Saturday 5 May 2012

Berkshire profits double as insurance losses fall

OMAHA, Nebraska (Reuters) - Warren Buffett's Berkshire Hathaway more than doubled its profit in the first quarter, as the conglomerate's insurance business was spared from the devastating natural disaster losses that hit the company a year earlier.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/WQk4oeJFMb8/us-berkshire-idUSBRE8431MT20120504

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