Warren Buffett's Berkshire Hathaway Inc on Saturday swung to a big quarterl...
OMAHA, Neb. - Warren Buffett’s Berkshire Hathaway Inc on Saturday swung to a big quarterly profit, bolstered by gains in its stock investments, and also posted a small increase in operating earnings.
The $21.66 billion overall profit, or $13,209 per Class A share, compared with a year-earlier net loss of $1.14 billion, or $692 per share, and a fourth-quarter net loss of $25.39 billion. Operating profit, which Buffett considers a better performance measure, rose 5 percent to $5.56 billion, or about $3,388 per Class A share, from $5.29 billion, or $3,215 per share, a year earlier.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Warren Buffett explains why he thinks going to college isn't for everybodyBerkshire Hathaway CEO Warren Buffet, the third richest person in the world, said in a new interview that college and business school aren’t necessary for professional success.
Read more »
Warren Buffett on making mistakes: 'That makes it interesting''If you played golf and you hit a hole in one on every hole, nobody would play golf, it's no fun,' Berkshire Hathaway chairman Warren Buffet told the Financial Times.
Read more »
Warren Buffett heads into Berkshire's big weekend with stock underperforming over long termBerkshire Hathaway investors eager for better performance are expected to question Warren Buffett at the annual meeting on May 4.
Read more »
Berkshire has bought Amazon stock, but Warren Buffett says it wasn’t him“One of the fellows in the office .. bought some Amazon,' Warren Buffett says, ahead of Berkshire Hathaway's annual meeting this weekend.
Read more »
Berkshire Hathaway has been buying shares of Amazon, Warren Buffett saysBerkshire Hathaway has been buying shares of Amazon. But Warren Buffett isn't the one behind the purchases.
Read more »
Berkshire investment in Occidental is unusual for the normally 'friendly' BuffettBerkshire Hathaway's proposed investment in Occidental is basically funding what some see as a hostile takeover bid.
Read more »
Berkshire shareholders seek Warren Buffett's wisdom at annual meetingTens of thousands of shareholders of Berkshire Hathaway Inc will gather in Omaha...
Read more »
5 things Berkshire Hathaway shareholders want to know from Warren Buffett at the annual meetingThis guide breaks down these issues to help better navigate the hoopla surrounding this year's 'Woodstock for Capitalists.'
Read more »
Buffett's Berkshire Hathaway to invest $10 billion in Occidental Petroleum for Anadarko takeoverWarren Buffett is getting involved in a rare bidding war unfolding in the energy industry.
Read more »
When Warren Buffett Takes the Stage, Try Your Hand at Berkshire BingoOptimism about America. Criticism of hedge funds. Disparagement of vegetables. Play along as the Berkshire Hathaway chairman hits on his favorite topics at his company’s annual meeting.
Read more »