Big tobacco, big oil and Buffett join Fed's portfolio
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WASHINGTON (Reuters) - The U.S. Federal Reserve bought $428 million (347 million pounds) in bonds of individual companies through mid-June, making investments in familiar household names like Walmart and AT&T as well in major oil firms, tobacco giant Philip Morris International Inc, and a utility subsidiary of billionaire Warren Buffett's Berkshire Hathaway holding company.The transactions disclosed Sunday are the first individual company bond purchases made by the Fed under new programs set up..