A U.S. judge has extended a freeze on a Swiss account linked to possible insider trading in H.J. Heinz Co call options just before the ketchup maker agreed to be bought by Warren Buffett's Berkshire Hathaway Inc and Brazilian investment firm 3G Capital.The U.S. Securities and Exchange Commission had last Friday won a temporary freeze of the account at Goldman Sachs & Co, one day after Berkshire and 3G announced a $23 billion takeover of Heinz.U.S. District Judge Jed Rakoff in Manhattan had ordered the temporary freeze, and at a hearing on Friday called the SEC request to extend the freeze "very well warranted."Rakoff had ordered the trader or traders behind the suspicious trades, who have not been publicly identified, to attend Friday's hearing, but unsurprisingly none showed up.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A traded higher by 0.76% or $1150.0/share to $151650.00. In the past year, the shares have traded as low as $117301.00 and as high as $153160.00. On average, 74100 shares of BRK-A exchange hands on a given day and today's volume is recorded at 288.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B traded higher by 0.72% or $0.7226/share to $100.89. In the past year, the shares have traded as low as $78.18 and as high as $101.49. On average, 4526400 shares of BRK-B exchange hands on a given day and today's volume is recorded at 1708285.
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