Buffett’s Berkshire Posts Record Cash as Operating Earnings Rise
Berkshire Hathaway Inc. reports increased operating earnings of $8.48 billion for Q4, attributed to higher interest rates and fewer catastrophes in its insurance business. Despite a record cash pile of $167.6 billion, Buffett struggled to find major deals. Net earnings reached $37.6 billion, with significant share repurchases totaling $9.2 billion for the year.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
