{"id":79095,"date":"2021-08-17T02:11:30","date_gmt":"2021-08-17T06:11:30","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=79095"},"modified":"2021-08-17T02:01:16","modified_gmt":"2021-08-17T06:01:16","slug":"buffetts-berkshire-pares-drug-holdings-sheds-axalta-biogen","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2021\/buffetts-berkshire-pares-drug-holdings-sheds-axalta-biogen.html","title":{"rendered":"Buffett&#8217;s Berkshire pares drug holdings, sheds Axalta, Biogen"},"content":{"rendered":"\n<p>(Reuters) In the second quarter, Berkshire said it exited a $180 million stake in Biogen Inc and reduced investments in Abbvie Inc, Bristol-Myers Squibb Co and Merck. It also shed a $411 million stake in paint maker Axalta Coating Systems Ltd, a Berkshire holding since 2015.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/article\/investment-funds-berkshire\/update-1-buffetts-berkshire-pares-drug-holdings-sheds-axalta-biogen-idUSL1N2PN2CT\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) In the second quarter, Berkshire said it exited a $180 million stake in Biogen Inc and reduced investments in Abbvie Inc, Bristol-Myers Squibb Co and Merck. It also shed a $411 million stake in paint maker Axalta Coating Systems [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79095","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=79095"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79095\/revisions"}],"predecessor-version":[{"id":79096,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79095\/revisions\/79096"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=79095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=79095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=79095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}