Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Biomed, Communication and Technology sectors led shares higher.At the close in Tel Aviv, the TA 35 rose 0.09% to hit a new 1-month high.The best performers of the session on the TA 35 were Teva Pharmaceutical Industries Ltd (TASE:TEVA), which rose 10.65% or 584.00 points to trade at 6,069.00 at the close. Meanwh ...
By Jonathan Stempel OMAHA, Nebraska (Reuters) - Tens of thousands of people are in Omaha, Nebraska, to attend the annual shareholder weekend for billionaire Warren Buffett’s Berkshire Hathaway (NYSE:BRKa). Buffett, 94, is expected to answer shareholder questions over four and a half hours at Berkshire’s annual meeting on Saturday. Vice Chairman Greg Abel, 62, who is expected to succeed Buffett ...
Investing.com -- Berkshire Hathaway (NYSE:BRKb) reported a 14% drop in first-quarter operating earnings to $9.64 billion, down from $11.22 billion a year earlier, as insurance underwriting income declined sharply.Insurance underwriting operating income fell 49% year-over-year to $1.34 billion, while insurance investment income rose 11% to $2.89 billion.BNSF Railway posted operating income of $1. ...
By Jonathan Stempel and Carolina Mandl OMAHA, Nebraska/NEW YORK (Reuters) -Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) on Saturday posted a lower operating profit in the first quarter, dented by insurance losses from wildfires and foreign currency changes, while its cash stake grew to a record $347.7 billion. Operating profit for the Omaha, Nebraska-based conglomerate dropped 14% to $9.64 bi ...