First Paramount, now Apple. Buffett’s Berkshire sells shares of tech giant
Dan Niles, senior portfolio manager at SATORI Fund, talks about Apple’s outlook for 2024 on “The Craman Countdown.” Berkshire Hathaway sold some of its Apple shares. With the sale of just over 10 million shares, Warren Buffett’s conglomerate reduced its holdings in Paramount Global by 32% in the fourth quarter and made other portfolio adjustments. […]
Warren Buffett’s Berkshire Hathaway shrinks Paramount stock holding
FOX Business’ Charlie Gasparino details Paramount’s cash flow problems on “Craman Countdown.” Berkshire Hathaway, the conglomerate run by billionaire investor Warren Buffett, has sold about 30.4 million shares from its investment in Paramount Global. The fourth-quarter move disclosed Wednesday was a 32% decrease from the approximately 93.7 million shares held by the conglomerate at the […]
Paramount shares plunge after Warren Buffett’s Berkshire Hathaway cuts stake in media giant
Warren Buffett’s Berkshire Hathaway is selling a third of its stake in troubled media giant Paramount, according to a regulatory filing Wednesday. The stock plunged more than 7% in after-hours trading. Berkshire Hathaway owns a 15% stake in Paramount and is exploring the possibility of selling it, and he is expected to relinquish his remaining […]
Build-A-Bear and Warren Buffett’s ‘Squishmallows’ maker square off in court
Howard Buffett explains how his childhood experiences influenced him to become a philanthropist. A battle for stuffed animals is being fought in court. Squishmallow maker Jazzwares, owned by Warren Buffett’s Berkshire Hathaway, sued rival Bill-A-Bear on Monday, accusing it of plagiarizing its designs. Build-A-Bear fired back with its own lawsuit the same day. Warren Buffett […]