home  »  Finance  »  Stocks  »  Buffett's Berkshire profit triples on...

1

Buffett's Berkshire profit triples on stock, bond derivatives

Billionaire investor Warren Buffett’s Berkshire Hathaway Inc said third-quarter profit tripled on gains in derivatives tied to stocks and bonds. Net income surged to $3.24 billion, or $2,087 a share, from $1.06 billion, or $682, in the same period a year earlier, the Omaha, Nebraska-based company said yesterday in a regulatory filing. Operating earnings, which exclude some investment

  read more »

Advt

Advt

Comments

Post stamped by 1 Humsurfers