Saturday that its operating profits fell during the fourth quarter amid inflationary pressures. Berkshire's operating earnings totaled $6.7 billion last quarter, down 7.9% from a year ago. The Omaha-based company used $2.855 billion to buy back shares in the quarter.
— The health care company fell 1.5% after reporting fourth-quarter results. Adjusted net income for the period came in at $823 million, below a StreetAccount forecast of $850.4 million. Viatris also said former Celgene COO Scott Smith would take over as CEO, effective April 1.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »