Tuesday, 16 November 2010

Billionaire Warren Buffett's firm tweaks its US$49bil US stock portfolio

Tuesday November 16, 2010 MYT 9:14:56 AM

Omaha, Nebraska: Warren Buffett's company has invested in Bank of New York Mellon and sold off stakes in NRG Energy, CarMax and Republic Services.

Berkshire Hathaway Inc. revealed a number of changes to its $49 billion U.S. stock portfolio Monday in documents filed with the Securities and Exchange Commission.
The company doesn't typically comment on its investment decisions.
Between the end of June and the end of September, the Omaha-based company that Buffett leads as chairman and CEO made several changes during an active quarter.
Those included cutting Berkshire's Comcast stake to 187,000 shares from 12 million, reducing Nike holdings to 3.6 million shares from 7.6 million, cutting an Ingersoll-Rand Company investment to 636,600 shares from 5 million and reducing a stake in Nalco Holding Co. to 6.1 million shares from 9.15 million. - AP

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