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Shanthi Rexaline

Berkshire’s Cash Hoard Swells As Warren Buffett-Led Company’s Q2 Operating Earnings Rise 6.6%

Warren Buffett Berkshire Berkshire Hathaway Nebraska Omaha
Berkshire Hathaway logo. Omaha, Nebraska-based Berkshire Hathaway, an investment holding company, said its third-quarter operating earnings came in at $10.04 billion, higher than last year's $9.42 billion in earnings. HOME SERVICE PNG.

Warren Buffett’s Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK) reported Saturday second-quarter results that showed a modest increase in operating income. The firm’s investment income also reversed to a gain from a loss a year ago, thanks to the equity market rally seen in the quarter.

What Happened: Omaha, Nebraska-based Berkshire Hathaway, an investment holding company, said its third-quarter operating earnings came in at $10.04 billion, higher than last year’s $9.42 billion in earnings. Operating earnings are derived from the companies Berkshire owns.

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