Warren Buffet’s multinational conglomerate Berkshire Hathaway recently continued to reduce its stake in Bank of America, selling $760 million worth of shares in early September. This brought Berkshire’s sales of BofA’s stock to around $7 billion since July.
No one really knows why Buffet and...
In its regulatory filing last week, Warren Buffet’s Berkshire Hathaway unveiled an unexpected addition to the conglomerate’s portfolio: a stake in cosmetics retailer Ulta Beauty.
According to the filing, Berkshire snapped up 690,106 shares of Ulta Beauty, worth around $266 million in the second quarter.
The...
Warren Buffett’s Berkshire Hathaway has slashed its large holdings of Bank of America stock. In a regulatory filing made this week, Berkshire revealed the conglomerate sold 34 million BofA shares for $1.48 billion.
The sale comes after the BofA stock jumped 7.28% this past month...
Warren Buffet’s conglomerate Berkshire Hathaway continues to double down on oil giant Occidental Petroleum. In a recent filing, Berkshire disclosed that it now owns a 29% stake in Occidental Petroleum while at the same time selling some of its shares in China’s vehicle maker...
For the past three regulatory filings, Warren Buffett’s Berkshire Hathaway has been keeping one of its stock holdings confidential. Now, the conglomerate revealed that the secret stock has been the insurance company The Chubb Corporation.
In a regulatory filing made on Wednesday, Berkshire revealed that...
Berkshire Hathaway Inc reported its first quarter earnings on Saturday, which included a $35.5 billion profit for the first three weeks of 2023.
This performance gave rise to investors' sentiments that the firm is a secure long-term investment, particularly given its diverse portfolio. Since...
