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Saturday, August 9, 2008

MARKETWATCH.COM : Berkshire Hathaway second-quarter profit slides

By Sue Chang
Last update: 5:27 p.m. EDT Aug. 8, 2008
SAN FRANCISCO (MarketWatch) -- Berkshire Hathaway (BRKA:
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late Friday reported its second-quarter net income fell to $2.88 billion, or $1,859 a class A share, from $3.12 billion, or $2,018 a class A share, a year earlier. Operating income, which excludes net realized investment gains and losses, was $2.27 billion, or $1,465 a class A share, down from $2.51 billion, or $1,625 a class A share, a year ago, the insurance-focused conglomerate run by Warren Buffett said. End of Story


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