Warren-Buffett

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…

Warren-Buffett

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…

Berkshire Hathaway earnings Q3 2018

Investment company Berkshire Hathaway saw its profits rise sharply in the Q3-2018. The company of billionaire Warren Buffett benefited, especially from strong the performance of its insurance activities and lower taxes. Billionaire Warren Buffett’s Berkshire Hathaway Inc. (BRK.A, BRK.B) reported that its third operating earnings for the quarter surged to $6.88 billion from $3.44 billion…