Warren Buffett's Berkshire Hathaway dumps nearly $1B Bank of America shares

Berkshire Hathaway has been steadily backing off its longtime stake in the Charlotte, NC-based lender.

Warren Buffett just dumped nearly $1 billion of this stock

Continuing in line with his recent trend of selling Bank of America (NYSE: BAC) shares, Warren Buffett, CEO and founder of Berkshire Hathaway (NYSE: BRK.A), offloaded nearly $1 billion worth of BAC...

Bank of America (BAC) Stock Drops Despite Market Gains: Important Facts to Note

In the most recent trading session, Bank of America (BAC) closed at $39.67, indicating a -0.63% shift from the previous trading day.

If I Could Only Buy 2 High Dividend Yield Companies In August 2024

In this article, I will present you with two high dividend yield companies that, I believe, are presently attractive, given their current Valuation, financial robustness, and leading competitive po...

Berkshire (BRK.B) Trims BAC Stake: What Should Investors Know?

Investors who already hold Berkshire (BRK.B) shares should retain the same as it renders dynamism to the portfolio and others can wait for a better entry point.

Bank Of America: 'Busted' Preferred Shares Still Offer A 5.85% Yield

Bank of America's Series L preferred shares have yielded a total return of around 15% in the past eight months. Bank of America's pre-tax income decreased slightly, but preferred dividends are well...

Bank of America Poonawala talks impact of rate cuts on the banking sector

Ebrahim Poonawala, Bank of America Securities Head of North American Banks Research, joins 'Closing Bell Overtime' to talk a possible dovish pivot from the Fed and the impact of the financial sector.

3 Warren Buffett Stocks That Are Screaming Buys Right Now

Warren Buffett can't seem to get enough of energy company Occidental Petroleum. Berkshire's been shedding BofA shares although it still owns far more than it's sold.

All It Takes Is $1,000 Invested in Coca-Cola and Each of These 3 Warren Buffett Dividend Stocks to Generate Over $100 in Passive Income Per Year

Coca-Cola has paid and raised its dividend for 62 consecutive years. Bank of America is a good value, and its dividend has become more reliable.

Bank Of America Stock Is Up 19% YTD, Where Is It Headed?

Bank of America's stock (NYSE: BAC) has gained 19% YTD, as compared to the 18% rise in the S&P500 index over the same period. Notably, Bank of America's peer Wells Fargo (NYSE: WFC) is up 14% YTD.

Bank Stock Slides as Buffett Dumps More Shares

Shares of Bank of America Corp (NYSE:BAC) are in the spotlight today, after a regulatory filing revealed Warren Buffett's Berkshire Hathaway (BRK.A) decreased its stake further, after dumping milli...

Warren Buffett's Berkshire sells $550mln more of Bank of America stake

Warren Buffett's Berkshire Hathaway Inc (NYSE:BRK.B) has continued to offload Bank of America Corp (NYSE:BAC) shares in recent days, with the latest stake sale worth around US$550 million (£423 mil...

Buybacks: 3 Companies Aggressively Buying Shares

Companies commonly deploy repurchase programs to boost shareholder value, all of which we've recently seen from Builders FirstSource, Unum Group, and Bank of America.

Bank Of America: Fixed-Rate Preferred Shares Offer Upside On Fed Cuts/Recession

Bank of America's Series PP 4.125% fixed-rate preferred shares have performed in line with the iShares Preferred and Income Securities ETF in 2024. I think the series PP securities may reach a pric...

The Best Warren Buffett Stocks to Buy With $120 Right Now

Although Buffett recently sold shares of one of these stocks, it remains a great long-term pick. Another offers a low valuation and a great dividend.


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