Berkshire

Buffett’s Berkshire continues to boost stake in Occidental

Check out what’s clicking on FoxBusiness.com Warren Buffett’s Berkshire Hathaway continues to collect shares of Occidental Petroleum in 2022. Buffett’s conglomerate raised its stake in the company to 26.8% from 20.2%, according to Bloomberg.The latest purchase comes after US regulators gave Berkshire the go-ahead last month to buy as much as half of the oil …

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Buffett’s Berkshire Hathaway wins approval to buy up to half of Occidental

Berkshire Hathaway won the approval of a US energy regulator on Friday to buy up to 50 per cent in Occidental Petroleum, giving Warren Buffett’s company the option to vastly increase its stake in one of the US oil industry’s most storied producers.The Federal Energy Regulatory Commission said Berkshire’s proposal to increase its stake in …

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Berkshire Hathaway posts massive $43.8 billion loss; operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan//File PhotoRegister now for FREE unlimited access to Reuters.comRegisterAug 6 (Reuters) – The slide in U.S. stock prices punished Berkshire Hathaway …

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