Berkshire Hathaway’s charismatic CEO, Warren Buffett, assured state utility regulators last week that his multi-billion-dollar conglomerate is in the energy utility business for the long haul and views the sector as a steady source of income — not an extraordinary one.
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Berkshire Hathaway Has Tight Hold on Energy Play, CEO, SEC Filing Say
Berkshire Hathaway’s charismatic CEO, Warren Buffett, assured state utility regulators this week that his multi-billion-dollar conglomerate is in the energy utility business for the long haul and views the sector as a steady source of income — not an extraordinary one.
Futures Build on Last Week’s Late Strength
Much like Charismatic, winner of the Preakness and the KentuckyDerby,the futures market was off to the races Monday. Afteropening slightly more than a penny below Friday’s settlement price,the futures market spiked dramatically higher in the first hour oftrading as local buying pushed the market through last week’s$2.315 high. June continued higher yesterday afternoon, finishingup 5.5 cents to $2.343.