as cumulative U.S. infections approached 4 million with more than 143,000 fatalities. Global cases totaled 15.2 million with deaths approaching 624,000, as of this morning. New worldwide cases Wednesday surged to a record-breaking 279,700. Warren Buffett's Berkshire Hathaway raised its stake in Bank of America to 11.3% from 10.9%, according to an SEC filing. The new shares were purchased this week for an average price of $23.99 per share.
Homebuilder PulteGroup beat estimates by 28 cents a share, with quarterly earnings of $1.15 per share. Revenue topped estimates as well, helped by low mortgage rates and a shortage of existing home inventories. Unilever saw sales drop less than expected during the second quarter, thanks to a strong performance in the consumer product company's North American market. Sales fell just 0.3%, less than the 4.3% decline that analysts had predicted, although it was the first decline in quarterly sales for Unilever since 2004.
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