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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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