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Is A $5 Billion Repurchase International Business Machines Corp (IBM)'s Last Resort?
2014-11-11 20:54:10| Electronics - Topix.net
Warren Buffett 's Berkshire Hathaway Inc. is believed to have seen a slump in returns because of the 7.09% stake in International Business Machines Corp. , which saw its stock price plummet throughout the last 30 days. Considering that the American Express Company represents approximately 14.68% of the same portfolio and the company gained little to 9% this month, one might infer that Warren Buffett won't see his profits drop below zero.
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Category:Electronics and Electrical