Por: Fox Business Business March 08, 2023
Check out what's clicking on FoxBusiness.com Warren Buffett's Berkshire Hathaway is back to increasing its stake in Occidental Petroleum. Berkshire was very active in buying shares of the company in the past year but hasn't added to its holding of the oil exploration and manufacturing company in five months. now has about a 22.2% stake, according to a regulatory filing. Berkshire paid about $355 million for 5.8 million Occidental... + full article
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Buffett noted that last year there were 128 companies in the S&P 500 that earned more than $3 billion in profits — and Berkshire was the largest shareholder in eight of these businesses: American Express and Bank of America , among them. Berkshire is also the dominant holder... + más
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Fairlead Strategies, LLC founder and managing partner Katie Stockton provides insight on investing in the stock market on 'Making Money with Charles Payne.' controls nearly 21% of Occidental Petroleum following a series of new stock purchases by chairman Warren... + más
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OMAHA, Neb. -- Warren Buffett's company picked up another $368 million worth of Occidental Petroleum stock this week to give it control of nearly 21% of the oil producer.These are the first purchases Berkshire Hathaway has made since regulators gave it approval last month... + más
Warren Buffett's Berkshire Hathaway boosts stake in Occidental Petroleum | Fox Business
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