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Energy and Capital
May 31
Comment
Warren Buffett's MidAmerican Energy Holdings Co. is about to become the nation's largest utility with its latest acquisition...
Market Intelligence Center
May 30
Comment
Closing out the day... Stocks rose Thursday after weaker-than-expected economic data reassured traders that the Federal Reserve would not be immediately be ending its easy-money policies.Among the high-volume stocks today Apple (AAPL), NV Energy...
Benzinga
May 30
Comment
Midway through trading Thursday, the Dow traded up 0.39 percent to 15,361.76, while the NASDAQ rose 0.71 percent to 3,492.12. The S&P was also up, gaining 0.52 percent to 1,657.00.
Top Headline
Costco Wholesale (NASDAQ: COST) reported a rise...
The Globe and Mail
May 30
Comment
Though utilities are down, the shrewd investor needs a bigger premium to win shareholder approval
Forbes
May 30
Comment
Yesterday, MidAmerican Energy Holdings Company, a subsidiary of Berkshire Hathaway (BRK.B), announced that they will be acquiring NV Energy (NVE), an energy holding company serving approximately 1.3 million electric and natural gas customers in...
TheStreet.com
May 30
Comment
NEW YORK -- Dish Network raised its buyout bid for Clearwire to $4.40 a share, valuing the wireless network operator at $6.9 billion, and topping a bid from Sprint.
Dish's bid is 29% higher than Sprint's bid of $3.40 a share. Sprint owns a...
TheStreet.com
May 29
Comment
NEW YORK (TheStreet) -- Berkshire Hathaway's energy subsidiary MidAmerican Energy is buying Las Vegas utility NV Energy for $23.75 a share in cash for an enterprise value of about $10 billion.
Berkshire's head Warren Buffet characterized...
Reuters
May 29
Comment
Berkshire Hathaway Inc's power production unit MidAmerican Energy will pay $5.6 billion for NV Energy Inc , the electric utility that serves Las Vegas and its power-hungry casinos.
Financial Times
May 29
Comment
NV Energy will be combined with MidAmerican, a power company owned by Warren Buffett’s Berkshire Hathaway, boosting its presence in the southwest
Benzinga
May 29
Comment
MidAmerican Energy Holdings Company, a subsidiary of Berkshire Hathaway
Inc., and NV Energy, Inc. (NYSE: NVE) announced today that they have reached a
definitive acquisition agreement whereby MidAmerican will acquire NV Energy,
an energy holding...
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Shareholders of Sierra Pacific Resources, the holding company for the utilities formerly known as Nevada Power Co. and Sierra Pacific Power Co., voted on Wednesday to change the parent company name to NV Energy Inc.
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