Ally Financial (ALLY) Rises On News Berkshire Triples Position
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Ally Financial (ALLY) Extends Gain After Buffett Adds to Stake, Up 7%
August 16, 2022 8:22 AM EDTAlly Financial (NYSE: ALLY) Extends Gain After Buffett Adds to Stake, Up 7%
... MoreBuffett's Berkshire boosts Ally, Activision holdings; sheds Verizon
August 15, 2022 4:46 PM EDTBy Jonathan Stempel
(Reuters) -Berkshire Hathaway Inc, run by billionaire Warren Buffett, has tripled its stake in online banking company Ally Financial Inc and increased its bet that "Call of Duty" video game maker Activision Blizzard Inc will be acquired by Microsoft Corp.
In a Monday regulatory filing describing its U.S.-listed equity investments as of June 30, Berkshire also said it exited what was once an $8.3 billion investment in Verizon Communications Inc and no longer owns Royalty Pharma Plc, which buys drug royalties.
... More