The days of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock trading above $2,000 are numbered. Investors often eagerly anticipate stock splits because they think shares could take off after the split. Let's first address the significance (or lack thereof) of stock splits. Read More...
TheStreet.com
What Did Warren Buffett See in Occidental That Carl Icahn Missed?
Berkshire Hathaway ( ) purchased another 9.6 million shares of Occidental Petroleum ( ), increasing the behemoth’s total stake to 16.3% as oil prices remain volatile. The Berkshire conglomerate, run by billionaire Warren Buffett, said it spent $530 million acquiring the shares of the oil company, whose stock rose by 1% following the announcement, but had fallen by 13% during the past month, according to a regulatory filing. Berkshire now owns 152.7 million shares, worth about $8.52 billion.
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