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Aurora, Il USA
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OMAHA, Neb. (AP) -- Warren Buffett's company revealed new stakes in Intel, DirecTV, General Dynamics and CVS Caremark to accompany Berkshire Hathaway Inc.'s headline-making investment in IBM.
Berkshire disclosed the new investments Monday in a quarterly update it filed on its U.S. stock holdings. Buffett announced Berkshire's purchase of more than 5 percent of IBM's stock during an earlier interview.
Berkshire estimates that each of the new investments, besides IBM, were worth less than $200 million at the end of September. That dollar figure suggests those investments were made by Berkshire's new investment manager Todd Combs, who manages between $1 billion and $3 billion. But it's not clear who picked the investments because the filing doesn't differentiate between investments Berkshire makes, investments any of roughly 80 subsidiaries make, or investments made by Buffett himself
Buffett's firm reveals several new investments - Yahoo! Finance
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