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Berkshire sells J&J, P&G (Reuters)

Started by riky, February 18, 2009, 01:01:14 AM

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riky

Berkshire sells J&J, P&G
    (Reuters)

 


Reuters - Billionaire Warren Buffett's Berkshire Hathaway Inc reduced stakes in health-care company Johnson & Johnson  and consumer products company Procter & Gamble Co  as he found high-yielding investments elsewhere, and suffered big paper losses by holding onto investments in big U.S. financial companies.


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