Storm Losses Push Berkshire Profit Down 37%

NU Online News Service, Nov. 8, 4:29 p.m. EST? Berkshire Hathaway Inc., billionaire Warren Buffett’s Omaha, Neb.-based holding company, saw its third-quarter profit dip 37 percent to $1.137 billion compared to the year-ago quarter, as the company’s insurance operation suffered after-tax hurricane losses of about $816 million.[@@]

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