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Berkshire Hathaway sold more Bank of America stock on Tuesday after the bank reported third-quarter earnings, bringing its stake to just below 10%. Berkshire sold 8.7 million shares for about $370 ...
Warren Buffett’s Berkshire Hathaway has made some big moves recently. The company sold a lot of its Apple and Bank of America stock. It also stopped buying back its own shares. At the end of ...
Berkshire Hathaway's operating profits fell 14% last quarter on insurance weakness, while Warren Buffett was a net seller of ...
Warren Buffett's Berkshire Hathaway Inc. sold its stake in Bank of America Corp ... entered the Bank of America stake with the purchase of 8.7 million shares in the second quarter of 2007.
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And perhaps it's what Warren Buffett appreciates as well, with Berkshire Hathaway owning 8.9% of the financial institution's shares outstanding. Investors can be confident that Bank of America ...
It's also a source of cash, as Berkshire can sell shares if it needs to raise cash ... largely by selling down its positions in Apple and Bank of America. Berkshire has a massive war chest for ...
It's not just luck or a coincidence that Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has held up well during the recent market sell-off ... Motley Fool Money. Bank of America is an advertising ...
Berkshire sold a net $1.5 billion ... of most S&P 500 companies, including Bank of America and Coca-Cola. Buffett didn't opt to repurchase any Berkshire shares last quarter, making it three ...