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Sunday 1 December 2013

Berkshire Hathaway Boosts Stakes in U.S. Bancorp, BNY Mellon

Warren Buffett's Berkshire Hathaway increased its stakes in U.S. Bancorp (USB) and Bank of New York Mellon (BK) during the second quarter.

The conglomerate disclosed in a regulatory filing that it bought roughly 840,000 shares of U.S. Bancorp's stock, raising its stake in the Minneapolis company to 4.3%. Berkshire Hathaway also bought about 9,000 shares in Bank of New York Mellon, boosting its stake to 2.2%.





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