Share on StockTwits

According to a regulatory filing on Thursday, Warren Buffett’s Berkshire Hathaway Inc bought a new stake of 11 million shares in Verizon Communications Inc in the first quarter and added to its holding in Wal-Mart Stores Inc. Shares of Verizon rose 1.6 percent to $48.75 in after-hours trading following the disclosure, in a U.S. Securities and Exchange Commission filing, detailing Berkshire’s U.S. common stock investments as of March 31.

“Buffett’s Berkshire Hathaway Buys Stake In Verizon, Adds To Wal-Mart” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.