GM stake

Saudi Prince Alwaleed Bin Talal bought $500 million, or 1 percent, of GM shares through the automaker’s Nov. 17 IPO, which raised more than $20 billion. Trea sury received $11.7 bil lion from the IPO.

Oracle win

SAP must pay Oracle $1.3 billion in damages for software theft, a federal jury decided yesterday.

GDP revised

The Commerce De partment yesterday re vised its estimate of third-quarter gross do mestic product growth to a 2.5 percent annual rate from 2 percent.

Munger sale

Berkshire Hathaway Vice Chairman Charles Munger, 86, disposed of almost $750 million of the company’s stock fol lowing the death of his wife Nancy earlier this year, according to a reg ulatory filing.

Home sales

The National Associa tion of Realtors said sales of previously owned homes dipped 2.2 percent last month to a seasonally adjusted annual rate of 4.43 mil lion units.