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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 Hathaway offers to buy Rescap unit

Business & Finance : Business Report (3 years ago)

Warren Buffett's Berkshire Hathaway Inc. is offering to buy the mortgage division and loan portfolio of Residential Capital LLC, which filed for bankruptcy protection in May. ||| Warren Buffett's Berkshire Hathaway Inc. is offering ... Read Post

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 (10 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


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