• Berkshire buys Teva, feels IBM blues as Apple becomes top investment

    One year ago - By Reuters

    Warren Buffett's Berkshire Hathaway Inc on Wednesday disclosed a new stake in generic drugmaker Teva Pharmaceutical Industries Ltd and said it bought more shares of Apple Inc , which surpassed Wells Fargo & Co as its largest common stock investment.
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  • Buffett's firm invests in drugmaker Teva, trims Phillips 66

    One year ago - By Chron

    OMAHA, Neb. - Billionaire Warren Buffett's company revealed a new investment in Teva Pharmaceuticals and trimmed its holdings in oil refiner Phillips 66 by selling 35 million shares back to the company for $3.3 billion.
    Berkshire Hathaway Inc. disclosed those changes and several other tweaks to its stock holdings Wednesday in documents filed with the Securities and Exchange Commission.
    Berkshire said it held 18.9 million shares of Teva at the end of the year.
    Berkshire's filings don't reveal whether Buffett or one of the conglomerate's two other investment managers made the move, but the...
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