ADVFN - Advanced Financial Network.
HOME» NYSE » E » XOM Stock Price » XOM Stock News

Exxon Mobil Share News

 Exxon Mobil Corp. Stock Price
XOM Stock Price
 Exxon Mobil Corp. Stock Chart
XOM Stock Chart
 Exxon Mobil Corp. Stock News
XOM Stock News
 Exxon Mobil Corp. Company Information
XOM Company Information
 Exxon Mobil Corp. Stock Trades
XOM Stock Trades

Berkshire Reports New Position of 2.95 Million Shares of Liberty Global -- Filing

By Anupreeta Das Warren Buffett's Berkshire Hathaway Inc. (BKRA, BRKB) bought nearly 3 million shares of Liberty Global PLC, the Europe-focused cable operator controlled by John Malone, during the fourth quarter, a likely endorsement of the company's aggressive global expansion strategy. Berkshire also substantially raised its stake in General Electric Co. (GE) and now owns about 10.5 million shares of the diversified industrial conglomerate, according to a Friday regulatory filing. The Omaha, Neb.-based conglomerate modestly raised its stake in Exxon Mobil Corp. (XOM) after buying into the company in the third quarter, and now owns about 41 million shares that were valued at just over $4 billion at the end of the fourth quarter. Valued at about $263 million at the end of the fourth quarter, the Liberty Global position was probably purchased by one of Mr. Buffett's two investment managers, who each have over $7 billion to manage. By contrast, Berkshire cut its stake in Liberty Media Corp. (LMCA, LMCB) by about 1 million shares. It now owns about 4.5 million shares that were valued at $775 million at the end of the last quarter. It also cut stakes in companies such as ConocoPhillips (COP) and Moodys Corp. (MCO), while increasing its holdings of Wells Fargo & Co. (WFC) and construction materials company USG Corp. (USG). Mr. Malone, who also controls Englewood, Co.-based Liberty Media, lost out this week on his bid to consolidate the U.S. cable industry after Comcast Corp. (CMCSA, CMCSK) struck a $45 billion deal to buy Time Warner Cable Inc. (TWC). Mr. Malone had backed a rival offer for Time Warner by Charter Communications (CHTR), in which Liberty Media owns a stake. Berkshire also sold roughly 550,000 shares of DISH Network Corp. (DISH) during the latest quarter, exiting its position in the satellite operator. However, it continues to own $2.5 billion worth of stock in DISH's rival DirecTV. Mr. Malone also owns a big chunk of DirecTV. Write to Anupreeta Das at Subscribe to WSJ:

Stock News for Exxon Mobil (XOM)
10/25/201618:19:00General Motors Brings IBM Watson Into its Vehicles
10/24/201609:00:00ExxonMobil to Release Third Quarter 2016 Financial Results
10/19/201611:28:31Statement of Changes in Beneficial Ownership (4)
10/19/201609:00:00ExxonMobil and Windmöller & Hölscher Showcase New Exceed XP P...
10/19/201607:00:00Saudi Energy Minister Sees End of Oil-Price Slump
10/17/201619:21:00Oil Search Revenue Lifted On-Quarter by Higher LNG Prices
10/17/201611:57:00ExxonMobil Expands New Exceed XP Performance Polymers Portfolio
10/17/201609:41:00ExxonMobil Expands New Exceed XP Performance Polymers Porfolio
10/17/201609:39:00ExxonMobil Introduces New Exceed XP Performance Polymers Grades...
10/17/201609:31:00ExxonMobil Introduces New Exceed XP Performance Polymers Grades...
10/10/201606:00:00InterOil Provides Update on ExxonMobil Transaction
10/05/201614:00:00NBA and ExxonMobil Announce New Multiyear Partnership in U.S...
10/05/201613:20:00BHP to Expand Oil, Gas Efforts
10/04/201618:50:00Explorer Claims Major Oil Find in North Alaska
10/04/201611:02:00Exxon's Joliet Refinery Begins Seasonal Tune-Up
09/30/201616:05:00ExxonMobil Announces Retirement of Jack Balagia and Expected...
09/30/201615:46:34Statement of Changes in Beneficial Ownership (4)
09/21/201619:18:00Oil Sector, Investors React to SEC Probe of Exxon -- Update
09/21/201618:34:00Oil Sector, Investors React to SEC Probe of Exxon Over Climate...
09/21/201613:05:00InterOil Shareholders Overwhelmingly Approve ExxonMobil Transaction

Exxon Mobil and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations