Buffett's Berkshire Cuts Stake in BofA to Below 10%

WARREN BUFFETT - NEW YORK. Billionaire Warren Buffett's Berkshire Hathaway unloaded more Bank of America stock this week that takes its stake in the U.S. banking giant below 10%.

Berkshire sold 9.5 million shares worth $382.4 million for this week, according to a regulatory filing on Thursday.