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Buffett's Berkshire Says Net Declines on Insurance, Derivatives - Read More

Date Added: May 03, 2008 04:30:04 AM
May 3 (Bloomberg) -- Billionaire Warren Buffett 's Berkshire Hathaway Inc. said profit plunged 64 percent to the lowest since 2005 as falling rates cut returns from insurance operations and the company marked down the value of derivative contracts.

Category: Business & Economy » Finance and Investment » Insurance


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