Berkshire's operating profit generated from the conglomerate's wholly owned businesses including insurance and railroads jumped 34% in the third quarter.

Berkshire's operating profit generated from the conglomerate's wholly owned businesses including insurance and railroads jumped 34% in the third quarter.

For the fifth straight quarter, the firm declined to buy back its own shares, even after sliding 12% since May, when Buffett said he would step down as CEO by year's end.

La holding continua a liquidare azioni e ad evitare buyback: in cassa ora ha 381,6 miliardi di dollari. Nel trimestre profitti saliti del 34%. L’”oracolo di Omaha”, ormai molto…

Berkshire Hathaway has a record-high cash reserve of $381.7 billion after increasing its third-quarter earnings by 34% from a year ago, the firm reported.