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Berkshire Hathaway's shares fall after $3.8 billion write-down, operating profit weakness
(Reuters) -Class A shares of Warren Buffett's Berkshire Hathaway fell more than 3% in afternoon trading on Monday, as investors fretted over a $3.8 billion write-down and a dip in quarterly operating profit that the firm disclosed on Saturday.
Berkshire Hathaway shares tumble as Warren Buffett prepares to step down
Buffett, who oversees the company’s share repurchase programme, stopped buying back Berkshire shares in May 2024. He repurchases stock when he “believes that the repurchase price is below Berkshire’s intrinsic value”, according to company filings.
Warren Buffett's Berkshire Hathaway said first-half revenues fell 39% at Squishmallows' parent company and 12% at Fruit of ...
B erkshire Hathaway bought about $106 million of stock in Sirius XM Holdings and sold around $230 million of DaVita shares in ...
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Warren Buffett’s Berkshire Hathaway Now Makes $816M Per Year From Coca-Cola Dividends — On An Investment of $1.3BWarren Buffett’s investment powerhouse, Berkshire Hathaway (BRK.A) (BRK.B), continues to reap significant rewards from its ...
While Berkshire’s quarterly operating earnings were down year-over-year, there were several pleasant surprises. Warren ...
Berkshire Hathaway (BRK.A) (BRK.B) might have continued trimming its Bank of America (BAC) stake in Q2, with its latest ...
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When you think of stock market success, it's hard not to think about Warren Buffett. Buffett, known as the Oracle of Omaha, ...
Berkshire scoops up roughly 5 million SIRI shares on post-earnings decline. Here's why Warren Buffett remains positive on ...
Berkshire was a net seller of stocks for the 11th straight quarter, offloading $6.92 billion during the second quarter and ...
Berkshire Hathaway faces post-retirement uncertainty as stock trends down. Strong business operations persist, but capital ...
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