Warren Buffett's Berkshire Hathaway Inc said quarterly profit doubled to a record high, reflecting a large gain on its stake in Kraft Heinz Co, while operating profit declined on weaker results from insurance underwriting.Third-quarter net income rose to $9.43 billion, or $5,737 per Class A share, from $4.62 billion, or $2,811, a year earlier.Operating profit fell 4 percent to $4.55 billion, or $2,769 per share, from $4.72 billion, or $2,876.Analysts on average expected operating profit of $2,720.60 per share, according to Thomson Reuters I/B/E/S.
Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in various business activities. Shares of BRK-A fell by 0.78% or $-1594.0/share to $203100.00. In the past year, the shares have traded as low as $190007.00 and as high as $229374.00. On average, 302 shares of BRK-A exchange hands on a given day and today's volume is recorded at 520.
Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in various business activities. Shares of BRK-B fell by 0.18% or $-0.24/share to $136.33. In the past year, the shares have traded as low as $125.50 and as high as $152.94. On average, 4208670 shares of BRK-B exchange hands on a given day and today's volume is recorded at 3730980.
Thomson Reuters Corporation is a provider of intelligent information for businesses and professionals. Shares of TRI fell by 1.23% or $-0.5/share to $40.14. In the past year, the shares have traded as low as $36.49 and as high as $42.64. On average, 987100 shares of TRI exchange hands on a given day and today's volume is recorded at 696959.
Thomson Reuters Corporation is a provider of intelligent information for businesses and professionals. Shares of TRI fell by 0.26% or $-0.14/share to $53.35. In the past year, the shares have traded as low as $42.51 and as high as $55.92. On average, 938989 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 624041.
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