Berkshire Hathaway Inc. completed the exchange of most of its position in Procter & Gamble Co. in the first quarter to buy Duracell. "Buffett's Berkshire Takes $1 Billion Position in Apple" at 9:19 a.m. EDT and an update at 9:52 a.m. incorrectly stated the firm sold off the shares.

(END) Dow Jones Newswires

May 16, 2016 10:50 ET (14:50 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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