Occidental Petroleum (OXY) has announced the sale of certain Delaware Basin assets in Texas and New Mexico to Permian Resources for approximately $818 million. This move is part of Occidental’s strategy to reduce its debt, …
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Berkshire Hathaway Sells $1.48 Billion Bank of America Shares
Berkshire Hathaway, the investment conglomerate led by Warren Buffett, has sold approximately 33.9 million shares of Bank of America this week, generating roughly $1.48 billion in proceeds. This move follows a series of transactions and …
Continue readingBerkshire Hathaway Shares Hit Record High, Reflecting Investor Confidence
Berkshire Hathaway’s share price surged to a record high on Monday, driven by investor confidence in Warren Buffett’s company. The price of Berkshire’s Class A shares climbed 1.5% to $649,000, surpassing the previous record of …
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