look cheap, and there is a need for innovation in residential construction.
In one weekend, Warren Buffett's successor has given shareholders a reason to believe he is a savvy dealmaker.
United States Representative from Texas, Christian Menefee, has disclosed the sale of Berkshire Hathaway (NYSE: BRK.B) stock in a transaction that has raised concerns about potential conflicts of interest.
Berkshire Hathaway finally seems to be putting Warren Buffett's cash pile to work. It agreed to buy $10 billion of Alphabet stock the day after announcing an $8.5 billion acquisition.
Greg Abel appears to be putting his stamp on Berkshire Hathaway , which committed $16.8 billion over two days to buy homebuilder Taylor Morrison Home Corp and help Google build out AI.
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Berkshire Hathaway is putting its nearly $400 billion of cash to use.
Just being cheap isn't enough to attract hot money — there also has to be some belief that Wall Street vultures are circling. But now there's reason to think that, after two years of underperformance, more longer-term investors will be looking for bargains in the home-builder sector.
Berkshire Hathaway agreed to acquire homebuilder Taylor Morrison Home in a $6.8 billion deal. "I think one of the things we're so excited about is homebuilding runs in 5-, 7-, 10-year cycles.
Berkshire Hathaway has finally cracked open its wallet. A little.