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Berkshire profit falls 24 percent, keeps Wells Fargo stake
November 5, 2016 by admin · 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