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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.

3 Articles

ReutersReuters
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Berkshire Hathaway could boost earnings after Occidental accounting change

Warren Buffett's Berkshire Hathaway Inc could soon see a boost to its bottom line after changing its accounting for its big stake in Occidental Petroleum Corp .

·London, United Kingdom
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Berkshire Hathaway could boost earnings after Occidental accounting change

By Jonathan Stempel (Reuters) - Warren Buffett's Berkshire Hathaway Inc could soon see a boost to its bottom line after changing its accounting for its big stake in Occidental Petroleum Corp. In its quarterly report

·San Diego, United States
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Financial PostFinancial Post
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Berkshire Hathaway could boost earnings after Occidental accounting change

Warren Buffett's Berkshire Hathaway Inc could soon see a boost to its bottom line after changing its accounting for its big stake in Occidental Petroleum Corp.

·Toronto, Canada
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  • 67% of the sources lean Right
67% Right

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Financial Post broke the news in Toronto, Canada on Saturday, November 5, 2022.
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