Warren Buffett’s Berkshire Hathaway Inc. named COO of Comcast Corp, Stephen Burke, to its board of directors.
Burke is also the president of Comcast Cable Communications.
Buffett’s company owns a 12 million-share stake in Comcast—amounting to less than half a percent.
Class A Shares of Comcast slid a penny to $17.36 in morning trading.
Berkshire's Class B shares fell $2.37 to $3,296.58.
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
Sign up for a free one-year subscription to EQUITIES Magazine
