• Berkshire Says It Bought Back Nearly $1 Billion of Its Own Stock

    9 days ago - By NY Times

    The conglomerate run by Warren Buffett reported strong third-quarter earnings as its insurance business dodged hurricanes and it benefited from lower taxes.
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  • Buffett's Berkshire doubles profit, repurchases $900 million stock in third quarter

    9 days ago - By Reuters

    Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit nearly doubled as its insurance business dodged hurricanes and benefited from lower taxes.
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  • Buffett's firm quadruples 3Q profit on investment gains

    9 days ago - By Chron

    OMAHA, Neb. - Warren Buffett's company more than quadrupled its third-quarter profits because of a huge paper gain in the value of its investments, although its insurance and railroad businesses also improved.
    Berkshire Hathaway Inc. said Saturday that it earned $18.54 billion, or $7.52 per Class B share. That's up from last year's $2.47 billion, or $1.65 per B share, when insurance losses from several hurricanes hurt results.
    Buffett says Berkshire's operating earnings offer a better view of quarterly performance because they exclude investments and derivatives, which can vary widely.
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  • Berkshire Hathaway operating profit nearly doubled in third quarter

    9 days ago - By Reuters

    Berkshire Hathaway Inc on Saturday reported that its quarterly operating profit nearly doubled, with the business helped by lower taxes and stronger insurance results.
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