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Berkshire Hathaway purchases stake in Charter Communications

  • 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:DTV).
Comments (1)
  • Michael Bryant
    , contributor
    Comments (5615) | Send Message
     
    (NASDAQ:CHTR) eh? What about (NYSE:TWC)?
    15 Aug, 03:51 PM Reply Like
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