Welcome to our dedicated page for BRK news (Ticker: BRK), a resource for investors and traders seeking the latest updates and insights on BRK stock.
BRK is a diversified conglomerate with strategic holdings spanning insurance, manufacturing, and industrial sectors, including notable subsidiaries like Duracell and Johns Manville. This page provides centralized access to official announcements, financial updates, and market developments related to BRK's multifaceted business activities.
Investors and analysts will find timely updates on earnings reports, strategic acquisitions, and leadership decisions that shape the company's cross-industry operations. The curated news collection serves as a reliable resource for tracking BRK's performance across its consumer goods, industrial manufacturing, and financial service segments.
Content includes press releases on portfolio expansions, analyses of operational milestones, and coverage of management initiatives driving long-term value creation. Regular updates ensure stakeholders stay informed about BRK's unique approach to maintaining a balanced, diversified business model.
Bookmark this page for streamlined access to BRK's latest developments, or check back regularly to monitor how the company continues leveraging its market position across multiple industries through disciplined investment strategies.
Berkshire Hathaway (BRK) has announced a significant leadership transition, with Greg Abel set to become the company's new President and CEO effective January 1, 2026. The announcement came during the company's Annual Shareholders Meeting on May 3, 2025, where current Chairman and CEO Warren Buffett revealed his recommendation to the Board of Directors. The Board unanimously approved Abel's appointment on May 4, 2025. Abel, who currently serves as Vice Chairman of Non-Insurance Operations, will take over the executive leadership while Buffett will retain his position as Chairman of the Board of Directors.
Berkshire Hathaway has announced key dates for its first quarter 2025 financial reporting and annual shareholders meeting. The company will release its Q1 earnings report and Form 10-Q on Saturday, May 3, 2025, at approximately 7:00 a.m. Central time on their website.
The 2025 Annual Shareholders Meeting is scheduled for the same day, featuring a notable question-and-answer session with Warren Buffett (Chairman and CEO), Greg Abel (Vice Chairman Non-Insurance Operations), and Ajit Jain (Vice Chairman Insurance Operations). The Q&A session will begin at 8:00 a.m. Central time.
Investors and interested parties can access the event through CNBC's broadcast and webcast, which will start at 7:30 a.m. Central time. The earnings release will be available at berkshirehathaway.com, while the meeting can be viewed at cnbc.com/brklive.
Berkshire Hathaway (BRK.A; BRK.B) has issued an official statement addressing circulating reports on social media platforms. The company explicitly denies the authenticity of alleged comments attributed to Warren E. Buffett that are currently spreading across Twitter, Facebook, and TikTok. The company firmly states that all such reports are false.
Berkshire Hathaway (BRK.A; BRK.B) has announced the winner of its 2025 Bracket Contest, with a FlightSafety International employee claiming the $1,000,000 grand prize. The winner successfully predicted 31 out of 32 games in the NCAA Men's Basketball Tournament's initial rounds.
The champion correctly picked the first 29 consecutive games before missing game 30 (Xavier vs. Illinois). Eleven other Berkshire subsidiary employees, who also correctly predicted 31 games but with fewer consecutive correct picks from the start, will each receive $100,000. The winner's performance continued to impress with 13 straight correct predictions on Saturday and Sunday, achieving an overall record of 44 wins and one loss in the first 45 games.
Johns Manville (JM), a Berkshire Hathaway company, has announced plans to construct a new Climate Pro blowing wool production line in Winder, Georgia. The expansion aims to meet increasing market demand for blowing wool insulation products.
Construction is scheduled to begin in early 2025, with operations expected to commence in mid-2027. The facility expansion will boost local employment to over 350 people in Winder.
The strategic location will enhance JM's ability to serve East Coast and Central U.S. markets efficiently. Climate Pro blown-in fiberglass insulation is designed for professional installation in attics and specialized applications, offering enhanced energy efficiency and coverage in hard-to-reach areas.
Berkshire Hathaway has released its financial results for Q4 and full-year 2024. The company reported significant investment fluctuations, with Q4 2024 showing after-tax gains of $2.1 billion, while the full year experienced after-tax losses of $38.1 billion. This contrasts with 2023's performance, which saw after-tax gains of $29.5 billion in Q4 and $53.0 billion for the full year.
The company's realized gains were substantial in 2024, reaching $3.1 billion in Q4 and $79.6 billion for the full year. Share repurchases totaled approximately $2.9 billion during 2024. As of December 31, 2024, there were 1,438,223 Class A equivalent shares outstanding. The company's insurance float increased by $2 billion to approximately $171 billion compared to year-end 2023.
Duracell announced the relocation of its Research and Development (R&D) headquarters to Atlanta, Georgia. The new facility will be housed in the Science Square Labs building, set to open in Summer 2026. The move is expected to create over 100 jobs in Atlanta and will feature state-of-the-art laboratories, modern collaborative workspaces, and advanced technology infrastructure.
The strategic decision was driven by Atlanta's vibrant technology ecosystem, access to top-tier talent, and proximity to manufacturing facilities. The company will provide comprehensive support programs and resources to assist with the relocation process. Georgia Tech President Ángel Cabrera welcomed the collaboration, emphasizing the bridge between academia and industry.
Berkshire Hathaway has announced that its 2024 Annual Report will be released on Saturday, February 22, 2025, at approximately 8:00 a.m. eastern time on their website. The report will include Warren Buffett's annual letter to shareholders, information about the company's financial position, operational results, and details about the upcoming Shareholders Meeting scheduled for May 3, 2025.
The company will simultaneously issue an earnings release alongside the Annual Report. Berkshire Hathaway operates across diverse sectors including insurance, reinsurance, utilities, energy, freight rail transportation, manufacturing services, and retailing, with its common stock listed on NYSE under symbols BRK.A and BRK.B.
