Billionaire Warren Buffett Sold $10.5 Billion of Bank of America Stock, but Has Spent Almost $78 Billion Piling Into Another Financial Colossus
Though the Oracle of Omaha has slashed Berkshire Hathaway's stake in one of America's biggest banks, he's bought shares of another time-tested financial stock in all but one of the last 25 quarters.
Now, current rules would say that BofA wouldn't be in danger of seeing its equity fall. However, it's likely Buffett ...
Reuters on MSN5d
Berkshire's cash soars to $325 billion as Buffett sells Apple, BofA; operating profit fallsWarren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, further slashing holdings in ...
Warren Buffett's Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) decreased its holdings in iPhone-maker Apple (NASDAQ:AAPL) ...
Berkshire Hathaway Nets $10 Billion From BofA Share-Sale Spree By Niket Nishant and Manya Saini (Reuters) - Warren Buffett-led Berkshire Hathaway further cut its stake in Bank of America ...
Berkshire Hathaway (BRK-B) reported a record cash pile of $325.2 billion in the third quarter as the company sold its equity stakes ...
Berkshire also reported a 6 per cent decline in quarterly operating profit, largely the result of higher insurance ...
Buffett's Berkshire Cuts Stake in BofA to Below 10% (This Oct. 10 story ... (Reuters) - Billionaire Warren Buffett's Berkshire Hathaway unloaded more Bank of America stock this week that takes ...
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