Buffett's Berkshire Hathaway raises stake in Bank of America

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Buffett's Berkshire Hathaway raises stake in Bank of America

Warren Buffett's Berkshire Hathaway has raised its stake in Bank of America Corp , the company said in a regulatory filing on Thursday.

Investors book profits from U.S.-based equity funds ahead of Fed meeting

U.S.-based equity funds posted more than $8.4 billion of cash withdrawals in the week ended Wednesday, following two weeks of inflows, according to Refinitiv's Lipper.

ISS backs Icahn's call for more shareholder say after Anadarko deal

Proxy advisory firm Institutional Shareholder Services on Thursday urged Occidental Petroleum Corp shareholders to ask management to let them weigh in on board and governance issues as the company buys rival Anadarko Petroleum Corp..

Your Money: Make a paycheck checkup easier, despite the IRS

(This June 26 story corrects the penalty rules to 100% of last year's tax from 90% in paragraph 20)

Investors pull $1.5 billion from India equities so far in July: IIF

Non-residents have pulled about $1.5 billion from Indian equities so far in July, reversing a strong trend of inflows in previous months, data from the Institute of International Finance showed on Wednesday.

Wells Fargo hires Comerica's Julia Wellborn to lead private bank

Wells Fargo & Co said on Wednesday Julia Wellborn will become the head of Private Wealth Management, ending a months-long search for a leader following the retirement of Jay Welker last year.

Saving the world is on Sue Desmond-Hellmann's to-do list

(This version of the July 10th story corrects Desmond-Hellmann's title to chief executive from president in second paragraph)

Investors wade into U.S. stock funds as S&P 500 touches records

Investors edged into the U.S. stock market last week, as the benchmark S&P 500 index hovered near record highs, by adding $1.1 billion into mutual funds and exchange-traded funds that hold domestic stocks, according to data released Wednesday by the Investment Company Institute.

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