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Berkshire Hathaway reported a significant uptick in fourth quarter operating earnings, which totaled $8.5 billion, up from $6.6 billion, or a 28% increase from a year ago.
Warren Buffett provides an up-to-date view on the markets, the economy, and the state of Berkshire Hathaway. Warren Buffett's annual letter to Berkshire Hathaway shareholders — Key highlights ...
It appointed two Berkshire Hathaway Energy executives as CEO and CFO of the company, retaining Jimmy Haslam as chairman. [106] On October 2, 2014, Berkshire Hathaway Automotive, an auto dealership subsidiary, was created through the acquisition of Van Tuyl Group, the remaining largest auto dealer in the nation and independently owned up to that ...
"In the general economy, the feedback we get is that perhaps the majority of our businesses will actually report lower earnings this year than last year," Buffett added. Berkshire posted a $35.5 ...
In a May 2021 interview, Warren Buffett confirmed Abel as his future successor as CEO of Berkshire Hathaway. [10] [11] Abel's handling of CalEnergy’s take-over of a British utility in the 1990s is credited to mark the start of this transition. [12] In June 2022, he sold his 1% stake in Berkshire Hathaway Energy for $870 million. [13]
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Berkshire revealed a new $6.7 billion stake in insurance giant Chubb during the first quarter, but actually first established the position in the third quarter of 2023.
Alice D. Schroeder (born December 14, 1956) is an American executive, financial journalist, and author who was Berkshire Hathaway's leading sell-side insurance analyst at Morgan Stanley and later became Warren Buffett's appointed biographer. [1]