Lubrizol for dollar 9 billion Buffett pulls Trigger

Berkshire to Buy Lubrizol

Japan tsunami and the earthquake in Japan and the northeastern coast of thousands of deaths and led to what is expected that billions of dollars in damage. This has raised fears of a slowdown in the third world. Oil prices fell 58 cents to 100.56 dollars a barrel, and the central bank of Japan pumped a record $ 184 billion in money market accounts to encourage bank lending.

Lubrizol revenues over the last three years were as follows: 2010 $ 5,417,000,000, $ 4,586,000,000 in 2009 and 2008, $ 5,027,000. In those years, the result of net income "are as follows: 2010 732200000 for $ 500,800,000 U.S. dollars in 2009, 2008 - $ 66,100,000.

If you add the debt of books, a lot will be about 9.7 billion U.S. dollars. Warren has just said to have itchy trigger finger. This commercial just came sooner than expected.

Thomson Reuters EPS estimate for 2011 EPS and $ 11.31 from $ 12.48 for 2012, the company trades at less than 12 times expected earnings this year and is trading at less profit forecast 11-times 2012 .

Buffett snuck in and grabs a small number of companies to the second here. Even all-time high in this business can not wait for a guy who would rather pay an expensive premium to buy the troubled company a solid company on the cheap.

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Japan Latest Records Death 1,834 Damage from mega quake increasing

Tsunami in Japan

The loss of life and destruction caused by the catastrophic earthquake on Friday to Saturday in Japan increased, the total number of people who died or remain missing are expected to exceed 1,834, while there was an explosion at a nuclear plant injured four workers.

The death toll exceeds 620 in 2001, the police showed equivalence, 200-300, still unidentified bodies were transferred to Sendai, Miyagi Prefecture. About 650 people were found missing after the earthquake of magnitude 8.8 in 14:46, the strongest ever in Japan.

Past records, officials of the prefecture of Miyagi, said late Saturday that there was no contact with about 9,500 people in Minamisanriku, more than half the population of the city. The Ministry of Defense is ready to mobilize 50,000 troops in relief.

About 5,570,000 households had lost power, when more than 1 million households in 18 prefectures had their water cut off. strong earthquakes, a magnitude 6.7 at 3:59, rocked the inland Sea of ​​Japan northwest of Tokyo on the coast in the morning, hitting the Nagano and Niigata provincial governments.

Prime Minister Naoto Kan said 3,000 people have been rescued since the earthquake shook the region. D 'elsewhere on the site, Chief of Staff Yukio Edan said: "It is estimated that over 1,000 people lost their lives."

The number of evacuees has reached about 300,000 in five prefectures including Iwate and Fukushima, said the national police. This figure includes approximately 80,000 people living near the No. 1 nuclear power plant in Fukushima, where a reactor partially melted and the No. 2 plant, which has lost its cool features.

The number of buildings destroyed was about 3400, according to the agency focus. Welfare Ministry said 181 welfare services, including nursing homes, were damaged.
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Massive Tsunami in Japan, 8.9 Earthquake has Died at list 1731

Image via Wikipedia

Very strong earthquake and tsunami destroyed the Japanese articles. At least 1500 people died and many people are missing Japan huge Tsunami Earthquake 8.9 deaths in 1500 Video List. Japan has been battered by a gigantic tsunami after being struck by one of the largest earthquakes in history, which was conducted by USGS that the magnitude 8.9.

The tsunami swept powerful cars near the coast and the news networks were broadcasting images of the waves that sweep through farmland usually many miles from the coast.

Japan are the countries at risk from earthquakes, so that the Japanese schools, students are trained on how to save yourself, if the earthquake. However, a disaster came to power without being able to vote only in the Creator, who can help. Japan has warned its citizens against the possibility of aftershocks and tsunamis suggests to stay away from coastal areas.

Japan is one of the countries most at risk from earthquakes. In 1995, magnitude-7.2 earthquake in the western port city of Kobe killed 6,400 people.

Following the disaster, they should be dozens of countries along the coast to increase their vigilance in light of the possibility of a tsunami. According to Paul Conneally of the International Federation of Red Cross and Red Crescent, that attention will focus on Asia and the Pacific. Hopefully, with awareness to bring salvation, at least the victim could be minimized. May God protect us all.

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