Editor's Note: Welcome to Love It or Hate It a regular dual-column feature that will capture the love-hate relationship America has with some of its biggest most controversial companies. For past columns click here. For the opposing view on Exxon see Exxon: Slick Slimy and Dangerous.Aside from the captain who was below deck when the Exxon Valdez struck Bligh Reef in Alaska’s Prince William Sound in 1989 ExxonMobil (XOM) is a smart well-run company that has rewarded investors with steady returns. What’s not to love?ExxonMobil earns its money by turning gloppy stinky crude oil into the fuel needed to ...
As the old saying goes, “You’re either a contrarian, or a victim.”
It just so happens that one of the savviest contrarians I know is my colleague, Louis Basenese.
And nobody takes that to heart more than Lou does. I’ve scratched my head in bewilderment on many occasions after reading one of Lou’s bold ...
Warren Buffett, the CEO and Chairman of Berkshire Hathaway (BRK-A)/(BRK-B), announced on Thursday to borrow $8 billion of loan for the acquisition of Burlington Northern Santa Fe Corporation (BNI). Berkshire Hathaway, which already owns a 22% stake in Burlington Northern, announced earlier this month it would acquire the rest for a ...
Warren Buffett, the CEO and Chairman of Berkshire Hathaway (BRKA)/(BRKB), announced on Thursday to borrow $8 billion of loan for the acquisition of Burlington Northern Santa Fe Corporation (BNI). Berkshire Hathaway, which already owns a 22% stake in Burlington Northern, announced earlier this month it would acquire the rest for a total value of $34 [...]
by David Fessler, Energy & Infrastructure Expert
Friday, November 20, 2009: Issue #1142
As the old saying goes, “You’re either a contrarian, or a victim.”
It just so happens that one of the savviest contrarians I know is my colleague, Louis Basenese.
And nobody takes that to heart more than Lou does. I’ve scratched my [...]
Warren Buffett, the CEO and Chairman of Berkshire Hathaway (BRK.A)/(BRK.B), announced on Thursday to borrow $8 billion of loan for the acquisition of Burlington Northern Santa Fe Corporation (BNI). Berkshire Hathaway, which already owns a 22% stake in Burlington Northern, announced earlier this month it would acquire the rest for a total value of $34 billion. Buffet agreed to pay $100 a share in cash and stock to buy the rest of the company.[More...]
Companies featured in this segment: General Electric Company (NYSE:GE), CSX Corporation (NYSE:CSX), Burlington Northern Santa Fe Corporation (NYSE:BNI), Union Pacific Corporation (NYSE:UNP), General Motors Corporation (OTC:GMGMQ), National Grid plc (NYSE:NGG), Siemens AG (NYSE:SI), and E.ON AG (OTC:EONGY)
Companies featured in this segment: Burlington Northern Santa Fe Corporation (NYSE:BNI), Consumers Energy, CMS Energy Corporation (NYSE:CMS), NRG Dunkirk Power LLC, NRG Energy Incorporated (NYSE:NRG), Dow Chemical Company (NYSE:DOW), BASF Corporation (OTC:BASFY), Huntsman Corporation (NYSE:HUN), Sasol (NYSE:SSL), Inner Mongolia Yitai Coal Company Limited (SHA900948), Pan Pacific Copper Company Limited, Compania Minera Quechua SA, and Allegheny Technologies Incorporated's (NYSE:ATI).
Companies featured in this segment: Burlington Northern Santa Fe Corporation (NYSE:BNI), PG&E Corporation (NYSE:PCG), General Electric Company (NYSE:GE), The Boeing Company (NYSE:BA), SNC-Lavalin (TSX:SNC), The Dow Chemical Company (NYSE:DOW), Corning Incorporated (NYSE:GLW), BearingPoint Incorporated (NYSE:BE), General Electric Company (NYSE:GE), Hitachi Limited (NYSE:HIT), Areva (EPA:CEI), Siemens AG (NYSE:SI), ConocoPhillips (NYSE:COP)
Companies featured in this segment: Burlington Northern Santa Fe Railway (NYSE:BNI), Union Pacific Railroad (NYSE:UNP), Pinnacle West Capital Corporation (NYSE:PNW), GE (NYSE:GE), The Wood Group (LSE:WG), Dow Chemical Company (NYSE:DOW), Rohm and Haas Company (NYSE:ROH), Fluor Corporation (NYSE:FLR), Invensys plc (LON:ISYS), Mining Limited (ASX:RIV), Tata Steel (BOM:500470), Vale (NYSE:RIO), Rateau-Alstom (EPA:ALO), E.ON (OTC:EONGY), Shaw Group Incorporated (NYSE:SGR), Sinopec Shanghai Petrochemical Company (NYSE:SHI), China Petroleum & Chemical Corporation (NYSE:SNP)
