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Berkshire Hathaway’s profit doubles

Warren Buffett's company says its first-quarter profit more than doubled. ||| Warren Buffett's company says its first-quarter profit more than doubled because Berkshire Hathaway Inc.'s insurance units avoided major disaster losses and the paper value of its derivative contracts improved. Berkshire said Friday that it generated $3.245 billion net income, or $1,966 per Class A share.
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Berkshire Didn’t Double Its Stake in Verisk After All

Business & Finance : Deal Journal - WSJ.com (3 years ago)

Warren Buffett's Berkshire Hathaway on Tuesday updated its quarterly list of equity holdings to show that the company wasn't holding twice as many Class A shares of insurance services company Verisk Analytics as it had three months ... Read Post

Insurance units push up Berkshire’s profit

Business & Finance : Business Report (11 months ago)

Berkshire Hathaway’s fourth-quarter profit rose 9.6 percent on gains at insurance units, Warren Buffett’s company said at the weekend. ||| Noah Buhayar and Zachary Tracer New York Berkshire Hathaway’s fourth-quarter profit rose 9.6 ... Read Post

Berkshire's NetJets Defeats $500 Million IRS Tax Claim

Business & Finance : Business Insider: Clusterstock (11 hours ago)

By Jonathan Stempel NEW YORK (Reuters) - NetJets Inc, the private jet-sharing company owned by Warren Buffett's Berkshire Hathaway Inc, has defeated a U.S. Internal Revenue Service lawsuit attempting to recoup more than $500 million... Read Post


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