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…
Berkshire Hathaway says Warren Buffett donates shares to family charities
(Reuters) – Berkshire Hathaway Inc said Warren Buffett has donated more of his fortune to four family charities, without disclosing whether the billionaire chairman made a new donation to the Bill &…
Warren Buffett’s Berkshire warns about crypto website using its name
(Reuters) – Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a purported cryptocurrency brokerage website using the Berkshire Hathaway name. The website describes…
Berkshire Hathaway sells $145 million of shares in China’s BYD, filing shows
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 5.78 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.14 billion ($145.38 million), a stock…
Buffett’s Berkshire sheds large portion of US Bancorp stake
(Reuters) – Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, said on Thursday it has shed more than 91 million US Bancorp shares since the start of the year, reducing…
Berkshire trims stake in China’s BYD H-shares worth HK$560 million – filing
HONG KONG (Reuters) – Berkshire Hathaway Inc, the investment firm owned by Warren Buffett, has sold 3.297 million Hong Kong-listed shares of electric vehicle maker BYD for HK$560.05 million ($71.35 million), according…
Buffett’s designated successor Greg Abel boosts Berkshire stake
By Jonathan Stempel (Reuters) – Greg Abel, who is next in line to succeed Warren Buffett as Berkshire Hathaway Inc’s chief executive, spent more than $68 million on the conglomerate’s shares last…
Buffett’s Berkshire Hathaway buys 5.99 million more Occidental shares
By Jonathan Stempel and Akriti Sharma (Reuters) – Warren Buffett’s Berkshire Hathaway Inc bought another 5.99 million shares of Occidental Petroleum Corp, boosting its stake to 20.9% after the oil company’s shares…
Berkshire trims stake in China’s BYD with 1.72 million H share sale -filing
SHANGHAI (Reuters) – Berkshire Hathaway Inc, the investment firm owned by Warren Buffett, has sold 1.72 million Hong Kong-listed shares of electric vehicle maker BYD for HK$450.83 million ($57 million), according to…
Berkshire Hathaway boosts Occidental Petroleum stake above 20%
By Jonathan Stempel August 8 – Warren Buffett’s Berkshire Hathaway Inc bought more shares of Occidental Petroleum Corp, surpassing the 20% stake where it could record some of the oil company’s earnings…
Berkshire CEO-designate Abel sells stake in energy company he led for $870 million
By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold his 1%…
Berkshire Hathaway owns 18.7% of Occidental after new 12 million share purchase
By Arunima Kumar and Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway Inc said on Thursday it bought another 12 million shares of Occidental Petroleum Corp this week, giving it an 18.7% stake…
Berkshire Hathaway buys 9.9 million more Occidental shares, has 17.4% stake
By Jonathan Stempel and Akriti Sharma (Reuters) – Warren Buffett’s Berkshire Hathaway Inc said it has bought another 9.9 million shares of Occidental Petroleum Corp, giving it a 17.4% stake in the…
Berkshire Hathaway buys 9.6 million more Occidental shares, raises stake to over 16%
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc bought another 9.6 million shares of Occidental Petroleum Corp, boosting its stake to 16.3% as the oil company’s shares come off the year’s high. The…
Berkshire shareholders overwhelmingly vote to keep Buffett chairman
(Reuters) – Berkshire Hathaway Inc shareholders voted by an almost 9-to-1 margin to keep Warren Buffett as both chairman and chief executive, and his company regained compliance with New York Stock Exchange…
Berkshire shareholders look beyond Warren Buffett, Charlie Munger
By Jonathan Stempel and Carolina Mandl OMAHA, Neb. – Berkshire Hathaway Inc shareholders face a question that Warren Buffett sought to tackle at the company’s annual meeting: How will Berkshire fare when…
Berkshire Hathaway director Olson says Abel has the board’s total confidence
OMAHA, Neb. – One of Berkshire Hathaway’s longest-serving directors on Thursday gave a full-throated endorsement to Greg Abel as designated successor to Warren Buffett when the billionaire steps down. “He has the…
Berkshire investors nudge for better governance, social issues as meeting looms
By Carolina Mandl and Jonathan Stempel OMAHA, Neb. – Warren Buffett will face pressure to improve Berkshire Hathaway Inc’s environmental and social policies as well as governance when he meets shareholders this…
CalPERS to vote to replace Buffett as Berkshire chairman
(Reuters) – CalPERS, the largest U.S. public pension fund, on Tuesday said it will vote for a shareholder proposal that Berkshire Hathaway Inc replace Warren Buffett as chairman, though he would remain…
Alleghany shareholder sues to block $11.6 billion Berkshire buyout over lack of disclosures
By Jonathan Stempel NEW YORK – Alleghany Corp, which agreed last month to be acquired by Warren Buffett’s Berkshire Hathaway Inc, was sued on Wednesday by a shareholder who accused the insurance…
Occidental Petroleum rises after Buffett’s Berkshire Hathaway reveals 14.6% stake
By Jonathan Stempel – Occidental Petroleum Corp shares rose on Thursday after Warren Buffett’s Berkshire Hathaway Inc said it spent nearly $1 billion on additional shares in the oil company, giving it…
Berkshire Hathaway stock price reaches $500,000
By Jonathan Stempel – The share price of Warren Buffett’s Berkshire Hathaway Inc reached $500,000 for the first time on Monday, reflecting the company’s status as a defensive stock in a market…
Berkshire Hathaway nominates Wally Weitz to fill open board seat
– Warren Buffett’s Berkshire Hathaway Inc on Friday said it has nominated Wally Weitz, the founder of Weitz Investment Management, to join its board of directors following the resignation of Tom Murphy,…
Berkshire rejects shareholder call to replace Warren Buffett as chairman
By Jonathan Stempel – Berkshire Hathaway Inc on Friday urged the rejection of four shareholder proposals recommending that it replace Warren Buffett as chairman, report on its plans to handle climate risk…
Buffett’s Berkshire extends board shuffle as Tom Murphy resigns
– Berkshire Hathaway Inc said Tom Murphy, the former head of Capital Cities/ABC Inc and longtime friend of Warren Buffett, has resigned from its board of directors after a bout with COVID-19.…
Berkshire Hathaway says it has added 12,000 jobs
By Jonathan Stempel – Berkshire Hathaway Inc, run by billionaire Warren Buffett, said on Friday its workforce has grown by about 12,000, recovering some jobs it lost earlier in the COVID-19 pandemic.…
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