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aws试用账号( Buffett's Berkshire cuts stakes in US drugmakers, invests in drug royalty company



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Warren buffett arms open

NEW YORK: Warren Buffett's (pic) Berkshire Hathaway Inc said on Monday it eliminated its investment in Merck & Co and reduced its stakes in Abbvie Inc and Bristol-Myers Squibb Co, as it pared its overall stock market investments.

The changes were disclosed in a regulatory filing detailing Berkshire's U.S.-listed holdings as of Sept. 30.

Berkshire also disclosed new investments in Royalty Pharma Plc, which buys pharmaceutical royalties, and flooring retailer Floor & Decor Holdings Inc.- Reuters



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