Berkshire’s operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to $381 billion

Warren Buffett’s Berkshire Hathaway reported a sharp rebound in operating profit on Saturday, while its cash pile swelled to a new high with no buybacks. Berkshire’s operating profit generated from the conglomerate’s wholly owned businesses including insurance and railroads jumped 34% year over year to $13.485 billion in the third quarter. The gains were driven …

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Berkshire Hathaway Q4 operating earnings climb 28%, cash pile tops $167B… Warren Buffett admits Berkshire’s days of ‘eye-popping’ gains are over

Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A) Q4 operating earnings rose 28% from a year ago, driven by improvements in insurance underwriting and investment income, which more than offset declines at its railroad, utilities and energy, and other businesses. The company doubled the amount of its common stock it repurchased to $2.2B during the quarter compared with $1.1B …

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