Legendary value investor Warren Buffett took a stake in a leading media company in the first quarter. Could the purchase by Buffett signal placing multiple bets on the streaming wars or that the company is in the value stock territory? What Happened A 13F filing shows that Berkshire Hathaway Inc took a new $2.6 billion stake…

Berkshire Hathaway Inc. kicked off its annual meeting on Saturday in Omaha, Nebraska. Warren Buffett, CEO of the company, and Berkshire’s vice chairman discussed a wide range of topics at the opening of the meeting. Tens of thousands of investors packed an Omaha arena Saturday at Berkshire’s annual meeting that was back in person for…

Berkshire Hathaway kicked off its annual meeting on April 30 in Omaha, Nebraska. Warren Buffett, CEO of the company, and Berkshire’s vice chairman discussed a wide range of topics at the meeting’s opening. Tens of thousands of investors packed an Omaha arena at Berkshire’s annual meeting, which was back in person for the first time…

Warren Buffett’s Berkshire Hathaway Inc. revealed a more than $5 billion stake in Occidental Petroleum Corp., as oil prices soared to their highest level in about a decade. Berkshire said it owns 91.2 million Occidental shares, or nearly 10 percent of those outstanding, including 61.4 million bought from March 2 to March 4. Buffett’s company…

Warren Buffett’s Berkshire Hathaway Inc. on Saturday said fourth-quarter profit swelled, boosted by gains in many of its businesses and common stock investments such as Apple Inc., and said annual earnings reached a record high. Berkshire also signaled renewed confidence in its own stock, repurchasing $6.9 billion in the quarter, and boosting total buybacks in…

Warren Buffett’s Berkshire Hathaway Inc. acquired nearly $1 billion of shares in Activision Blizzard Inc. before Microsoft Corp. agreed to buy the video game maker for $68.7 billion, according to a Monday regulatory filing. Berkshire said that as of Dec. 31, it owned 14.7 million shares worth about $975 million of the “Call of Duty”…

Warren Buffett’s Berkshire Hathaway Inc. plans this year to let shareholders attend the company’s annual meeting for the first time in three years, amid signs the Omicron wave may have peaked in the United States. In a statement on Tuesday, the Omaha, Nebraska-based conglomerate said “we are planning for an in-person meeting” on April 30,…

Warren Buffett has responded (pdf) to an open letter from Sen. Bernie Sanders (I-Vt.) requesting the billionaire’s support for striking steelworkers in the Special Metals in Huntington, West Virginia—a subsidiary of Precision Castparts, which is owned by Buffett’s own Berkshire Hathaway. However, the business magnate’s response is unlikely to satisfy Sanders, as Buffett has offered…

According to Warren Buffett’s Berkshire Hathaway Inc.’s NYSE:BRK third-quarter earnings report, the company’s cash stockpile hit new heights at $149.2 billion, surpassing the previous record of $146.6 billion set in 2Q 2020. Buffett’s conglomerate, which holds stakes in Apple Inc. (AAPL), Coca-Cola Co. (KO), and other public companies, has spent $1.4 billion on stocks and sold $3.4…

Warren Buffett’s Berkshire Hathaway Inc. on Saturday reported improved operating results as it extended its rebound from the early stages of the pandemic, even as it cut back some stock holdings and boosted its cash hoard to a record. Berkshire also said it repurchased $7.6 billion of its own stock in the third quarter, reflecting…