Berkshire Hathaway Earnings Dip 42%

NU Online News Service, Aug. 9, 12:00 p.m. EDT?Investment losses led to a 42 percent decline in second-quarter earnings at Berkshire Hathaway Inc.[@@]

The Omaha-based holding company run by billionaire investor Warren Buffett on Friday reported second-quarter earnings of $1.28 billion, or $834 per class-A share, compared to $2.3 billion, or $1,452 per share in the second quarter of last year.

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