Warren-Buffett

Berkshire Hathaway profit rises

Warren Buffett’s Berkshire Hathaway reported on Saturday that its quarterly operating income rose by 14%, mainly driven by higher prices of stock holdings such as Apple. This led to a higher overall profit. Fourth-quarter operating income rose to $5.02 billion from $4.42 billion a year earlier and net income, reflecting the stock gains, rose 23%…

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Warren Buffett’s Berkshire Hathaway buys Pharmaceutical Stocks and T-Mobile, sells some Apple and JPMorgan

In brief: Buffet and his team added pharmaceutical stocks AbbVie, Bristol Myers Squibb, Merck, and Pfizer to its stock portfolio in the third quarter. Sold 3% of Berkshire Hathaway’s Apple shares Reduced his exposure to the financial sector by selling 95% of the JPMorgan Chase investment, Wells Fargo (-46%), MTB (-35%) ,and PNC Financial Services…

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Warren Buffett’s Berkshire Hathaway buys stakes in Japan’s five largest trading companies

Multi-billionaire Warren Buffett and CEO of Berkshire Hathaway has taken stakes in Japan’s five largest trading houses, with a total value of more than $ 6.25 billion. These trading companies are: Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo. Berkshire Hathaway now owns more than 5% of each of those trading houses. The holdings were built up…