Billionaire Warren Buffett’s company has again increased the size of its bet on grocery giant Kroger, while scaling back several of its health care industry investments. Berkshire Hathaway Inc. said in a quarterly update with regulators Monday that it picked up nearly 11 million shares of Kroger stock during the second quarter, raising its holdings…
The Nashville Ledger tnledger.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tnledger.com Daily Mail and Mail on Sunday newspapers.
By Jonathan Stempel
(Reuters) -Warren Buffett s Berkshire Hathaway Inc on Saturday said many of its businesses are enjoying strong recoveries from the early depths of the coronavirus pandemic, fueling rebounds in profits and revenue.
The company Buffett has run since 1965 also signaled the billionai.
The company Buffett has run since 1965 also signaled the billionaire s confidence in its future by repurchasing $6 billion of its own shares in the second quarter, even as its stock price regularly set new highs.
Breaking News, Latest News and Current News from OANN.com. Breaking news and video. Latest Current News: U.S., World, Entertainment, Health, Business, Technology, Politics, Sports.