Topic: NetJets Inc.
Buffett: Execs should pay price for risky bets
AP News
Buffett criticizes business world where shareholders hurt more than execs when risky bets failBillionaire Warren Buffett, in his annual letter to shareholders, sternly urged companies to develop harsh penalties for executives who get into trouble with risky investments. Buffett's Berkshire Hathaway Inc. delivered a 61 percent jump in net ...
Berkshire net rises, Buffett sees housing rebound
Reuters US Online Report Top News
NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc said fourth-quarter profit surged, helped by derivatives bets tied to global stock markets, though operating profit fell 40 percent as the weakened economy weighed on several businesses. Profit rose for a third straight quarter, and full-year profit increased 61 percent, as ...
NetJets, Ryanair scrapping orders everywhere (TXT, BA, RYAAY)
AlphaNinja
Orders for small and large aircraft are being cancelled in HUGE volume, and we only may be seeing the beginning. NetJets is nuking it's expansion plans, as the "I can maybe afford this?" customer ditches their service and heads back to commercial travel.In a press release announcing that ...
Berkshire Hathaway says 3Q profit triples to $3.2B
AP News
<div id="subtitle">Warren Buffett's company says 3Q net income triples to $3.2B as value of its derivatives soar</div><div><p>Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did ...
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