Sunday, February 18News That Matters

Warren Buffett buys a drugmaker and dumps IBM

From our friends at CNN Money:

Warren Buffett buys a drugmaker and dumps IBM Buffett, Bezos & Dimon try to tackle health care Buffett, Bezos & Dimon try to tackle health care

Warren Buffett is making another big bet on health care.

His company Berkshire Hathaway (BRKA) recently took a $358 million stake in Teva Pharmaceutical (TEVA), an Israeli company that makes generic drugs. It fills about one in six generic prescriptions in the United States.

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