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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Wells Fargo and Company | NYSE:WFC | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.30 | 0.50% | 59.82 | 60.15 | 59.32 | 60.12 | 15,354,024 | 01:00:00 |
Berkshire Hathaway Inc. (BRKA, BRKB), which increased its Wells Fargo & Co. (WFC) stake to about 10% in the first quarter, is seeking regulatory approval to buy more shares, according to reports from Bloomberg News and CNBC.
In a filing with the Federal Reserve, Berkshire said it has no "specific transaction or dollar value in mind," Bloomberg reported.
Full story at http://www.bloomberg.com/news/articles/2016-07-01/buffett-applies-to-fed-to-expand-wells-fargo-holding-beyond-10 and
http://www.cnbc.com/2016/07/01/buffett-applies-to-fed-to-expand-wells-fargo-holding-beyond-10.html
Write to nymonitoring@dowjones.com
(END) Dow Jones Newswires
July 01, 2016 16:31 ET (20:31 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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