(Adds financial details throughout, adds links to annual meeting preview, Buffett Factbox and related stories). OMAHA, Neb., May 5 (Reuters) – Berkshire Hathaway Inc on Saturday ended its more than year-long stretch of falling operating profit, while a new accounting rule caused the conglomerate
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Berkshire Hathaway Inc on Saturday reported an unusual quarterly net loss, the result of an accounting change that Buffett had warned would … The accounting change required Berkshire to report $6.2 billion of unrealized losses in its marketable stock portfolio, which totaled $170.5 billion at year end,
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Berkshire Hathaway on Saturday ended its more than year-long stretch of falling operating profit, while a new accounting rule caused the conglomerate chaired by Warren Buffett to suffer an overall net loss. The results were released on the same day Berkshire is holding its annual meeting in Omaha,
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The fund saw about $1.1 billion of inflows in April, the most since September, according to data compiled by Bloomberg. … silver and platinum rally would be sustained reversals of favorable trends in inflation, stock-market volatility and the weakening dollar,” according to Bloomberg Intelligence strategist
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For most of its history, New York's Peninsula Hotel had, in the words of General Manager Jonathan Crook, “generic hotel art of no significance.” Starting in 2010, though, it began an ambitious program to exhibit a shifting array of contemporary artworks, sourced from a collector named Alvaro Leal and his
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