Last month, Berkshire said it would work with Amazon.com and JPMorgan Chase & Co to create their own healthcare company. The "Oracle of Omaha" has made his fortunes through long-term value investing and possesses a track record that speaks for itself.
"IBM is a big strong company, but they've got big strong competitors too", Buffett told CNBC past year.
Berkshire hasn't revealed the reasons why it bought Teva shares.
This disclosure of Berkshire Hathaway selling IBM stock did not appear to have an effect on IBM's stock, which in afterhours trading moved slightly higher.
Stocks in the red include NetAp as the data management company reported a loss due to the new tax law, SunPower as the solar firm's full year revenue forecast came in below expectations, and TreeHouse Foods - shares tumbling as the packaged food manufacturer issued full-year profit guidance that missed the mark.
Berkshire also increased its Monsanto investment by 31% and now owns 11.7 million shares. Teva Pharmaceutical is an Israeli company that manufactures general goal drugs.
Well, IBM rallied a bit during the fourth quarter of 2017, and apparently that was enough to send Berkshire heading for the exits.
Aside from Berkshire Hathaway's tech stock dealings, the USA investment firm's decision to buy a stake in Teva came with a purchase of 18.9 million shares, which are worth in the region of $358 million. Further, Somerset Group Llc reported stake worth 12.70% of its portfolio. The ownership in Q3 2015 is extremely high, at Infinity of the outstanding shares.
Berkshire's stake in American Airlines was slightly reduced by 1 million shares.
Buffett told CNBC in early January that Berkshire was a net buyer of stocks early this year, so it's possible that it could be making a dent in its stash of cash now.
Berkshire also almost completed its year-long exit from International Business Machines Corporation (IBM) selling more than 94 percent of what was left from an investment Mr. Buffett has admitted was not among his best. We won't know what he's buying now until mid-May, but many of its investors are probably hoping for more buying, especially after the recent market correction.
Supreme Court justices are expected to hear arguments concerning the ban in April, and rule on its constitutionality in June. Supreme Court has said that the ban can go into place while it is challenged in the nation's highest court.
The pilot survived the initial attack and ejected, but died in a ground fight, detonating his grenade to avoid being captured. Citing unverified preliminary reports "from Syria " he claimed that as many as 644 could have been killed.
Rather than going through his usual work coaching the team, he chose to allow his players to do the work for him. They lost back-to-back games, three of four and four of 10 - all for the first time during the 2017-18 campaign.
The SPD will now put a coalition deal to its 460,000 members for a vote later this month, with results due on March 4. In a cartoon published on Tuesday, the Sueddeutsche Zeitung daily showed Nahles with a whip riding an SPD snail.
While an indictment alone would not legally oblige Netanyahu to resign, he would likely face mounting pressure to do so. Netanyahu's longtime rival, former Prime Minister Ehud Barak, called the alleged corruption "horrifying".
Opposition politicians, meanwhile, called for Netanyahu to resign and urged his coalition allies to abandon his government. Milchan reportedly gave the Netanyahu family gifts worth NIS 750,000 between 2006 and 2017.
Gonzalo Higuain struck first for Juventus inside two minutes and added a second from a penalty after a foul by Ben Davies. What he did next had Tottenham's hopes soaring and fired a result that showed they belong at this rarefied level.
Bauer, who was downtown leaving training session, was shot after trying to help stop a man being pursued by tactical officers. A person has been charged in the shooting death of a Chicago Police officer who was killed Tuesday during a police chase.
The leaders from six top US intelligence agencies all testified that China , Russia and North Korea pose grave threats to the U.S. Coats was joined by the heads of the CIA, FBI, Defense Intelligence Agency, and the National Security Agency.
Inconsistent Tiger Woods opens with 72 at Riviera
It first was played at Riviera in 1929. "I think the architecture out here is definitely one of the best we play all year. And then there's Dustin Johnson , the top-ranked player in the world and the defending Genesis Open champion.
Google Switches On Chrome Ad Blocker
Put simply, websites would have to play by the Coalition's rules, or risk losing ad revenue from Chrome users. Those ads which " fall beneath a threshold of consumer acceptability ", will be blocked by Google Chrome .
Aid agency Oxfam hit by new report of sex abuse
Oxfam Deputy Chief Executive Penny Lawrence resigned from her position on Monday, taking " full responsibility" for the scandal. European Union officials in Brussels echoed London's threat, threatening to cut more than $40 million in aid to Oxfam .
Xiaomi launches Mi TV 4 in India, priced at INR 39999
Xiaomi has chosen a 20-Megapixel Sony IMX376 sensor for the front camera and has also baked in a front-facing LED flash. For the consumers, who are not a fan of wall-hung televisions , the Mi TV 4 is bundled with an aluminum stand.
Google launches its own Snapchat-like 'stories'
Google launched the Gmail Developer Preview of AMP for Email, enabling new levels of interaction and collaboration within emails. AMP Stories are now only viewable on smartphones, but Google wants to expand them to desktops and laptops in the near future.