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Berkshire profit falls 24 percent, keeps Wells Fargo stake

November 5, 2016 by · Leave a Comment 

Berkshire is Wells Fargo's largest shareholder. Quarterly net income for Omaha, Nebraska-based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per share, a year earlier. Operating profit, which excludes investment and derivative gains and losses, rose 7 percent to

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Berkshire profit falls 24 percent, keeps Wells Fargo stake

earlier-known

Alphabet’s unit discloses Snapchat investment

November 5, 2016 by · Leave a Comment 

(Reuters) – Alphabet Inc's venture capital arm CapitalG, earlier known as Google Capital, disclosed an investment in Snapchat by adding the social networking firm's logo to a page on its investment portfolio website. CapitalG has not made a formal announcement and it was not clear when Google made the investment. The …

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Alphabet’s unit discloses Snapchat investment