New Zealand Herald logo New Zealand Herald 2 weeks ago

Berkshire triples Q3 profit

OMAHA - Warren Buffett's company says its third-quarter profit tripled as the improving economy and stock market boosted the value of Berkshire Hathaway's derivative contracts. Full Article at New Zealand Herald

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  1. Berkshire Hathaway (NYSE: BRK.A, BRK. B) said Friday that its third-quarter profit tripled as the improving economy and stock market boosted the value of the company's derivative contracts, according to Associated Press. Full Article at TransWorldNews

  2. " Berkshire Hathaway Inc. said “the credit crisis has abated,” bolstering the firm’s earnings potential after Chief Executive Officer Warren Buffett agreed to pay $26 billion and take on debt to fund his biggest takeover." Full Article at Mortgage Lender Implode-o-meter

  3. OMAHA, Neb. - Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating businesses struggled. Full Article at Canoe

  4. OMAHA, Neb. Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating businesses struggled. Full Article at San Diego Union-Tribune

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  1. Microsoft Corp. Chairman Bill Gates, left, listens as Berkshire Hathaway CEO Warren Buffett speaks during a taping of a CNBC television special at Columbia University in New York on Thursday, Nov. 12, 2009.
  2. OAKLAND, CA - NOVEMBER 03:  A Burlington Northern Santa Fe train sits idle at the Port of Oakland November 3, 2009 in Oakland, California.
  3. Microsoft Corporation founder Bill Gates listens to a question as he appears with investor Warren Buffett for a town hall style meeting with business students broadcast by the financial television network CNBC at Columbia University in New York November 12, 2009.
  4. OAKLAND, CA - NOVEMBER 03:  A Burlington Northern Santa Fe train sits idle at the Port of Oakland November 3, 2009 in Oakland, California.
  5. LONG BEACH, CA - OCTOBER 22:  (L-R) California Governor Arnold Schwarzenegger, moderator Chris Matthews and businessman Warren Buffett speaks at the 2008 Women's Conference at the Long Beach Convention Center on October 22, 2008 in Long Beach, California.
  6. SAN FRANCISCO - DECEMBER 11:  Billionaire investor Warren Buffett talks as Democratic presidential hopeful Hillary Clinton listens onstage at a fund-raising event December 11, 2007 in San Francisco, California.

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