Saturday, November 7, 2015

Berkshire Says Unrealized IBM Loss Hits $2 Billion, Affirms Bet - Bloomberg Business

Berkshire Says Unrealized IBM Loss Hits $2 Billion, Affirms Bet - Bloomberg Business: "“IBM continues to be profitable and generate significant cash flows,” Omaha, Nebraska-based Berkshire said in a regulatory filing Friday. “We currently have no intention of disposing of our investment in IBM common stock. We expect that the fair value of our investment in IBM common stock will recover and ultimately exceed our cost.”"



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