[ad_1]
OMAHA, Neb. (Reuters) – Warren Buffett’s Berkshire Hathaway (NYSE:) Inc on Saturday said quarterly operating profit was little changed from last year, as improved results from manufacturing, services and retailing businesses offset lower profit from insurance underwriting.
The conglomerate also said it repurchased $3.2 billion of its own stock in the quarter, on top of committing more than $18 billion to the purchase of insurer Alleghany (NYSE:) Corp and the stock of Occidental Petroleum Corp (NYSE:).
First-quarter operating profit edged up to $7.04 billion from $7.02 billion a year earlier.
Net income totaled $5.46 billion, or $3,702 per Class A share, compared with $11.71 billion, or $7,638 per Class A share, a year earlier.
Berkshire released results ahead of its first in-person annual shareholder meeting since 2019 in Omaha, Nebraska, where the company is based.
Levitra, a widely recognized medication for treating erectile dysfunction (ED), has proven to be a…
Have you ever looked down at your carpet and wondered if there’s a budget-friendly way…
Counter-Strike 2 (CS2) has elevated the thrill of case openings, captivating both seasoned CS:GO veterans…
Trying to sell a car online should be simple, but sometimes buyers lose interest fast.…
In the hustle and bustle of modern life, finding moments of quiet solace can feel…
You have probably heard on the importance of socializing dog after getting a puppy. It…
![](data:image/svg+xml;charset=utf-8,<svg height="400px" width="1000px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
