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Bank of South Carolina (NASDAQ:BKSC – Get Free Report) and Ally Financial (NYSE:ALLY – Get Free Report) are both finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, earnings, valuation, profitability, risk and dividends. Earnings & Valuation This table compares […]
International Business News: OMAHA: Berkshire Hathaway significantly reduced its enormous stake in Apple in the first quarter, as Warren Buffett's conglomerate let its cash hoard .
Berkshire Hathaway Inc s record profit driven by insurance operations included a significant Apple share sale, increasing cash to $189 billion. Buffett s move away from Apple reflects investor concerns. The company also repurchased its own stock and held its annual meeting in Omaha.