Tag Archives: electric utility
When does it stop—or even just pause? Wall Street continued its seemingly unstoppable climb today, with the blue chip Standard & Poor’s 500 Index posting yet another new multiyear year high (its highest close since November 8, 2000, six long years ago).
What’s he trying to tell us? On Tuesday, Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A or B) announced it will buy PacifiCorp, an electric utility serving six western states, for $5.1 billion in cash and $4.3 billion of assumed debt and preferred stock.