Published 1 year ago

Warren Buffett’s firm reports USD 2.7 billion loss on investment drop in third quarter

Summary by Ground News

Berkshire Hathaway reported a quarterly loss Saturday of USD 2.7 billion, or USD 1,832 per Class A share. That’s down from a USD 10.3 billion profit a year ago when the stock market was soaring. In the second quarter of this year, Berkshire reported a USD 44 billion loss. Berkshire owns a number of businesses linked to the housing market.

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Times of India

Warren Buffett's firm reports $2.7 billion loss on investment drop

Berkshire Hathaway reported a quarterly loss Saturday of $2.7 billion, or $1,832 per Class A share. That's down from a $10.3 billion profit, or $6,882 per Class A share, a year ago when the stock market was soaring. In the second quarter of this year, Berkshire reported a $44 billion loss.

1 year ago·India

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Associated Press News

Warren Buffett's firm reports $2.7B loss on investment drop

OMAHA, Neb. (AP) — Warren Buffett's company again reported a loss — this time only $2.7 billion — because of a drop in the paper value of its investment portfolio in the third quarter, but most of its operating businesses performed well with the notable exception of Geico.

1 year ago·United States

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abc News

Warren Buffett's firm reports $2.7B loss on investment drop

Warren Buffett's company reported a $2.7 billion loss Saturday as the paper value of its investment portfolio fell during the third quarter, but most of its operating businesses performed well with the notable exception of Geico

1 year ago·United States

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Washington Times

Warren Buffett’s firm reports $2.7B loss on investment drop

Warren Buffett's company again reported a loss - this time only $2.7 billion - because of a drop in the paper value of its investment portfolio in the third quarter, but most of its operating businesses performed well with the notable exception of Geico.

1 year ago·United States

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The Epoch Times

Warren Buffett's Firm Reports $2.7 Billion Loss on Investment Drop

OMAHA, Neb.—Warren Buffett’s company again reported a loss — this time only $2.7 billion — because of a drop in the paper value of its investment portfolio in the third quarter, but most of its operating businesses performed well with the notable exception of Geico. Berkshire Hathaway reported a quarterly loss Saturday of $2.7 billion, or $1,832 per Class A share. That’s down from a $10.3 billion profit, or $6,882 per Class A share, a year ago w…

1 year ago·New York, United States

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Star Advertiser

Warren Buffett’s firm reports $2.7B loss on investment drop

OMAHA, Neb. >> Warren Buffett’s company again reported a loss — this time only $2.7 billion — because of a drop in the paper value of its investment portfolio in the third quarter, but most of its operating businesses performed well with the notable exception of Geico.

1 year ago·Honolulu, United States

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