There are a few short-term issues overshadowing the big picture for this computer peripherals and hardware company. Read More...
Benzinga
Berkshire Hathaway’s Operating Earnings Jump 21%, Repurchases $6 Billion Of Its Stock
Warren Buffett’s Berkshire Hathaway Inc (NYSE: BRK) has repurchased $6 billion of its own stock in the second quarter, bringing the total buybacks to more than $37 billion since the end of 2019, Bloomberg reports. The company’s second-quarter operating profit rose 21% to $6.69 billion, about $4,424 per Class A share, from $5.51 billion, about $3,463 per share. The net income, including gains from investments such as Apple Inc (NASDAQ: AAPL) and Bank of America Corp (NYSE: BAC), rose 7% to $28.1