SiriusXM, Berkshire Hathaway and Warren Buffett
SiriusXM Stock Surges After Warren Buffett's Berkshire Hathaway Boosts Its Stake
Key Takeaways SiriusXM shares rallied Monday after Warren Buffett’s Berkshire Hathaway raised its stake in the satellite radio company.Berkshire Hathaway now holds a stake of nearly one-third in SiriusXM.
Berkshire Hathaway raises stake in SiriusXM to 32%
Berkshire Hathaway (BRK-B, BRK-A) has upped its stake in radio broadcaster SiriusXM Holdings (SIRI) to 32% after purchasing 3.6 million shares — or $87 million worth — last week, according to SEC filings.
Warren Buffett’s Berkshire Hathaway Raises Stake in SiriusXM
Raising its stake in the home of Howard Stern to 32 percent represents a vote of confidence in SiriusXM XM Holdings combining with the Liberty Media tracking stock group.
Berkshire Hathaway's Ballooning Cash Pile: What Can Warren Buffett Buy With $277 Billion?
Berkshire Hathaway has a huge cash pile. Buffett has to do something big with it or it won't be worth the effort.
Warren Buffett buys rest of Berkshire Hathaway’s utilities, but investors must guess at the price
Warren Buffett's Berkshire Hathaway is buying the rest of its utility unit from the estate of a longtime board member who died three years ago, but it's not clear exactly how much it will pay for the 8% stake.
Sirius XM Shares Rise After Berkshire Hathaway Buys Stock for $87 Million
Shares in broadcasting company Sirius XM rose Monday after Berkshire Hathaway bought stock in the company for about $87 million. Shares were up 5.6% in premarket trading at $24.93, but remain down more than 50% year to date.
Warren Buffett's Berkshire Hathaway hikes its SiriusXM stake to 32% after Liberty deal
Berkshire hiked its bet after Liberty Media completed its deal in early September to combine its tracking stocks with the rest of the entertainment company.
Berkshire Hathaway Inc. Cl B stock underperforms Monday when compared to competitors
Shares of Berkshire Hathaway Inc. Cl B slipped 0.05% to $459.98 Monday, on what proved to be an all-around positive trading ...
Why Is Berkshire Hathaway Unloading Billions In Stock? A Few Theories
Berkshire Hathaway sold a whopping $75 billion in various stocks and continues to sell. Read more on why Buffett and Co. are ...
Berkshire Hathaway raises $1.9 bln in global yen bonds, set to boost Japan bets
Warren Buffett's Berkshire Hathaway has raised 281.8 billion yen ($1.9 billion) in a yen-denominated bond offer, a move ...
Berkshire Hathaway Inc. Cl B stock underperforms Friday when compared to competitors despite daily gains
Berkshire Hathaway Inc. Cl B closed $24.61 short of its 52-week high ($484.82), which the company reached on September 4th.
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Berkshire Hathaway’s Bold Bet: A Game-Changer for Sirius XM (SIRI)?
This strategic investment by Berkshire Hathaway, particularly under the management of investment guru Ted Weschler, is noteworthy given that the company has been perceived as a money-losing stake.
Berkshire Hathaway and Cathie Wood Own Nu Holdings Stock. Why You Should, Too.
Nubank, Latin America’s largest fintech bank, has the ability to grow globally. A recent pullback in its parent company’s ...