Berkshire Hathaway Increases Stakes in Alphabet, Delta, and Housing
Berkshire Hathaway, under Greg Abel, has significantly increased its investments in Alphabet (Google) and Delta Air Lines, making Alphabet a top-three holding. The company also expanded its bets on the U.S. housing market while trimming positions in Bank of America and Kroger.
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Berkshire Boosts Delta, Alphabet Stakes as Abel Taps Cash Pile
Berkshire Hathaway Inc. padded its holdings in Delta Air Lines Inc. and Google parent Alphabet Inc. during the second quarter as Greg Abel began tapping into the company’s massive cash hoard.
By Alexandre Rajbhandari
Read full article →Delta flight diverted twice after lavatory leak floods cabin, leaves passengers stranded for hours
Delta Air Lines Flight 81 declared an emergency for an overweight landing at Heathrow after a lavatory issue forced the Paris-to-Seattle diversion.
Read full article →Berkshire Hathaway boosts Alphabet to a top three holding, ups Delta and housing bets
Berkshire owned about 106 million shares in the parent of Google, worth $37.9 billion at the end of June, according to a regulatory filing released Friday.
Read full article →Berkshire Hathaway doubles down on the U.S. housing market with a fresh bet on this stock
Berkshire Hathaway has upped its bet on the U.S. housing market, and also boosted its stakes in Alphabet and Delta Air Lines.
By Claudia Assis
Read full article →Berkshire Adds Google, Delta, Trims BofA, Kroger As Abel Taps Into Record Cash Hoard
Berkshire Adds Google, Delta, Trims BofA, Kroger As Abel Taps Into Record Cash Hoard While nowhere near as tumultuous as the transformational first quarter in Berkshire's post-Warren Buffett era which saw over a dozen names rotated in and out, in the second quarter there were a few notable changes under Berkshire's new CEO, Greg Abel. In a quarter in which Abel spent a net $20 billion on other equities, and repurchased about $4.5 billion of its own stock, leaving it with $365.5...
By Tyler Durden
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