Tag: NYSE:HP
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Berkshire Sells Some HP Shares After Acquiring Large Stake Last Year
Warren Buffett’s Berkshire Hathaway said on Wednesday that it has sold about 5.5 million shares of HP (NYSE:HP), unwinding part of what has been a large and unsuccessful investment in the personal computer and printer manufacturer. Berkshire (NYSE:BRK.B) sold the shares this week for approximately $158 million, reducing its stake in HP to about $3.27…
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Keep An Eye Out: Pre-Market Movers And Recommendations
Rockwell Automation (NYSE:ROK): Barclays downgrades to underweight from equal-weight. PT set to $287, implies a 9.5% decrease from last price. Highwoods (NYSE:HIW): Wells Fargo Securities downgrades to equal-weight from overweight. PT down 8.3% to $22. Align Technology (NASDAQ:ALGN): HSBC initiated coverage with a recommendation of buy. PT set to $450. Centene (NYSE:CNC): Morgan Stanley downgrades…
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PC Shipments Continue To Fall, Super Mario Bros. Movie Breaks Records, Tesla Lowers Prices Again
US Stocks Fall US stocks took a hit, and the dollar surged in thin trading during the holidays, as investors prepared for another interest rate hike from the Federal Reserve. This came after Friday’s US job data, with the S&P 500 (SPI:SP500) falling more than 0.5%, and the tech-heavy Nasdaq 100 index (NASDAQI:NDX) losing 1.1%.…