Warren Buffett on his favorite stock and other Berkshire holdings"Apple is different than the other businesses we own. It just happens to be a better business," said Buffett during Berkshire's annual meet...
07 May, 2023, 09.48 AM IST
Berkshire Hathaway stake in Occidental Petroleum rises to 23.6%Buffett, 92, has longed to make another large acquisition for his Omaha, Nebraska-based conglomerate, whose dozens of businesses include Ge...
28 Mar, 2023, 08.09 AM IST
US stock market: US stocks mixed as investors eye upcoming jobs data, rate hikesStocks had fallen more than 1% on Tuesday after Powell's comments led investors to dramatically increase bets on a 50-basis-point hike in M...
09 Mar, 2023, 07.49 AM IST
Buffett's Berkshire Hathaway buys 5.99 mln more Occidental sharesBerkshire's stake would allow Buffett's Omaha, Nebraska-based conglomerate to report its proportionate share of Occidental's earnings with ...
29 Sep, 2022, 11.20 AM IST
Here’s why Warren Buffett loves oil giant Occidental PetroleumInflation looks to be the mega-trend for the first half of the 2020s and crude oil is one of the best natural hedges out there. Russia’s in...
20 Aug, 2022, 02.21 PM IST
Buffett's Berkshire Hathaway wins OK to buy 50% Occidental stakeSome investors and analysts have nonetheless said Berkshire could eventually buy Occidental, diversifying an energy portfolio that includes...
20 Aug, 2022, 09.39 AM IST
Buffett's Berkshire boosts Ally, Activision holdings; sheds VerizonNevertheless, Buffett's conglomerate, which also owns dozens of businesses such as the BNSF railroad and Geico auto insurer, ended June wit...
16 Aug, 2022, 07.47 AM IST
Berkshire Hathaway boosts Occidental Petroleum stake above 20%In a regulatory filing on Monday night, Berkshire said it paid about $391 million for nearly 6.7 million Occidental shares between Aug. 4 a...
09 Aug, 2022, 01.46 PM IST
Buffett's Berkshire buys more Occidental Petroleum, edges closer to 20% stakeBerkshire's latest purchases from July 14 to July 16 cost $112 million, and gave Buffett's conglomerate a 19.4% Occidental stake worth abou...
19 Jul, 2022, 08.50 AM IST
Buffett's Berkshire owns 19.2% of Occidental Petroleum after new purchasesBerkshire also owns $10 billion of Occidental preferred stock that throws off $800 million of annual dividends, and has warrants to buy ano...
14 Jul, 2022, 11.25 AM IST
Buffett's Berkshire Hathaway owns 18.7% of Occidental after new 12 milllion share purchaseBerkshire also owns $10 billion of Occidental preferred stock, and has warrants to buy another 83.9 million common shares for $5 billion, o...
08 Jul, 2022, 08.39 AM IST
Berkshire Hathaway buys 9.9 million more Occidental shares, has 17.4% stakeBerkshire paid about $582 million for the shares, which it bought between Wednesday and Friday, according to a Friday night filing with the...
02 Jul, 2022, 09.11 AM IST
Berkshire Hathaway buys 9.6 million more Occidental shares, raises stake to over 16%Berkshire is the largest individual shareholder in Occidental. The company also owns options to buy 83.9 million Occidental shares, which i...
23 Jun, 2022, 07.45 AM IST
Buffett's Berkshire buys more Occidental shares, boosts stake to 15.2%Following the purchases, Berkshire owned about 142.3 million Occidental shares worth approximately $8.8 billion, plus $10 billion of prefer...
05 May, 2022, 10.54 AM IST
Warren Buffett’s Berkshire raises stake in Biogen, KrogerBuffett’s company has been trimming its stakes in some major lenders to try to avoid crossing a 10% ownership threshold that often draws re...
16 Feb, 2020, 03.25 PM IST
Occidental's winding path to Anadarko bid led to BuffettThe battle for Anadarko is being keenly watched by the energy industry.
03 May, 2019, 08.23 PM IST
- 'No confidence' in World Bank arbitration arm: Ecuador
President of Ecuador Rafael Correa said he has no confidence in the World Bank arbitration branch that is hearing US oil company Occidental...
11 May, 2008, 08.47 AM IST