A question for Buffett: Will General Re's institutional holders fit in at Berkshire?

Article Abstract:

Warren E. Buffett's strongest concern will be Wall Street professionals who became 15% owners of Berkshire Hathaway's shares as a result of the company's $21.7 billion acquisition of the General Re Corporation. Mr. Buffett has been held accountable exclusively to individual investors in Berkshire. In the past however, institutional investors have avoided Berkshire. Berkshire will gain a new class of stockholders as a result of its purchase of General Re.

Comment:

Berkshire will gain a new class of stockholders as a result of its $21.7 billion purchase of General Re

Company Planning/Goals, Property & Liability Insurance, Direct Property and Casualty Insurance Carriers, Stockholder data, Property and casualty insurance, Berkshire Hathaway Inc., Article

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Putting on a happier profit face; fuzzy accounting by net companies

Article Abstract:

Internet companies often report invisible profits with creative accounting that is not illegal, as long as they use standard accounting in their Securities and Exchange Commission reports. Go2Net Inc., Excite Inc. and Cnet Inc. are among the companies that report earnings before expenses, reporting earnings on a "pro forma basis". Although regulatory filings must follow rules, press releases to investors and stockholders are not under such scrutiny.

Sales & consumption, Telegraph & other communications, Economic aspects, Internet, Internet service providers, Reports, Accounting, Ethical aspects, Company sales and earnings, Company losses, Finance, Go2net Inc., GNET

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Amex chairman named chief of Thermo Electron

Article Abstract:

Considered by some to be a very progressive thinker, Richard F. Syron will leave the American Stock Exchange chairmanship to become CEO of the somewhat diverse Thermo Electron. Syron has been on Thermo's board since 1997, so he is familiar with it; also, the firm's many subsidiaries traded on the Amex. He will replace George N. Hatsopoulos, the company's 72-year-old founder.

Comment:

Richard F. Syron leaves to take high post at Thermo Electron

Securities and Commodity Exchanges, Research and Testing Services, Scientific Research and Development Services, Security and commodity exchanges, Executive changes & profiles, American Stock Exchange, Applied Research, Instrument industry, Instrument industry (Equipment), Officials and employees, Abstract, Securities industry, American Stock Exchange L.L.C., Thermo Electron Corp., TMO

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