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Berkshire Hathaway posts $12.7bn third-quarter operating profit

NewsFeeds update

Berkshire Hathaway's third-quarter operating profit fell 5.8% year on year to $12.7bn, while net income attributable to shareholders was $22.1bn against $30.8bn a year earlier. Cash reserves rose to a record $377bn and the company repurchased $9.6bn of shares in the quarter.

MacroPANewsAINeutral

Read the original on PANews

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.