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…
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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…
Berkshire Hathaway post first quarter earnings
Berkshire Hathaway, the investing firm that is chaired by billionaire Warren Buffett, have posted their earnings for the first quarter of 2014 and the reports state that the company has seen a drop in their earnings.
The company announced their net earnings for the first quarter and has reported…