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Berkshire Hathaway posts quarterly loss as stock holdings fall

Summary by Ground News
Berkshire Hathaway Inc (BRKa.N) on Saturday posted a third-quarter loss, as the conglomerate run by billionaire Warren Buffett said it lost money on its stock investments and from insurance underwriting.

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Berkshire Hathaway posts quarterly loss as stock holdings fall

Operating profit rose 20% to $7.76 billion from $6.47 billion in 2021

·Dubai, United Arab Emirates
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Investor's Business DailyInvestor's Business Daily
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Warren Buffett Was Net Buyer Of Stocks In Volatile Q3

Berkshire earnings rose 20% on an operating basis, but suffered a Q3 net loss amid the bear market. Warren Buffett kept buybacks light.

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Berkshire Hathaway posts quarterly loss as stock holdings fall

(Reuters) - Berkshire Hathaway Inc on Saturday posted a third-quarter loss, as the conglomerate run by billionaire Warren Buffett said it lost money on ...

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Berkshire Hathaway posts quarterly loss as stock holdings fall By Reuters

Berkshire Hathaway posts quarterly loss as stock holdings fall

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Berkshire Hathaway posts quarterly loss as stock holdings fall

– Berkshire Hathaway Inc on Saturday

·France
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Berkshire Hathaway's operating earnings jump 20%, conglomerate buys back another $1 billion in stock

Berkshire Hathaway posted a solid gain in operating profits during the third quarter despite rising recession fears.

·United States
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NBC LA broke the news in Los Angeles, United States on Saturday, November 5, 2022.
Sources are mostly out of (0)

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