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Stock impact report

Berkshire Hathaway's new CEO just made a move Buffett never did [Yahoo! Finance]

Berkshire Hathaway Inc. New (BRK.B) 
Last berkshire hathaway inc. new earnings: 11/2 07:00 am Check Earnings Report
US:NYSE Investor Relations: berkshirehathaway.com
Company Research Source: Yahoo! Finance
company stock, and put $1.8 billion into a Japanese insurance giant, and those moves got attention. His latest decision goes somewhere Warren Buffett never went. Berkshire has joined a U.S. government-backed insurance syndicate covering ships transiting the Strait of Hormuz, the most dangerous shipping corridor in the world right now. Roughly 20% of global crude oil moves through that waterway, and an effective Iranian blockade has kept most commercial traffic away, the U.S. Energy Information Administration indicated in its April Short-Term Energy Outlook. The U.S. International Development Finance Corporation announced on April 3 that it is doubling its reinsurance commitment to $40 billion, adding Berkshire Hathaway, AIG , Travelers, Liberty Mutual, Starr, and CNA alongside lead underwriter Chubb. For Berkshire shareholders and anyone watching energy markets, the move signals a new era of risk-taking under Abel. It raises a question investors should consider carefully: Is t Show less Read more
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