|Bid||219.44 x 1300|
|Ask||219.38 x 800|
|Day's Range||218.74 - 220.43|
|52 Week Range||186.10 - 223.59|
|Beta (3Y Monthly)||0.85|
|PE Ratio (TTM)||0.01|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||247.33|
Berkshire Hathaway's third quarter holding are out. The company announced it has taken a $210M stake in RH while trimming its stake in Wells Fargo. Yahoo Finance's Julia La Roche joins The Final Round.
The world’s uber wealthy would certainly take a significant hit under Elizabeth Warren’s tax plan, but even if her proposal were in place for decades, the fortunes of men like Amazon’s Jeff Bezos and Microsoft founder Bill Gates would still be firmly intact, according to a website founded by two UC Berkeley economists.
IBD Stock Of The Day: RH stock gapped higher Friday, triggering a buy signal, after Warren Buffett disclosed a stake in the upscale furniture firm.
Berkshire Hathaway picked up RH and Occidental Petroleum but trimmed its Apple stake. Meanwhile, top hedge funds bought software stocks.
Warren Buffett’s Berkshire Hathaway Inc. may have sold some Apple Inc. shares during the third quarter, but its ownership stake in the technology giant actually increased, as the value of the investment swelled by more than $6 billion.
The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From ...
You need to keep up on Warren Buffett stocks, because while the Berkshire Hathway chief sticks to a winning investing formula, that doesn't mean sitting still.
Both are controversial stocks, a far cry from the mostly plain-vanilla names in Berkshire’s portfolio such as Coca-Cola and Bank of America.
(Bloomberg) -- Occidental Petroleum Corp. rose after Warren Buffett’s Berkshire Hathaway Inc. bought an additional stake in the debt-laden oil producer and a Delaware judge ruled against activist investor Carl Icahn’s request for company files.Occidental gained as much as 4.2% Friday after Berkshire disclosed the purchase of $332 million of shares in the third quarter. That makes it the 17th-largest investor in Occidental, according to data compiled by Bloomberg.The stock is in addition to the $10 billion of preferred shares Buffett bought earlier in 2019 to help Occidental fund its takeover of Anadarko Petroleum Corp.The vote of confidence from Buffett is “certainly a positive for the stock,” said Muhammed Ghulam, a Houston-based analyst at Raymond James & Associates. “I wouldn’t be surprised if he buys more if the price drops lower.”Occidental dropped to a 14-year low earlier this month after Chief Executive Officer Vicki Hollub unveiled a plan to slash capital spending by 40% to deal with the debt taken on in its $37 billion takeover of Anadarko.Icahn has said the takeover, which was completed in August, was flawed. He plans a proxy battle to change Occidental’s board next year. But the billionaire investor lost a ruling that would have required Occidental to hand over company files related to the deal that may have assisted him in his fight. Icahn plans to appeal the decision.Occidental traded 2.8% higher at $38.83 a share at 10:29 a.m. in New York.To contact the reporter on this story: Kevin Crowley in Houston at firstname.lastname@example.orgTo contact the editor responsible for this story: Simon Casey at email@example.comFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Berkshire Hathaway’s Warren Buffett appears to have taken the summer off when it comes to investments, as stakes in RH and Occidental were probably taken by the two portfolio managers who oversees part of Berkshire’s big equity portfolio.
The Dow Jones today is rising on China trade hopes. Apple stock got a price target hike. Applied Materials, RH, JD.com, Amarin are moving near buy points.
Global stock indexes are mixed on a quiet Friday morning. Earnings have technology shares moving. And Amazon is protesting Microsoft’s Defense Department contract win.
Futures rose on China trade news. RH leapt on Warren Buffett taking a position. Nvidia and Applied Materials were active on earnings. An FDA panel backed an Amarin drug. Apple ticked up.
A Delaware judge rejected Mr Icahn’s attempt to force Occidental into disclosing financial records in connection with its acquisition. In a judgment handed down on Thursday, the Delaware Court of Chancery said Mr Icahn had failed to provide any evidence of wrongdoing. “Allegations of mismanagement appear to be nothing more than disagreements with how Occidental’s directors exercised their business judgment,” wrote Joseph Slights, vice-chancellor.
It's Fri-yay! Jim Cramer has some thoughts on the JEDI contract, Real Money Stock of the Day Nvidia's earnings and Warren Buffett. ActionAlertsPLUS.com research analyst Zev Fima is filling in for Katherine Ross.
Berkshire Hathaway disclosed Thursday that it bought a 1.2-million-share stake in luxury furniture retailer RH, formerly known as Restoration Hardware, during the third quarter, sending the Corte Madera retailer’s shares up 7% in after-hours trading. Berkshire, led by legendary investor Warren Buffett, also trimmed its stakes in Apple and Wells Fargo. Buffett has been steadily selling some of Berkshire’s Wells Fargo shares to keep its stake under 10 percent for regulatory reasons as the bank buys back stock.
The conglomerate led by Warren Buffett revealed new stakes in two companies, according to a filing on Tuesday.
Berkshire Hathaway Inc. revealed new stakes in furniture maker RH and energy company Occidental Petroleum Corp. , according to a filing on Thursday. The conglomerate led by legendary investor Warren Buffett owned about 1.2 million shares of RH, formerly known as Restoration Hardware, and nearly 7.5 million shares of Occidental. It trimmed stakes in Apple Inc. and Wells Fargo , among other companies. In April, Berkshire committed $10 billion to help Occidental's bid for Anadarko Petroleum Corp. , giving Occidental an edge over Chevron Corp , which was also vying for Anadarko and later bowed out. Shares of RH rallied more than 6% in the extended session, while Occidental stock rose 1.6%.