Page 80 - Greg Abel News Today

Berkshire Hathaway bought shares worth more than $51 billion from January through March

Warren Buffett gave Berkshire Hathaway investors a few details Saturday about how he spent more than US$50 billion earlier this year and again reassured them that the company he built will endure long after the 91-year-old billionaire is gone.

At Berkshire Hathaway's annual meeting, the 91-year-old CEO says he boosted the company's stake in Chevron and Apple, among other moves.

After saying for years that high valuations were thwarting his stock-buying efforts, Warren Buffett’s Berkshire Hathaway Inc is back hoovering up other companies’ shares. The conglomerate made roughly US$41 billion of net purchases in the first quarter, including a boost to its Chevron Corp stake that vaulted the investment into Berkshire’s top four common stock holdings. Buffett also disclosed that the company now holds an expanded 9.5 percent stake in Activision Blizzard Inc — an arbi...

Read more about Berkshire shareholders weekend. Warren Buffett noted to Berkshire Hathaway shareholders near the start of Saturday's annual meeting that the company is being run by two guys whose combined age is approaching 190.. It was one of many familiar scenes inside the CHI Health Center on Saturday, with Berkshire's 91- year-old chairman and his 98-...

Greg Abel was making his first appearance on the annual meeting stage as the executive who will take over when CEO Buffet retires or dies.

Buffett reveals big investments, rails against Wall St excess at Berkshire meeting

Warren Buffett gave Berkshire Hathaway investors a few details Saturday about how he spent more than $50 billion earlier this year and again reassured them

Berkshire Hathaway has increased its stake in oil with $26 billion invested in Chevron and a multibillion-dollar stake in Occidental Petroleum.

Warren Buffett on Saturday used the annual meeting of Berkshire Hathaway Inc to reveal major new investments including a bigger stake in Activision Blizzard