Berkshire Hathaway almost doubled its operating profit in the third quarter

American company Berkshire Hathaway, which is owned by billionaire Warren Buffet, reported that in the third quarter, its operating profit increased almost 2-fold in annual terms to 6 billion 880 million dollars. The indicator surpassed analysts' forecasts, who had expected it at the level of 6 billion 110 million dollars. Net profit for the quarter rose sharply and amounted to 18.5 billion dollars. During the earnings period, the volume of own shares repurchased by the company amounted to 928 million dollars. Cash reserves increased to 103 billion 600 million dollars.

06.11.2018
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Oil prices drop after recovering from surprise dip in U.S. inventories

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24.10.2019
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