conglomerate

Don't Bet Against Warren Buffett

There's nothing cutting edge about the companies Berkshire Hathway owns. What's more, when Warren Buffett leaves, who will manage the company?

GE 1Q Earnings Fall, Outlook Strong

GE reports lower net income than a year ago because last year's results included the sale of NBC Universal, but its industrial divisions performed well.

ITT Dismantles Its Empire, Ending the Age of Conglomerates

The 91-year old company was once the leading industrial conglomerate, the product of hundreds of leveraged buyouts in the 1960s and '70s. But its breakup is yet more proof that the conglomerate model makes little sense today. Why? Activist investors have a lot to do with it.

HP After Hurd: Just Break Up the Bloated Beast

Ex-CEO Mark Hurd built HP into a sprawling, ungainly mishmash of tech companies, on "one-stop-shop" for info tech that few companies are clamoring for. It's probably better off chopped into three smaller companies that could manage growth more easily on their own.