Berkshire Earnings Rise as Abel Begins Deploying Buffett's Cash
1 independent sourcepublished
Berkshire Hathaway reported higher earnings last quarter, with strength across energy, railroad and manufacturing operations offsetting weaker insurance results, according to CNBC.
CEO Greg Abel spent $4.5 billion on buybacks in the period, his first substantial capital deployment since taking the helm, CNBC reported.
Sources: CNBC
This article is for information only and is not financial advice.
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Tags: berkshire-hathaway, earnings, buybacks, greg-abel