Berkshire says profit up 64% in 3rd quarter
From Times Staff and Wire Reports
Berkshire Hathaway Inc. reported a 64% jump in third-quarter profit on strong investment gains.
Berkshire, led by billionaire Warren Buffett, said it earned $4.55 billion, or $2,942 a share, up from $2.77 billion, or $1,797.
Berkshire reported $29.94 billion in revenue, up 18%.
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