Berkshire Hathaway (BRKA.US) led by Warren Buffet has decided to increase its shareholding in Occidental Petroleum (OXY.US) to a total of 4.58% of the value of BRKA's total portfolio. The company reported a series of purchases of 8,896,890 shares in the company, worth $409 million. Occidental's shares are gaining nearly 5% today.
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Open account Try demo Download mobile app Download mobile appThe latest reported transactions by Berkshire Hathaway. At the same time, the holding increased its stake in VeriSign (VRSN.US) and Sirius XM (SIRI.US). Source: hedgefollow
The company's shares are gaining 5% today, nevertheless they continue to maintain a strong downtrend from a technical perspective. Source: xStation
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