Thursday, September 3, 2009

Payback!

Berkshire Hathaway, Inc. Cuts Moody's Corporation's Stake To 16.98%-Reuters
Thursday, 23 Jul 2009 10:15am EDT 
Reuters reported that Berkshire Hathaway Inc lowered its stake in Moody's Corporation. Berkshire sold 7.99 million shares of the parent of Moody's Investors Service for $217.6 million, or an average $27.25 per share, on the open market this week, according to a U.S. regulatory filing late Wednesday.
Moody's Downgrades Berkshire Hathaway, Inc.'s AAA Credit Rating-AP
Thursday, 9 Apr 2009 02:50am EDT 

The Associated Press reported that Moody's Investors Service lowered Berkshire Hathaway, Inc.'s rating to Aa2 from Aaa. 



No comments: