Stories by Josh Funk

Monday, Oct. 3, 2016

Bass Pro acquires Cabela's in $4.5 billion deal

The deal combines two companies known for their giant destination superstores. Bass Pro founder and CEO Johnny Morris said he hopes to continue growing the Cabela's brand.
By Josh Funk

Monday, May 16, 2016

Major stake in Apple bought by Buffett firm

OMAHA, Neb. - Inves­tors might question Warren Buffett's long-standing aversion to tech stocks after his Berkshire Hathaway bought 9.8 million shares of Apple.
By Josh Funk

Wednesday, Dec. 2, 2015

Cabela's may be hunting for a buyer

OMAHA, Neb. — Cabela’s, the outdoor sporting goods chain known for its elaborate in-store wildlife displays, may be seeking a buyer.  
By Josh Funk

Monday, Aug 10, 2015

Berkshire Hathaway to buy Precision Castparts

OMAHA, Neb. - Warren Buffett's biggest acquisition yet - a $32.36 billion buyout of Precision Castparts - will further change the complexion of Berkshire Hathaway and increase the conglomerate's ...
By Josh Funk

Monday, April 13, 2015

Former egg executives get jail over salmonella outbreak

SIOUX CITY, Iowa - Two former egg industry executives were sentenced to three months in jail Monday for their roles in a major 2010 salmonella outbreak that sickened thousands.
By Josh Funk

Monday, March 2, 2015

Buffett declines to clarify plan to eventually replace him

OMAHA, Neb. — Billionaire Warren Buffett didn’t end the speculation about his eventual successor, but he reiterated Monday that Berkshire Hathaway’s board has a plan in place.
By Josh Funk

Sunday, Jan. 11, 2015

Oil prices could cut into ethanol profits, but demand strong with federal biofuel mandate

Cheap oil will likely cut into ethanol profits because refiners will want to pay less for the corn-based fuel additive, but the industry is somewhat shielded by a federal biofuel mandate and the ...
By Josh Funk

Thursday, Nov. 13, 2014

Berkshire buying Duracell from P&G in $3 billion deal

OMAHA, Neb. - Buying Duracell will provide a short-term charge for Warren Buffett's company, but the battery maker could eventually wind up being a drain on Berkshire Hathaway Inc.
By Josh Funk

Thursday, Oct. 2, 2014

Buffett's Berkshire Hathaway buys auto dealer

Berkshire Hathaway buying auto dealership company Van Tuyl Group; terms not disclosed.
By Josh Funk

Saturday, May 3, 2014

Thousands descend on Omaha to hear Buffett speak

OMAHA, Neb. - The Berkshire Hathaway shareholders meeting is part celebration and part education, and more than 30,000 people gathered to hear Warren Buffett answer to investors Saturday.
By Josh Funk

Wednesday, May 15, 2013

Buffett buys stakes in Chicago Bridge & Iron, Starz

Warren Buffett's company revealed new investments in Chicago Bridge & Iron Co. and Starz on Wednesday, and it sold off some of its stake in snack food maker Mondelez International Inc.
By Josh Funk

Monday, May 6, 2013

Buffett: Stocks still reasonable but bonds awful

Investor Warren Buffett said even though the stock market is soaring, prices appear reasonable, and stocks would be a better investment than bonds for most people.
By Josh Funk

Sunday, May 5, 2013

Warren Buffett offers advice on investing, life

Billionaire Warren Buffett dispensed plenty of advice on investing and life during this weekend's Berkshire Hathaway shareholders meeting.
By Josh Funk

Thursday, May 2, 2013

Buffett says women key to nation's prosperity

Billionaire Warren Buffett is optimistic about America's economic future because the nation has begun to unleash the potential of women.
By Josh Funk

Wednesday, Dec. 12, 2012

Berkshire buyback costs $1.2 billion

Warren Buffett's company paid $1.2 billion to repurchase 9,200 Class A shares from the estate of a longtime shareholder, and Berkshire Hathaway said Wednesday that its board approved paying higher ...
By Josh Funk

Saturday, June 9, 2012

Buffett lunch goes for millions

The annual auction for a private lunch with the billionaire closed Friday night. In the end, the highest bid was a record-breaking $3,456,789.
By Josh Funk

Saturday, May 5, 2012

Buffett upbeat about health

OMAHA, Neb. - Warren Buffett worked to reassure shareholders Saturday that he is feeling good after his cancer diagnosis, and that Berkshire Hathaway is ready to replace him.
By Josh Funk

Wednesday, Feb. 15, 2012

Strong sales boost Deere profits

Deere says 1Q profit up 4 percent on strong global sales; some see outlook as conservative.
By Josh Funk
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