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Friday, November 7, 2014

Berkshire Q3 profit drops on investments, operating results gain, (NYSE: BRK-A), (NYSE: BRK-B), (NYSE: TRI), (TSE: TRI.TO)

Warren Buffett's Berkshire Hathaway Inc on Friday said third-quarter profit fell 9 percent as it took a large writeoff on one of its investments, but operating results easily topped forecasts amid improvement in its insurance, energy and railroad operations.Net income slipped to $4.62 billion, or $2,811 per Class A share in the third quarter, from $5.05 billion, or $3,074 per Class A share, a year earlier.Operating profit, however, rose 29 percent to $4.72 billion, or $2,876 per Class A share, from $3.66 billion, or $2,228 per Class A share.Analysts on average expected earnings of $2,593.85 per share, according to Thomson Reuters I/B/E/S.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A traded higher by 0.08% or $170.0/share to $214970.00. In the past year, the shares have traded as low as $163038.00 and as high as $214935.00. On average, 365 shares of BRK-A exchange hands on a given day and today's volume is recorded at 169.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B traded higher by 0.22% or $0.32/share to $143.61. In the past year, the shares have traded as low as $108.12 and as high as $143.48. On average, 3565280 shares of BRK-B exchange hands on a given day and today's volume is recorded at 3233439.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.43% or $0.16/share to $37.64. In the past year, the shares have traded as low as $33.21 and as high as $38.73. On average, 741946 shares of TRI exchange hands on a given day and today's volume is recorded at 531842.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.54% or $-0.23/share to $42.64. In the past year, the shares have traded as low as $36.86 and as high as $43.43. On average, 685433 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 329253.



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