Buffett's Berkshire Hathaway sells Intel stake and increases bank holdings

SAN FRANCISCO (MarketWatch)
Warren Buffett's Berkshire Hathaway Inc. disclosed late Tuesday that it sold all shares of Intel Corp. and bought into Phillips 66  and National Oilwell Varco Inc. in the second quarter
It added to existing stakes in Wells Fargo & Co. and Bank of New York Mellon Corp. significantly while unwinding some shares of U.S. Bancorp
Berkshire also reported lower stakes in Johnson & Johnson , Procter & Gamble Co. and Kraft Foods