Buffett's Berkshire posts loss as stocks fall, operating profit rises

- Warren Buffett's Berkshire Hathaway Inc on Saturday posted its first overall quarterly loss in a year as the prices of stocks it owns fell, while improved results from insurance operations bolstered operating profit.

Operating profit rose 41% to $10.76 billion, or $7,444 per Class A share, from $7.65 billion a year earlier. Here is a strategy to earn high-yield tax-free passive income while reducing risk. The post Passive Income: How to Earn an Average of $475 Per Month the CRA Won’t Touch appeared first on The Motley Fool Canada.Canadian utility stocks like Fortis Inc have been proven dividend achievers. The post Dividend Investors: Top Canadian Utility Stocks for November 2023 appeared first on The Motley Fool Canada.Should You Buy AQN Stock for its 8.

Apple Services Revenue Hits $22.3 Billion, a New Record, as Tech Giant Beats Wall Street Expectations on Strong iPhone Sales

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buffett's Berkshire posts loss as stocks fall, operating profit risesBerkshire said its third-quarter net loss was $12.77 billion, or $8,824 per Class A share, and compared with a $2.8 billion loss a year earlier. Operating...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Buffett's Berkshire posts loss as stocks fall, operating profit risesExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »