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Tag Archives: warren buffet

Buffett’s firm buys about $10.7B in IBM shares

OMAHA, Neb.  — Investor Warren Buffett says his company bought about $10.7 billion of IBM stock this year, giving it a stake of more than 5 percent stake in the technology company. Buffett revealed the investment during an interview on ...

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Bank of America sells half of its China bank stake

NEW YORK — Bank of America Corp. is selling half of its stake in China Construction Bank Corp. to raise cash and shore up its capital base. The nation’s largest bank by assets said Monday it will sell 13.1 billion ...

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