Monday, August 31, 2009

Buffett Buys More BYD Stock

Warren Buffett wants to up his stake in Chinese electric car and battery maker BYD.

BYD's chairman made the announcement today, sending the shares in his company up 8%.

MidAmerican Energy Holdings, a unit of Buffett's Berkshire Hathaway, bought 10 percent of BYD for $230 million a share last...

Visit Clean Skies for the full story.

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