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Berkshire Hathaway could boost earnings after Occidental accounting change

Summary by Ground News
Berkshire Hathaway Inc (BRKa.N) plans to report its share of the Houston-based company's results with its own, with a one-quarter lag. Berkshire said it adopted the equity method of accounting for its 20.9% stake in Occidental, which is worth more than $14 billion.

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  • 67% of the sources lean Right
67% Right
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Financial Post broke the news in Canada on Saturday, November 5, 2022.
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