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Berkshire sold 48,660,056 shares of Bank of America ( BAC 0.07%), a stock up 520% since Buffett first took a stake in August ...
At one point, Apple stock accounted for more than half the value of Berkshire's equity portfolio. Buffett first purchased ...
If Buffett is unloading some stocks, it pays to take a closer look at their fundamentals. Here's a quick look at the stocks ...
Wall Street banks are coining it in Donald Trump’s America. Goldman Sachs this week reported a 22pc jump in profits, driven ...
Berkshire still owns a 10.5% stake in the bank worth about $33 billion, making it the conglomerate’s third-largest public holding.
Earnings Estimates: Analysts expect Bank of America to report second-quarter revenue of $26.81 billion, up from $25.54 billion in last year's second quarter, according to data from Benzinga Pro. The ...
Berkshire sold 48,660,056 shares of Bank of America, cutting its position 7%. Nevertheless, it still ranks as the fourth-largest position in the company's stock portfolio. Berkshire bought 238,613 ...
We recently published Jim Cramer Discusses These 10 Stocks & AI-Led Disinflation. Bank of America Corporation (NYSE:BAC) is one of the stocks Jim Cramer recently discussed.
Warren Buffett's Berkshire Hathaway dumps Citigroup stake, trims Bank of America, Capital One Provided by Dow Jones May 15, 2025, 8:53:00 PM ...
Sold: Citigroup Inc. (C) Buffett’s first-quarter bank stock selling spree wasn’t limited to Bank of America. Berkshire sold about 14.6 million shares of Citigroup, completely exiting its position.
NEW YORK Warren Buffett comes to the rescue again. Buffett s Berkshire Hathaway Inc. announced Thursday that it would invest $5 billion in Bank of America Corp., a much-needed vote of confidence.
Bank of America currently trades at 1.7 times tangible book value, a premium to the 10-year average of 1.5 times tangible book value. But the multiple actually hit 1.8 in the first quarter.
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