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 [email protected] Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Exxon Mobil (XOM)
DateTimeHeadline
01/22/201712:52:00McCain, Graham Say They Will Back Tillerson's Nomination for...
01/20/201716:35:00NOTICE TO EXXON MOBIL CURRENT AND FORMER EMPLOYEES: ERISA Lead...
01/19/201718:22:00Santos 4Q Revenue Lifted by Rise in Sales Volumes
01/19/201712:14:00MARKET SNAPSHOT: Dow Under Pressure For Fifth Straight Session
01/19/201712:00:00MARKET SNAPSHOT: Dow Under Pressure For Fifth Straight Session
01/19/201711:35:00MARKET SNAPSHOT: Dow Under Pressure For Fifth Straight Session
01/19/201711:34:00MARKET SNAPSHOT: Dow On Track For Fifth Drop; Treasury Secretary...
01/19/201710:16:00MARKET SNAPSHOT: Dow Struggles To End 4-session Skid On Upbeat...
01/19/201707:11:00Sabic Profit Lifted by Falling Costs -- Update
01/18/201709:00:00Synthetic Genomics and ExxonMobil Renew Algae Biofuels Research...
01/18/201703:03:00Exxon Joins Land Rush In Red-Hot Southwest -- WSJ
01/17/201717:52:00Exxon Mobil Expands Permian Basin Footprint -- 2nd Update
01/17/201716:38:36Current Report Filing (8-k)
01/17/201711:40:00Exxon Mobil Expands Permian Basin Footprint -- Update
01/17/201710:17:00Exxon Mobil to Buy Permian Basin Land From Bass Family for More...
01/17/201709:00:00ExxonMobil to Acquire Companies Doubling Permian Basin Resource...
01/16/201709:00:00InterOil Files Management Information Circular for Proposed Transaction...
01/13/201718:49:00Marco Rubio's Vote Is Key for Secretary of State Nominee
01/13/201717:44:00Zamansky LLC Appointed Lead Counsel in ERISA Lawsuit for all...
01/13/201704:56:00PetroVietnam, Exxon Mobil Sign Agreement to Continue Joint Gas...

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

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US