Berkshire Hathaway shareholders walk by a video screen at the company's annual meeting in Omaha May 4, 2013. REUTERS/Rick Wilking/File PhotoThough its businesses fared better overall, Berkshire signaled caution about valuations, as its cash stake swelled to a record $157.2 billion in the third quarter, when it sold $5.3 billion more stocks than it bought.
Results included $23.5 billion of losses from investments, primarily reflecting a 12% decline in the stock price of Apple, in which Berkshire had owned a $177.6 billion stake. Operating profit rose 41% to $10.76 billion, or $7,444 per Class A share, from $7.65 billion a year earlier. Berkshire also benefited from a relatively quiet Atlantic hurricane season, which reduced catastrophe losses, unlike in 2022 when it lost $2.7 billion from Hurricane Ian.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Berkshire Hathaway Inc. Cl B stock rises Thursday, still underperforms marketSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »
Berkshire Hathaway Inc. Cl B stock rises Friday, still underperforms marketSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »
Buffett's Berkshire posts loss as stocks fall, operating profit risesBuffett's Berkshire posts loss as stocks fall, operating profit rises
Fuente: Investingcom - 🏆 450. / 53 Leer más »
The Warren Buffett of the Bond Market Has a Warning for InvestorsDan Fuss, the 90-year-old bond market veteran, is concerned about global turmoil and climate change. What it means for your next moves.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »