Buffett’s Berkshire posts US$35.5bil profit, buys back more stock - Printable Version +- Ipoh Community Forums (https://forums.ipoh.com.my) +-- Forum: News and Current Affairs (https://forums.ipoh.com.my/forum-11.html) +--- Forum: International News (https://forums.ipoh.com.my/forum-13.html) +---- Forum: Business, Economy and Investment (https://forums.ipoh.com.my/forum-56.html) +---- Thread: Buffett’s Berkshire posts US$35.5bil profit, buys back more stock (/thread-7956.html)

Buffett’s Berkshire posts US$35.5bil profit, buys back more stock - superadmin - 05-07-2023 OMAHA: Warren Buffett’s Berkshire Hathaway Inc posted a US$35.5 billion first quarter profit today, reflecting gains from stocks such as Apple Inc, while higher investment income and a rebound at car insurer Geico bolstered operating results. Berkshire also sped up repurchases of its own stock, buying back US$4.4 billion, while paring its investments in other stocks such as Chevron Corp, which is still a major holding. - More -