Tag: $Berkshire Hathaway

Alphabet stock was gaining early Monday on news that Warren Buffett’s Berkshire Hathaway bought a stake in the owner of Google.

Warren Buffett’s Berkshire Hathaway announced Thursday it reached a deal to buy Occidental Petroleum’s petrochemical unit, OxyChem, for $9.7 billion in cash.

Berkshire Hathaway bought shares of UnitedHealth Group, home builder Lennar and Nucor  in the second quarter, among other moves.

Berkshire Hathaway on Saturday reported a small decline in second-quarter operating earnings as Warren Buffett’s conglomerate warns of negative impacts from steep U.S. tariffs.

Warren Buffett’s Berkshire Hathaway Inc. slashed its exposure to big-bank shares in the first quarter, liquidating its position in Citigroup Inc. and trimming positions in Bank of America Corp. and Capital One Financial Corp., according to a regulatory filing on Thursday.

Warren Buffett’s Berkshire Hathaway reported first-quarter results on Saturday that showed a steep drop in operating earnings from the year-earlier period. The conglomerate, which owns a vast array of insurance, transportation, energy, retail and other businesses also warned that tariffs may further hit profits.

Berkshire Hathaway’s fourth-quarter earnings were excellent but not quite as strong as they looked because of a one-time currency benefit.

Berkshire Hathaway reduced its stakes in Bank of America and Citigroup and established a new holding in Constellation Brands during the fourth quarter.

Warren Buffett went on bit of a shopping spree in the stock market before Christmas, picking up shares of Occidental Petroleum
among others during a swift December sell-off.

Warren Buffett’s Berkshire Hathaway said on Thursday it made new investments in Domino’s Pizza and Pool Corp in the third quarter, even as it retrenched from stocks such as Apple and Bank of America.

Berkshire Hathaway’s after-tax operating earnings fell 6% to $10.1 billion in the third quarter, down from $10.8 billion a year ago.

Berkshire Hathaway recently added to what has been a money-losing stake in Sirius XM  Holding, the satellite radio company, buying 3.6 million shares for about $87 million late last week

Warren Buffett’s Berkshire Hathaway has sold shares worth $228.7 million in Bank of America, as the conglomerate continues to trim its stake in the second-largest U.S. lender.

There’s nothing quite like the nod of approval from one of the world’s most prominent investors to boost a stock, and that is precisely what is going on with Ulta Beauty  this morning.

Berkshire Hathaway’s after-tax operating profit rose 15% in the second quarter to $11.6 billion, driven by higher insurance underwriting profits and increased income on the company’s large cash holdings.

Berkshire Hathaway  purchased more Occidental Petroleum  stock in recent days and now holds a roughly 29% stake in the energy company, worth $15.4 billion.

Berkshire Hathaway  saw operating profits rise 39% after taxes in the first quarter to a record $11.2 billion, boosted by strength in the company’s property and casualty insurance business and higher investment income.

Berkshire Hathaway shares rose on Monday after Warren Buffett’s conglomerate posted strong earnings for the fourth quarter over the weekend.

Occidental Petroleum  stock has been under pressure recently, and Berkshire Hathaway has capitalized on that weakness by adding to its large holding in the energy company.

Berkshire Hathaway bought more Occidental Petroleum stock in recent days, purchasing 5.2 million shares and bringing its total ownership to 243.7 million shares, for a 27.7% stake in the big energy company, according to a form 4 filing with the Securities and Exchange Commission late Thursday.