Berkshire Hathaway purchases stake in Charter Communications
Aug 15 2014, 03:38 ET | About: Berkshire Hathaway inc. (BRK.B)
Berkshire Hathaway (BRK.B), (BRK.A) disclosed a $366M stake in cable TV operator Charter Communications (NASDAQ:CHTR) in the second quarter, according to a new regulatory filing. Shares of Charter have now rose more +2% in after-hours trading.
The filing also detailed other new investments including a 1.3% raised stake in Wal-Mart (NYSE:WMT), and other increased holdings including IBM (NYSE:IBM) and Suncor Energy (NYSE:SU).
However, Berkshire Hathaway reduced its stake in several companies, among them DirecTV (NASDAQ
Aug 15 2014, 03:38 ET | About: Berkshire Hathaway inc. (BRK.B)
Berkshire Hathaway (BRK.B), (BRK.A) disclosed a $366M stake in cable TV operator Charter Communications (NASDAQ:CHTR) in the second quarter, according to a new regulatory filing. Shares of Charter have now rose more +2% in after-hours trading.
The filing also detailed other new investments including a 1.3% raised stake in Wal-Mart (NYSE:WMT), and other increased holdings including IBM (NYSE:IBM) and Suncor Energy (NYSE:SU).
However, Berkshire Hathaway reduced its stake in several companies, among them DirecTV (NASDAQ