Sell of the company to Berkshire. Berk shire is owned by Warren Buffett.
Shares of the stock decline heavily, hurt partially by higher coal and oil prices. BNI sinks 6.98% as UBS analyst sees risk to BNI's profits and places a short-term sell rating on the company.
Railroad operator Burlington Northern Santa Fe Corp.'s third-quarter profit rose 8 percent, beating Wall Street expectations, as price increases offset lighter freight shipments and higher fuel costs.
Warren Buffett’s investment company Berkshire Hathaway bought 7.85 million more shares of Burlington Northern Santa Fe Corp on Oct. 3.