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Berkshire Hathaway said its net profit was $3.2bn (£1.9bn) in the three months to September, compared to $1.1bn in the same period last year. Full Article at Huffington Post
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Billionaire Warren Buffett's investment firm has reported that profits almost tripled in the third quarter. Berkshire Hathaway said its net profit was $3.2bn (£1.9bn) in the three months to September, compared to $1.1bn in the same period last year. Full Article at BBC News
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WASHINGTON Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery. Full Article at The Honolulu Advertiser
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Pacific Trust Bank of Chula Vista and its parent, PacTrust Bancorp, swung to a profit in the third quarter, thanks to an increase in loans and a declining cost of funds. Full Article at San Diego Union-Tribune
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SAN FRANCISCO (MarketWatch) -- Berkshire Hathaway Inc. said late Friday that quarterly net income more than doubled as the insurance-focused conglomerate run by Warren Buffett benefited from a rebound in the value of its large equity investments and... Full Article at MarketWatch
