Berkshire Hathaway Inc

 

It's increasingly looking like Northfield-based Kraft Foods Inc. may end up in a bidding war with Hershey Co. for British confectionery giant Cadbury PLC. Citing unnamed sources, the Wall Street Journal reported Friday that the charitable trust that controls Hershey is pushing the Pennsylvania-based chocolate maker to launch a $17 billion bid for Cadbury. Last week, Kraft made a formal offer for Cadbury, reiterating its earlier $16 billion-plus bid for the company.

Kraft has really shown prudence in its bid   -Erin Swanson

 

 

 

Slow is fast for John Rogers, manager of the Ariel Fund. In a recent interview, he said that he is "extraordinarily comfortable" with the stock market at these levels. John's investment philosophy centers around buying small and medium-sized companies whose share prices are undervalued. He calculates what the private market value would be on such companies and buys those trading at a significant discounts to his figures.  

NEW YORK, Nov. 20 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue. US Nonwovens industry forecasts for 2013 & 2018 - October 2009 edition http://www.reportlinker.com/p0164661/US-Nonwovens-industry-forecasts-for-2013--2018---October-2009-edition.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=prnewswire US demand to increase 5% annually through 2013 Demand for nonwoven roll goods is projected to increase 5.0 p  

The age of transparency is upon Kohlberg Kravis Roberts. The private equity firm's third-quarter numbers are its first since last month's merger with its Amsterdam listed co-investor. Adjusted for the union, profits were roughly in line with the second quarter at $356m.  

 

Berkshire Hathaway ( BRK.A Quote ) made a splash with its bet on the rail sector through the acquisition of Burlington Northern ( BNI Quote ) . On a less-publicized note, Berkshire Hathaway's recently released update of portfolio holdings reveals Buffet wagers on Wal-Mart ( WMT Quote ) , Exxon Mobil ( XOM Quote ) and Nestle ( NSRGY Quote ) , and a shedding of positions in Moody's ( MCO Quote ) and ConocoPhillips ( COP Quote ) .