Check out the companies making headlines in midday trading. Bank of America — The bank stock slid 2% after a regulatory filing revealed Warren Buffett's Berkshire Hathaway is not done downsizing its stake. The conglomerate sold 13.9 million more shares of the bank for $550.7 million over the past three trading days, bringing its stake to 11.9%. Berkshire had a 12-day selling streak starting mid-July. XPeng — The U.S.
Boeing grounded its 777X test fleet after discovering key structure damage. Paramount Global — Shares slipped nearly 2% following reports that media executive Edgar Bronfman Jr. made a rival bid to acquire National Amusements, the company that has a controlling stake in Paramount Global. Skydance Media and its partners reached a deal to buy Paramount last month, which included a 45-day "go-shop period.
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