Warren Buffett lets go of Exxon shares, and buys refiner Phillips stake because of the fluctuating oil prices. Bloomberg reports that the billionaire investor announced Wednesday that his Berkshire Hathaway Inc. sold some $4 billion Exxon Mobil Corp. shares due to the dreary outlook of crude oil prices, buying instead a $4.48 billion stake from refiner Phillips 66.
Tags: Warren Buffett
Warren Buffett-Led Conglomerate Berkshire Hathaway Cuts Stake in HP to 5.2%
The Warren Buffett-led conglomerate Berkshire Hathaway has cut its stake in HP to 5.2%. The Warren Buffett-led conglomerate Berkshire Hathaway has cut its stake in HP to 5.
Warren Buffett's Trusted Associate Charlie Munger Dies at 99: What's Next for Berkshire Hathaway?
Investing icon Charlie Munger, who served as vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett, has passed away at the age of 99.
Warren Buffett Donates a Whooping $870 Million in Berkshire Hathaway Stock to 4 Charities Before Thanksgiving
Warren Buffett has made a substantial move ahead of Thanksgiving, donating over $870 million in Berkshire Hathaway stock to four family foundations.
Warren Buffett On His Latest $7 Billion Investment Win
Warren Buffet's bank stocks and investment had really done quite well even after the presidential election. Berkshire Hathaway stocks are listed below.
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The $37B worth deal of Berkshire Hathaway Inc. with Precision Castparts Corporation, a major aircraft parts supplier of Boeing had encouraged more investors in the aircraft industry. However, Boeing had been delaying its suppliers' M&A contracts.
Billionaire investor Warren Buffett makes his biggest acquisition ever just a few weeks before his 85th birthday. For $37.2 billion, including debt, Buffett's Berkshire Hathaway has bought Precision Castparts Corp., a global manufacturer of aircraft and engine components.
The chairman of a Chinese company that develops online games has agreed to pay $2,345,678 for a private lunch with billionaire investor Warren Buffett, winning a charity auction.
Warren Buffett on Saturday rejected the idea that Berkshire Hathaway Inc, a sprawling conglomerate he has built over 50 years, has grown so big that it is now too big to fail and requires tighter regulatory oversight.
Today, like never before better opportunites exist and there is a rise in young millionaires. However needless to day, the danger of losing their hard enarned money is also all the more real.
Warren Buffett, the billionaire chief executive officer and chairman of Berkshire Hathaway Inc, said Tuesday that an exit by Greece from the euro zone could be constructive for the region.
Apple Inc (AAPL.O) Chief Executive Tim Cook is joining the roster of the very rich who are giving away their wealth. Fortune magazine cited the head of the world's largest technology corporation as saying he planned to donate his estimated $785 million
Ketchup maker H.J. Heinz Co, backed by Warren Buffett's Berkshire Hathaway Inc (BRKa.N) and Brazilian private equity firm 3G Capital, will combine with Kraft Foods Group Inc
Berkshire Hathaway Inc Chief Executive Officer and Chairman Warren Buffett said on Monday the U.S. economy and investment climate are a tailwind for his companies' success and encouraged foreign investors to jump in too.
