buffett

Buffett’s Berkshire Posts Record Cash as Operating Earnings Rise | International Business News

by
Buffett’s Berkshire Posts Record Cash as Operating Earnings Rise | International Business News

Warren Buffett’s Berkshire Hathaway Inc. posted an increase in operating earnings as higher interest rates and fewer catastrophes benefited the conglomerate’s insurance business.The firm reported fourth-quarter operating earnings of $8.48 billion, versus $6.63 billion for same period a year earlier. The results were helped by a jump in insurance underwriting earnings and investment income amid … Read more

Berkshire: Buffett’s Berkshire posts record profit, quarterly results also rise

by
Berkshire: Buffett’s Berkshire posts record profit, quarterly results also rise

Warren Buffett’s Berkshire Hathaway Inc on Saturday posted its second straight record annual profit, bolstered by gains from its common stock investments and as rising interest rates helped its insurance businesses generate more income. Fourth-quarter operating profit rose 28% to $8.48 billion, or about $5,884 per Class A share, from $6.63 billion a year earlier. … Read more

Buffett: Warren Buffett’s firm reports $12.8 billion loss as investments fall but its insurers performed well

by
Buffett: Warren Buffett’s firm reports .8 billion loss as investments fall but its insurers performed well

OMAHA: Warren Buffett’s company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns – particularly the insurers – generally performed well.Berkshire Hathaway said Saturday that it lost $12.8 billion, or $8,824 per Class A share, in the quarter. That’s significantly … Read more