lubrizol

Berkshire Hathaway CEO Warren Buffett spoke with FOX Business Network's (FBN) Liz Claman live from Omaha, NE on the eve of the Berkshire Hathaway Annual Shareholder Conference. Buffet said Berkshire Hathaway is “paying significant legal fees every month in the range of 150 to 200 thousand dollars”...

It's funny how ordinary people are prosecuted for trading on inside information and other similar offenses, but when it comes to top dogs at firms like Berkshire.... not so much. When bankers from Citigroup Inc. met David Sokol late last year to talk about potential transactions, they thought they...

Having resigned his position as a top manager at Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B), David Sokol has spent the morning with numerous media outlets protesting his innocence. Yes, he bought 96,0000 Lubrizol (NYSE: LZ) shares less than two weeks before proposing it as a takeover target to...

In a report published by Gabelli, Lubrizol (NYSE: LZ) announced an agreement Monday to be acquired for $135 per share, or $9.7 bn (including $700 mm of net debt including a recent acquisition and Minority interests) in an all-cash transaction. Gabelli said that the proposed transaction is valued...

In a report published by KeyBanc, Lubrizol (NYSE: LZ) maintains a solid track record of earnings growth, strong free cash flow generation and top tier specialty chemical operating margins. KeyBanc said that it is downgrading its rating on LZ from BUY to HOLD given the recent offer by Berkshire...

Deutsche Bank has raised the price target on Lubrizol (NYSE: LZ) from $120 to $140 and maintains its Hold rating.

In a report published by J.P. Morgan, Lubrizol (NYSE: LZ) is to be acquired by Berkshire Hathaway and the price target is increase to $135 from $117. J.P. Morgan said that it believes that it is worthwhile to place the Berkshire proposal to acquire Lubrizol into longer- and shorter-term contexts...

Citigroup is upgrading Lubrizol Corporation (NYSE: LZ) from Sell to Hold, thanks to the pricing power of the company's lubricants. In its research report, Citigroup writes "LZ hosted its analyst day in NYC and focused on improving margins in both Lubricant Additives (~85% of expected 2010 operating...

Lubrizol Corporation (NYSE: LZ) has been downgraded by Hilliard Lyons from Long-Term Buy to Neutral.