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Warren Buffett - Why Berkshire Will Never Pay Dividends

For the latest Warren Buffett, go to http_//WarrenBuffettNews.com - Buffett worked on Wall Street for a couple years, and he gets ideas when he goes there. B...

S&P cuts Berkshire Hathaway rating one notch to 'AA'

May 17, 2013    

REUTERS - Credit-rating agency Standard & Poor's on Thursday cut its rating on Berkshire Hathaway Inc (BRKa.N)(BRKb.N), the insurance and industrial conglomerate controlled by billionaire investor Warren Buffett, one notch, citing the company's reliance on its insurance operations for dividend income.S&P cut the counterparty rating on Berkshire to "AA" from "AA+," but the agency left Berkshire's insurance units' financial strength ratings intact at "AA+.""The lower credit rating on BRK better reflects our view of BRK's dependence on its core insurance...

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