• Warren Buffett's Berkshire Hathaway plowed a net $3.8 billion into stocks last quarter - and slashed its spending on buybacks to $1 billion

    2 days ago - By Business Insider

    Warren Buffett. Drew Angerer/Getty Images
    Warren Buffett's Berkshire Hathaway reported second-quarter earnings on Saturday.
    The investor's company was less active in the stock market and slowed its share buybacks.
    Berkshire posted double-digit increases in revenues and operating income.
    Warren Buffett's Berkshire Hathaway reported second-quarter earnings on Saturday that showed a strong performance from its operating businesses, but revealed the company slowed its rate of share repurchases and was far less active in the stock market than in the preceding three months. The famed investor's...
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  • Buffett's firm reports $44B loss as portfolio value falls

    2 days ago - By Chron

    OMAHA, Neb. - Warren Buffett's company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted and he bought significantly fewer stocks, but Berkshire Hathaway's many operating companies generally performed well.
    Berkshire said Saturday that a largely unrealized $53 billion decline in the value of its investments forced it to report a loss of nearly $44 billion, or $29,754 per Class A share. That is down from $28.1 billion, or $18,488 per Class A share, a year ago.
    Buffett has long said he believes Berkshire's operating earnings are a better...
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  • Berkshire Hathaway reports operating earnings surge, but posts big investment loss amid market rout

    3 days ago - By CNBC

    Berkshire Hathaway's operating profits jumped in the second quarter despite fears of slowing growth.
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