Balanced News: Warren Buffett says Berkshire Hathaway won’t take full control of Occidental Petroleum

Warren Buffett’s Berkshire Hathaway conglomerate does not plan on taking full control of oil company Occidental Petroleum. The company has amassed a stake north of 20% and has warrants to buy another 83.9 million common shares at $59.62 each. The stock was the best-performing name in the S&P 500 last year.