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What signal? Warren Buffett has once again reduced his shareholding in Bank of America, cashing in nearly $1.5 billion.
After four years, he took action.
Berkshire Hathaway Sells Bank of America Stock Worth $1.5 Billion
Berkshire Hathaway sold about $1.5 billion of Bank of America stock in recent days, dropping its stake in the banking giant to a still sizable $42.9 billion, according to a filing late Friday.
AM Best Affirms Credit Ratings of Old United Casualty Company
OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of "a+" (Excellent) of Old United Casualty
American Express Earnings Preview: Low Double-Digit Profit Growth Will Be Welcomed as the Market Shifts Toward the Finance Sector
American Express, one of Berkshire Hathaway's largest holdings, will release its Q2 financial report before the bell on Friday. The upcoming earnings are expected to be bolstered by robust gains in loans and card fees, stringent cost management, and solid credit outcomes.
Berkshire Hathaway Hits Record High; Will US Stocks Shift From Tech-Driven to Value-Driven?
The Dow Jones Industrial Average reached a new record high of 41,198 points Wednesday, closing 0.6% higher and extending its winning streak to six consecutive sessions in the green.
Berkshire Hathaway Stock Hits New High, Nears $1 Trillion Market Value -- Barrons.com
Andrew Bary Berkshire Hathaway stock is bucking the drop in the equity market, notching a gain that puts the company within 5% of achieving a historic $1 trillion market capitalization. Berkshire's
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