Monday, April 09, 2007

CNBC Said Besides BNI Buffett Invested In Another NA Railroad Stock

A CNBC reporter notes that besides Burlington Northern Santa Fe Corp. (NYSE: BNI), Warren Buffett has invested in two other North American railroads yet to be disclosed. Buffett disclosed a 10.9% stake in BNI on Friday.

The reporter mentions CSX Corp. (NYSE: CSX), Norfolk Southern Corp. (NYSE: NSC), Union Pacific Corp. (NYSE: UNP) and Canadian National Railway Company (NYSE: CNI) as possibilities.

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Thursday, February 08, 2007

No New York Times (NYT) Sale Says Analyst

According to reports from Bloomberg, a Lehman Brother analyst said a sale of the New York Times Co. (NYSE: NYT) to Warren Buffett or any other entity is highly unlikely due to the Sulzberger family control of the company.

Shares of New York Times closed up 3.8% Wednesday on rumors the billionaire was buying shares in the company. The stock is 2% lower today.

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