OMAHA, Neb. (AP) -- Berkshire Hathaway Inc.'s third-quarter profit more than doubled as the completion of the Kraft-Heinz merger boosted the paper value of its stake in the food giant. The conglomerate Warren Buffett leads said Friday it earned $9.4 billion, or $5,737 per Class A share. That's up from $4.6 billion, or $2,811 per share, in last year's third quarter. Berkshire's revenue grew 15 percent to nearly $59 billion. Several of its non-insurance businesses, such as BNSF railroad, performed...
OMAHA, Neb. (AP) -- Berkshire Hathaway Inc.'s third-quarter profit more than doubled as the completion of the Kraft-Heinz merger boosted the paper value of its stake in the food giant. The conglomerate Warren Buffett leads said Friday it earned $9.4 billion, or $5,737 per Class A share. That's up from $4.6 billion, or $2,811 per share, in last year's third quarter. Berkshire's revenue grew 15 percent to nearly $59 billion. Several of its non-insurance businesses, such as BNSF railroad, performed...
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