Buffett stake

Warren Buffett’s Berk shire Hathaway slashed its stake in Johnson & Johnson by about 26 per cent to 27.1 million shares in the three months ended Dec. 31, according to a regulatory filing. Its holding in Procter & Gamble fell about 9 percent to 87.5 million.

Burkle out

Investor Ron Burkle will leave Yahoo!’s board after the upcom ing annual stockhold ers’ meeting to devote more time to his other business interests.

Citi pretty

Hedge funds turned bullish on Citigroup last quarter, with firms run by John Paulson, Eric Mindich and George Soros purchasing mil lions of shares and at least 100 saying they bought stock in the bank.

AnnTaylor

The SEC is investigat ing whether traders tapped confidential in formation on AnnTay lor Stores before the re tailer boosted its sales forecast. The SEC has identified people who bet on AnnTaylor stock before the company’s Feb. 2 announcement sent the shares up 18 percent, a source said. The agency hasn’t ac cused anyone of wrong doing.