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Berkshire Hathaway ups stake in Occidental Petroleum to 16.3%

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Occidental Petroleum is trading higher on news of Berkshire Hathaway buying more shares of the company.

Video Transcript

- And before we head to the break, Occidental is trading right now higher by about 3% pre-market, $57.50 a pop, following news that Berkshire Hathaway increased its share in the oil company to 16.3%.

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