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Archive Home > 2008 > November > 08 > Berkshire reports 77% earnings drop

Berkshire reports 77% earnings drop


November 8, 2008

OMAHA, Neb. — Warren Buffett’s Berkshire Hathaway Inc. on Friday reported a 77 percent drop in third-quarter earnings, hurt by declining insurance profits and a $1.05 billion investment loss. Net income fell to $1.06 billion, or $682 per Class A share, in the quarter ending....

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