Berkshire Hathaway sees profit jump

Warren Buffett’s Berkshire Hathaway posted third-quarter earnings of $2,876 per share, topping estimates for $2,594 per share, on Friday. The company said operating earnings rose to $4.72 billion, up 29 percent from a year ago, while net income fell nearly 9 percent in the same period, to…

Berskshire profit slips 3.8%

Berkshire Hathway Inc. has said that their first quarter profit has dropped 3.8% on reduced earnings from the Chairman Warren Bufffett’s derivatives wagers and the under performing of the insurance business.
The net income of the company has dropped down to $4.71 billion or $2,862 per…