Recent News: Stock Offering and Warren Buffett

GE Offering Could Become Big U.S. Score for Deutsche Bank General Electric’s decision to sell $12 billion in common stock to the public is the best news Deutsche Bank’s equities team has heard in nearly two years. General Electric is selling $12 billion in common stock to the public and $3bn in perpetual preferred stock to Berkshire Hathaway, in what could be the largest US issuance of common shares featuring Deutsche Bank as one of the bookrunners...

Praise for General Electric, but dilution questioned
While much of the market is staying on the sidelines with cash in hand, Warren Buffett has made some major investments in names like Constellation Energy Group Inc., Goldman Sachs Group Inc. and now General Electric Co. His Berkshire Hathaway Inc. announced plans to purchase US$3-billion in perpetual preferred GE stock and warrants to buy 134.8 million common shares at any time in the next five years. The price tag was set at US$22.25 a share, below GE's market price and nearly half of where it was trading a year ago. GE is also offering at least US$12-billion in common shares to the public...

Buffett’s Bet on G.E.: Almost as Good as a Bailout
Warren E. Buffett is emerging as the banker of choice to the embattled blue-chip companies of American business. Mr. Buffett, the billionaire investor, announced on Wednesday that he would invest $3 billion in General Electric, the industrial giant that is also the nation’s largest nonbank financial company. The move comes eight days after he said he would invest $5 billion in Goldman Sachs...

GE Pays Now For Profit Later
General Electric is making its shareholders suffer some short-term pain for what it hopes will be long-term gain. The conglomerate on Thursday priced a secondary stock offering at a significant discount to its Wednesday close, pushing down the outstanding shares but giving the company a dollop of capital that will reduce its dependence on the stressed-out commercial paper market...

Why Buffett Likes GE
Warren Buffett, CEO of Berkshire Hathaway, continues to use his firm's whopping cash balance to make investments into some of the most prized, and beaten down, American companies.
What will Buffett buy next? Click here for a free trial of the Validea Hot List with buys based on strategies of Buffett, Graham, Lynch and more. Buffett announced another deal this week: He's purchasing $3 billion worth of perpetual preferred stock in General Electric...