Berkshire Hathaway
purchased nearly eight million shares of
Occidental Petroleum
in recent days, bringing its stake to 208 million shares, or 23% of the big energy company, according to a regulatory filing late Wednesday.
Berkshire Hathaway (Ticker BRK.A, BRK.A) bought the shares from Monday through Wednesday at prices ranging from $56 to $61 a share. Occidental Petroleum (OXY) stock fell 5.6% Wednesday to $56.80 because of a drop of more than $3 a barrel in oil prices to under $68 a barrel as measured by West Texas Intermediate. Shares were up 1.1% to $57.40 in premarket trading Thursday.

Rose is a name that comes with an epic description for technology geek. She loves decoding things that are new in the technological advancement sector. She has been contributing interesting news from technology section.