Carl Icahn exited a big bet on Occidental Petroleum Corp. , selling the last of what was once a roughly 10% stake in the oil-and-gas producer as its shares surge. Mr. Icahn, who had been cutting the p...
Tag: Berkshire Hathaway Cl B
Warren Buffett Lieutenant Ted Weschler Makes a Big Score on Dillard’s
Text size Ted Weschler, portfolio manager for Berkshire Hathaway. Photograph by Daniel Acker/Bloomberg Ted Weschler, an investment lieutenant for Warren Buffett, sold out of a hugely successful invest...
Alibaba Stock Is Falling. SoftBank May Be Getting Ready to Sell Its Stake.
Text size Masayoshi Son’s SoftBank Group owns almost 25% of Alibaba. Maybe not for long. Charly Triballeau/AFP/Getty Images Technology investor SoftBank may be getting ready to sell some or all ...
Why Alphabet, Nvidia, and Others Belong in the Dow Jones Industrials
The Dow Jones Industrial Average, launched in 1896, has trailed the S&P 500 index of late. That could change if Alphabet , which said on Tuesday that it would split its stock 20-1 (cutting shares ...