Berkshire trims Apple, sheds four stocks, mum on new investment
By Jonathan Stempel (Reuters) -Berkshire Hathaway on Wednesday said it has trimmed its huge stake in Apple and shed four common stock holdings, and kept investors guessing on what could be a…
Judge set to rule on Berkshire Hathaway request for speedy trial over Pilot unit
By Jonathan Stempel (Reuters) – A Delaware judge said she will decide by Friday whether to give Warren Buffett’s Berkshire Hathaway a January trial date over a dispute of how to value…
Buffett’s Berkshire countersues billionaire Haslams in battle over Pilot valuation
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway has accused billionaire Jimmy Haslam of promising secret payments to staff that would inflate the price Berkshire would have to pay for the…
Berkshire Hathaway sells $25.8 million worth of shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 820,500 Hong Kong-listed shares of electric vehicle maker BYD Co for HK$201.73 million ($25.78 million), a stock…
Berkshire sells some HP shares after taking big stake last year
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway said on Wednesday it has sold about 5.5 million shares of HP, undoing part of what has been a large, unsuccessful investment in…
Warren Buffett donates $27 million Berkshire stock
(Reuters) – Warren Buffett donated nearly $27 million of Berkshire Hathaway stock this week to an unnamed charity, the latest move in the billionaire investor’s plan to give away his fortune. Berkshire…
Berkshire Hathaway boosts stake in Occidental Petroleum to 24.4%
By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc said on Thursday it had acquired more shares of Occidental Petroleum Corp, boosting its stake in the oil company to 24.4%. In a regulatory…
Warren Buffett’s rival for attention at Berkshire weekend: Squishmallows
By Jonathan Stempel (Reuters) – One of the biggest hits from the just-concluded annual love fest for Warren Buffett showed the enduring popularity of the investing legend: plush, squishy toys featuring the…
Berkshire Hathaway sells $58.9 million worth of shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.96 million Hong Kong-listed shares of electric vehicle maker BYD for HK$462.09 million ($58.9 million), a stock…
Berkshire shareholders reject climate, diversity proposals; keep Buffett as chairman
By Jonathan Stempel OMAHA, Nebraska (Reuters) – Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals for environmental, social and governance changes at Warren Buffett’s conglomerate, all of which the billionaire…
Berkshire director: Buffett CEO heir an ideal fit, but changeover not imminent
By Jonathan Stempel OMAHA, Nebraska (Reuters) – One of Berkshire Hathaway Inc’s longest-serving directors said Greg Abel has the ability and commitment to its culture that makes him an ideal fit to…
Factbox-Warren Buffett, Berkshire Hathaway at a glance
(Reuters) – Tens of thousands of people are descending on Omaha, Nebraska to attend the annual shareholder weekend for billionaire investor Warren Buffett’s Berkshire Hathaway Inc. Buffett, 92, and Vice Chairman Charlie…
Berkshire Hathaway’s NetJets is sued by its pilots’ union
(Reuters) – NetJets, the luxury plane unit of billionaire Warren Buffett’s Berkshire Hathaway Inc, has been sued by its 3,000-member pilots union for allegedly interfering with its communications with aircraft owners and…
Brazilian reinsurer resolves US probe into fake Berkshire Hathaway story
By Jonathan Stempel WASHINGTON (Reuters) – A Brazilian reinsurer entered a nonprosecution agreement and will pay $5 million to resolve a U.S. probe into a false story that the company had received…
CBP Updates Operational Hours at North Troy and West Berkshire Ports of Entry
VERMONT — On Friday, April 7, 2023, U.S. Customs and Border Protection (CBP) announced that it would update hours of operations at two ports of entry (POE) in Vermont, North Troy and…
Buffett says geopolitics a factor in Berkshire sale of TSMC stake
(Reuters) – Warren Buffett called geopolitical tensions “a consideration” in Berkshire Hathaway Inc’s decision to sell most of its stake in Taiwanese chipmaker TSMC just a few months after buying it, Nikkei…
Berkshire Hathaway stake in Occidental Petroleum rises to 23.6%
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway Inc boosted its ownership stake in Occidental Petroleum Corp to about 23.6% after buying nearly 3.7 million additional shares. Berkshire disclosed the purchases,…
Buffett’s Berkshire Hathaway speeds up stock buybacks
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway Inc has stepped up its pace of stock buybacks, repurchasing more than $1.8 billion of its own stock this year. In its proxy…
Warren Buffett’s Berkshire Hathaway rejects call for silence on hot-button issues
By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday urged shareholders to reject proposals that it avoid discussing hot-button social and political issues, and competing proposals…
Berkshire Hathaway buys more Occidental shares, stake rises to 23.1%
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc purchased more Occidental Petroleum Corp shares, increasing its stake in the oil company to about 23.1%, a regulatory filing showed on Wednesday. Berkshire paid about…
Berkshire Hathaway resumes Occidental purchases, stake reaches 22.2%
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway Inc has resumed its purchases of Occidental Petroleum Corp shares after a five-month hiatus, increasing its stake in the oil company to about…
TSMC out of favor with slew of funds alongside Berkshire, filings show
By Carolina Mandl NEW YORK (Reuters) – Investment firms Tiger Global Management, GQG Partners and Capital Group, BlackRock Inc, as well as JPMorgan & Chase were among the biggest sellers of Taiwanese…
TSMC shares fall after Berkshire cuts stake
TAIPEI (Reuters) – Shares in Taiwan’s TSMC opened 3.3% lower on Wednesday after Warren Buffett’s Berkshire Hathaway Inc slashed its stake in the chipmaker. Berkshire cut its position in Taiwan Semiconductor Manufacturing…
Berkshire Hathaway sells $138.9 million of shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 4.235 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.09 billion ($139 million), a stock…
Berkshire Hathaway sells 1.1 million H-shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.058 million Hong Kong-listed shares of electric vehicle maker BYD at an average price of HK$191.44 ($24.52)…
Berkshire Hathaway sells $34.4 million worth of shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.33 million Hong Kong-listed shares of electric vehicle maker BYD for HK$267.69 million ($34.43 million), a stock…
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