Bank Stock Slides as Buffett Dumps More Shares

Shares of Bank of America Corp (NYSE:BAC) are in the spotlight today, after a regulatory filing revealed Warren Buffett's Berkshire Hathaway (BRK.A) decreased its stake further, after dumping millions of shares in July. Over the past few days, the multinational conglomerate sold 13.9 million shares for $550.7 million, putting its stake at 11.9$38.78, only eyeing its second daily loss in 10 trading sessions since bouncing off its Aug. 5 roughly four-month low. Year to ...