CoreComm Internet

Features

Make this your home page

Berkshire Hathaway's profits plunge 64% even as thousands gather to soak up Buffett's wisdom

OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway reported a steep drop in earnings Saturday as the paper value of its investments plummeted and it pared its Apple holdings. Nevertheless, tens of thousands of shareholders looked forward to hearing from Buffett directly, buoyed by a jump in performance of the many companies Berkshire operates directly. Berkshire reported a $12. 7 billion profit, or $8. 825 per Class A share, in first the quarter, down 64% from $35. 5 billion, or $24,377...

Read More
 

----------
Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

CoreComm is not responsible for content on external sites. Please review the privacy and security policies of each vendor before making online purchases or providing personal information. Forecast Information Provided by AccuWeather.