Warren Buffett’s Berkshire Hathaway Enjoys 51% Rise In Profits
” Berkshire Hathaway, the investment firm led by Warren Buffett, has posted a 51pc rise in profits thanks to the performance of its insurance companies and the rising value of the businesses it owns stakes in.
Berkshire said net income rose to $4.89bn (£3.14bn) in the first quarter of its financial year on the back of revenues growing 15pc to $43.9bn.
The conglomerate controls almost 100 companies across insurance, utilities, clothing and consumer goods, but also holds stakes in some of the world’s biggest businesses, including Coca-Cola, Wells Fargo, and Tesco, which is Berkshire’s biggest holding outside the US.”
Related articles
- Berkshire Hathaway’s earnings jump 51 percent (seattlepi.com)
- Warren Buffett Signs Up To Twitter (4umf.com)
- 3 Burning Questions Warren Buffett Must Answer (fool.com)
- Berkshire Hathaway’s earnings jump 51 percent (stocktipsinvestment.blogspot.com)
- Berkshire Profit Climbs 51% on Insurance, Derivatives (bloomberg.com)
- Warren Buffett says economy still improving slowly (miamiherald.com)
—













told FoxNews.com. “So when two guys, one with a mask, came to get their hot dogs, I didn’t think anything of it because they had tickets and I was just there for a job.”




-11.26 (-2.1%) 

